At We Are Trifle Ltd, we are fully committed to complying with all applicable laws and regulations to combat money laundering, terrorist financing, and other financial crimes. As a financial services provider, we understand our responsibility to detect and prevent the misuse of our services for illicit purposes. We take this responsibility seriously and have implemented a comprehensive Anti-Money Laundering (AML) policy.
Our AML Measures Include:
Customer Due Diligence (CDD):
We conduct thorough verification of our clients’ identities and business activities before establishing a business relationship. This includes collecting and reviewing identification documents and, where necessary, understanding the source of funds.
Ongoing Monitoring:
We continuously monitor transactions and activities to detect and report any unusual or suspicious patterns that may indicate money laundering or other financial crimes.
Record Keeping:
We maintain detailed records of all client information and financial transactions for a minimum period as required by law. This helps ensure full transparency and aids in any necessary investigations.
Reporting Suspicious Activity:
If we identify any suspicious transactions or activities, we are obligated to report these to the relevant authorities, such as the National Crime Agency (NCA) in the UK.
Staff Training and Awareness:
We provide regular AML training to our team members to ensure they are well-informed of the latest regulations and best practices for identifying and preventing financial crime.
Compliance with Legal Obligations:
Trifle complies with all relevant AML regulations and guidelines, including the UK Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations. We also work closely with regulatory bodies to ensure our compliance measures are effective and up to date.
Client Cooperation:
We appreciate your cooperation in providing any necessary information or documentation that supports our AML efforts. This process is designed to protect both your business and ours from the risks associated with financial crime.
If you have any questions or concerns about our Anti-Money Laundering policy, please feel free to contact us for more information.