(1) A relevant person may rely on a person who falls within paragraph (3) ("the third party") to apply any of the customer due diligence measures required by regulation 28(2) to (6) and (10), or to carry out any of the measures required by regulation 30A, but, notwithstanding the relevant person’s reliance on the third party, the relevant person remains liable for any failure to apply such measures.
(2) When a relevant person relies on the third party to apply customer due diligence measures or carry out any of the measures required by regulation 30A under paragraph (1) it -
(a) must immediately obtain from the third party all the information needed to satisfy the requirements of regulation 28(2) to (6) and (10) and regulation 30A in relation to the customer, customer’s beneficial owner, or any person acting on behalf of the customer;
(b) must enter into arrangements with the third party which -
(i) enable the relevant person to obtain from the third party immediately on request co
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