AML and Compliance policy
The Policy outlines our approach to minimize the risks of involving and using employees and services provided by the Bank for purposes of ML / FT / WMD.
Fundamental principles reflected in the policy:
1. KYC principle and due diligence - process of the identification, examination , analysis and verification of information and documents of customers.
2. Risk-based approach principle:
- procedures for assessment, monitoring, analysis, control, and minimization of the risk level;
- measures to prevent realization of the risk.
3. Customers' activities monitoring, reporting - reports on suspicious operations and transactions.
4. Personnel training.
Together with the principles mentioned above, the Bank complies with the requirements of national and international legislation, international practice, regulations in the field of compliance control and AML/CFT/WMD*.