Anti-Money Laundering Policy
Valerio Jewellery Limited is committed to conducting business with the highest standards of integrity and in full compliance with international anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. This policy outlines our approach to preventing the misuse of our products and services for illicit purposes.
1. Compliance with Global Standards
- UK Money Laundering Regulations 2017 (as amended)
- Financial Action Task Force (FATF) Recommendations
- Relevant EU directives and international best practices
Our procedures are designed to detect, prevent, and report any suspicious activity in line with these standards.
2. Customer Due Diligence (CDD)
- Verify the identity of all customers using reliable, independent documentation.
- Apply Enhanced Due Diligence (EDD) for high-value transactions or where risk factors are identified.
- Maintain accurate records of identification and transaction details for a minimum of five years.
3. Monitoring and Reporting
- File a Suspicious Activity Report (SAR) with the UK Financial Intelligence Unit (FIU) via the National Crime Agency (NCA).
- Cooperate fully with law enforcement and regulatory authorities.
4. Staff Training and Awareness
- Understand legal obligations.
- Recognize red flags and suspicious activity.
- Follow internal reporting procedures promptly and accurately.
5. Zero Tolerance Policy
Valerio Jewellery Limited has a strict zero-tolerance approach to money laundering and terrorist financing. Any breach of this policy will result in immediate investigation and, where necessary, termination of business relationships and reporting to authorities.
Our Commitment
We are dedicated to protecting our customers, our reputation, and the integrity of the global financial system. By implementing robust AML measures, Valerio Jewellery Limited ensures that our business remains transparent, ethical, and compliant.
Disclaimer: By using our services, you agree to comply with this policy and all applicable laws.
