EDGE WISE CAPITAL is committed to combating money laundering and adheres to the guidelines set by the UK’s Joint Money Laundering Steering Group. As a full member of the Financial Action Task Force (FATF), the UK is dedicated to combating money laundering and terrorist financing. To deter money laundering activities, EDGE WISE CAPITAL has implemented stringent policies, including:
Verifying clients' proof of identification to ensure validity.
- Maintaining detailed records of identification information.
Screening clients against lists of known or suspected terrorists to ensure compliance.
Informing clients that provided information may be used for identity verification purposes.
- Monitoring clients' financial transactions closely.
We do not accept cash, money orders, third-party transactions, exchange house transfers, or Western Union transfers to prevent money laundering attempts.
Money laundering typically involves three stages: placement, layering, and integration. Funds from illegal activities are initially placed into the financial system, then moved through various transactions to obscure their origin, and finally reintroduced into the economy to appear legitimate.
Money laundering typically involves three stages: placement, layering, and integration. Funds from illegal activities are initially placed into the financial system, then moved through various transactions to obscure their origin, and finally reintroduced into the economy to appear legitimate.
International Anti-Money Laundering regulations mandate financial institutions to be vigilant against potential money laundering activities in customer accounts and implement compliance programs to deter, detect, and report suspicious activities. These guidelines are in place to safeguard EDGE WISE CAPITAL and its clients. For inquiries or comments regarding these guidelines, please contact us at [[email protected]]
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