FORM U6 – Enhanced Due Diligence on Unrepresented Counterparty

(Enhanced checks including source of funds/wealth and designated officer approval)

Section A: Transaction Details

Property Address

Purchase / Sale Price (S$)

or Monthly Rental (S$)

Purpose of Transaction

Section B: Source of Funds (For This Transaction)

Section C: Source of Wealth (Overall Financial Profile)

Section D: Prior Approval from Designated Officer

RES must obtain approval from a designated officer of the estate agent before establishing/continuing the business relationship with a higher-risk client.

RES’s Recommendation

RES’s Assessment of High-Risk Rating

Basis for High-Risk Rating

Recommendation For Acceptance of Client

Recommended to proceed Not recommended to proceed

Reasons for accepting a high-risk client

Estate Agent’s Assessment & Approval

The estate agent has assessed the ML/PF/TF risk of the Client, BO and transaction and

Approved Not Approved for the RES to proceed with the higher risk transaction.

Approving Officer

Designation

Signature

Date

Does the approval align with the RES’s recommendation?

Yes No

Note: Separation of duties is good practice. Consider escalation and/or filing an STR where necessary.