ANTI-MONEY LAUNDERING POLICY. The Company is obliged to conform to the Anti Money Laundering laws under the applicable regulations. The Company may also request from the Client to inform the Company how monies being invested were obtained / accumulated. This process may require sight of certain documentation. If the Client provides false or inaccurate information and the Company suspect fraud or money laundering it will record this. It is Company’s policy not to transfer Client’s funds to third parties unless a written application and explanation is provided by the Client. The Company will not forward any applications or money to third parties/product providers until Company’s verification requirements have been met. The Company has the right not to carry out orders or instructions received from the Client as long as the Client has not supplied the information requested by the Company. The Company takes no responsibility for any delay in investing where money-laundering verification is outstanding. The Company has the right to terminate the Agreement with the Client immediately and to prohibit the Client from withdrawing any assets if the explanations, concerning Money Laundering and Terrorist Financing issues, provided are inadequate or unsatisfactory.
Appears in 7 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
