NLB has zero tolerance for all types of financial crime. Our AML/CFT Programme for anti-money laundering and countering the financing of terrorism, subsequently, pursues the worldwide requirements in the realm of AML/CFT and allows the Financial institution to participate in varied international efforts in combating cash laundering, terrorist financing, and different criminal offences.
For example, customs authorities said that they could observe the undervaluing of goods and regard it as an try and evade duties – this addresses their major 遵守支付服务法案 duty to reduce harm from tax evasion. But whereas that is one effect of undervaluation, criminals may also be attempting to launder money by beneath-invoicing. That laundering might involve wider criminal exercise akin to trade in narcotics, arms, human trafficking, or corruption, doubtlessly providing wealthy intelligence about OCG actions.
– clearly state what you do when you establish a high-threat shopper or matter
– reference your firm’s insurance policies, controls and procedures
– consider the UK’s National Danger Assessment (NRA) and the SRA’s 2018/19 risk outlook
– checklist the steps your firm has taken to cut back the money laundering danger it faces