AML policy

ANTI-MONEY LAUNDERING PREVENTION POLICY (AML)

The fight against money laundering (anti-money laundering - AML) includes a set of measures aimed at preventing the use of the financial system of a country or a specific financial institution for the legalization of proceeds of crime or the financing of terrorism. The development and implementation of these measures and tools is carried out by international and national institutions, the banking and business community.

The following are the specific steps are taken as part of the AML policy:

Our management structure includes a senior official whose main task is to oversee compliance with our policies and procedures, international practices and regulatory acts related to AML.

We trust highly qualified employees of our company, working in close contact with customers: these are specialists serving clients, and heads of departments and offices. As part of client policy, the company has introduced the Know Your Client program, the main purpose of which is full understanding and awareness of the partners with whom we enter into business relations.

We comply with legal requirements related to the fight against money laundering. In cases established by the relevant legal acts, the company cooperates with officials and government institutions.

We monitor the latest global trends in the fight against money laundering and implement them in the work of our company.

We understand that preventing money laundering and ascertaining the financing of terrorism is an ongoing process that requires constant attention and the ability to track illegal financial schemes.

KEY AML RESOURCES AND LEGISLATION:

Financial Action Task Force on Money Laundering

Office of Foreign Assets Control (OFAC) of the US Department of the Treasury

Financial Crimes Enforcement Network (FinCEN)

International Money Laundering Information Network (IMoLIN)