PART 2CUSTOMER DUE DILIGENCE
Directions where Financial Action Task Force applies counter-measures18
The Treasury may direct any relevant person—
a
not to enter into a business relationship;
b
not to carry out an occasional transaction; or
c
not to proceed any further with a business relationship or occasional transaction,
with a person who is situated or incorporated in a non-EEA state to which the Financial Action Task Force has decided to apply counter-measures.