(1) A relevant person is not required to apply customer due diligence measures in the circumstances mentioned in regulation 7(1)(a), (b) or (d) where he has reasonable grounds for believing that the customer, transaction or product related to such transaction, falls within any of the following paragraphs.
(2) The customer is -
(a) a credit or financial institution which is subject to the requirements of the money laundering directive; or
(b) a credit or financial institution (or equivalent institution) which -
(i) is situated in a non-EEA state which imposes requirements equivalent to those laid down in the money laundering directive; and
(ii) is supervised for compliance with those requirements.
(3) The customer is a company whose securities are listed on a regulated market subject to specified disclosure obligations.
(4) The customer is an independent legal professional and the product is an account into which monies are pooled, provided that -
(a) where the pooled account is he