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How does Bilderlings ensure compliance with Anti-Money Laundering (AML) regulations?
How does Bilderlings ensure compliance with Anti-Money Laundering (AML) regulations?
Updated over 9 months ago

Bilderlings ensures compliance with Anti-Money Laundering, Counter Terrorist Financing and Counter Proliferation Financing (AML/CTF/CPF), regulations through:

  1. AML/CTF/CPF Policies: Developing rules and procedures that comply with laws and international standards.

  2. Oversight: Appointing specialists to monitor adherence to AML/CTF/CPF regulations.

  3. KYC: Identifying clients and verifying information about a customer, its beneficial owner(s), origin of funds.

  4. Transaction Monitoring: Analyzing client transactions to identify suspicious activity.

  5. Employee Training: Increasing staff awareness about methods of detecting and preventing money laundering.

  6. Cooperation with Authorities: Reporting suspicious transactions to law enforcement agencies.

  7. Sanctions: Checking clients and transactions against sanction lists.

These actions help to minimize the risk of money laundering through the banking systems.

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