(1) The reporting organization shall arrange a risk management system to determine whether its client or real wealth or a person seeking to become a client is a high-ranking person or not. The following additional measures should be taken when establishing a business relationship or doing business with a high-ranking person of the organization or a local high-ranking person:- (a) Before establishing a business relationship, take the approval of the higher authority who oversees the management of the index organization, (b) If it is known that the existing customer is a high-ranking person, immediately (a) Obtaining approval as per the following, (c) Adopting adequate measures to identify the assets and sources of funds of the client or real owner, (d) Continuously monitoring the professional relationship or business of the client and himself, (e) Section 7e. (3) Provisions as per sub-section (1) and (2) shall also apply to family members and related persons of high-ranking persons.