What is Money Laundering?
Money laundering is a process intended to mask the benefits derived from criminal conduct so that they appear to have originated from a legitimate source.
The fight against Money Laundering is a priority for Gold Access HK Limited. We recognize that the fight against Money Laundering and Terrorist Financing is team effort. We support the major International Organizations, which collectively set and enforce standards for Anti-Money Laundering and Counter-Terrorist financing policies and programs such as FATF, UN, The EU, The Organization of American States – The office of Foreign Assets Control (OFAC) and the Local Regulatory Authorities such as MSO and MAS.
The fight against Money Laundering is a priority for Gold Access HK Limited. We recognize that the fight against Money Laundering and Terrorist Financing is team effort. We support the major International Organizations, which collectively set and enforce standards for Anti-Money Laundering and Counter-Terrorist financing policies and programs such as FATF, UN, The EU, The Organization of American States – The office of Foreign Assets Control (OFAC) and the Local Regulatory Authorities such as MSO and MAS.
Gold Access HK Limited is committed to the highest standards of Anti Money Laundering (AML) compliance and requires management and employees to adhere to these standards to prevent use of our products and services for money laundering purposes, to safeguard the interest of our customers, our shareholders, our staff and the communities where we operate.
Adherence to the Gold Access HK Limited Anti-Money Laundering Program is the responsibility of all employees. The program is formulated and directed by the Risk & AML Compliance Unit. The program includes client screening through World Check System and monitoring requirements, “know your customer” procedures (including the requirement to establish the identity of beneficial owners), record keeping requirements, the reporting of suspicious circumstances in accordance with relevant laws, and mandatory training for all employees.