Citation Audit

Citation: Article 21 1. ¶ 4 – In the case of life insurance contracts, obliged entities shall, where necessary as an alternative measure to terminating the business relationship, refrain from performing transactions for the customer, including payouts to beneficiaries, until the customer due diligence measures laid down in Article 20(1) are complied with.

Control: CC ID 16334 – Restrict transaction activities, as necessary.