Money laundering

ACTING WITH INTEGRITY

Money laundering

We are aware that third parties may exploit us to engage in money laundering. We take steps to protect ourselves against it and comply with all applicable laws.

Our key Values to consider

  • Safety
  • Openness
  • Integrity
  • Simplicity
  • Responsibility
  • Entrepreneurialism

What does our commitment mean in practice?

We do not accept money or other assets if we know or suspect that they derive from any kind of criminal activity.

We do not knowingly assist, support, participate in or permit money laundering or terrorist financing.

We conduct know your counterparty and due diligence procedures in order to determine the background and identity of our business partners.

Employees must report requests for inappropriate or illegal payments, favours, or unusual or suspicious requests by a public official to Compliance immediately.

We do not knowingly or wilfully facilitate tax evasion

Key terms

MONEY LAUNDERING
The process of concealing the criminal origin of money or other assets, including commodities, so they appear to come from a legitimate source