User Tools

Site Tools


law

This is an old revision of the document!


Compliance

RADR is committed to Anti-Money Laundering (AML) compliance and Anti-Terrorist Financing and has built policy, procedures and reporting to prohibit use of RADR system for such activities.

In support of our AML and Anti-TF policy and procedures RADR must:

Identify our customers (KYC): Customer information is collected during registration and during transactions. Based on the risk, RADR will ensure that it has a reasonable belief of the true identity of our customers. In verifying customer AC will perform enhanced due diligence for those customers presenting higher risk and may require additional information such as photo identification. Monitoring transactions and activity: AC has a risk based system and procedures to monitor on-going customer activity to detect fraud as well as money laundering activities including but not limited to placement, layering and integration of funds. Reporting: Procedures for reporting suspicious activity internally and to the relevant law enforcement authorities as appropriate. RADR is prohibited from transacting with individuals, companies and countries that are on prescribed Sanctions lists. RADR will therefore screen against European Union, US Office of Foreign Assets Control (OFAC) and other global sanctions lists in all jurisdictions in which we operate.

law.1447829995.txt.gz · Last modified: 2015/11/18 06:59 by Justin