Bilderlings ensures compliance with Anti-Money Laundering, Counter Terrorist Financing and Counter Proliferation Financing (AML/CTF/CPF), regulations through:
AML/CTF/CPF Policies: Developing rules and procedures that comply with laws and international standards.
Oversight: Appointing specialists to monitor adherence to AML/CTF/CPF regulations.
KYC: Identifying clients and verifying information about a customer, its beneficial owner(s), origin of funds.
Transaction Monitoring: Analyzing client transactions to identify suspicious activity.
Employee Training: Increasing staff awareness about methods of detecting and preventing money laundering.
Cooperation with Authorities: Reporting suspicious transactions to law enforcement agencies.
Sanctions: Checking clients and transactions against sanction lists.
These actions help to minimize the risk of money laundering through the banking systems.