AML Policy
Anti-Money Laundering and counter terrorism financing
Zonerium Group Ltd has developed an Anti-Money Laundering and counter terrorism financing Policy (AML/CTF Program), in an effort to maintain the highest possible compliance with applicable laws and regulations relating to anti-money laundering. This includes maintaining comprehensive records of orders and other transfers, performing regular independent audits of our AML/CTF Program, following record retention requirements, and implementing a formal and ongoing compliance training program for all new and existing employees.
Policies And Procedures
Our AML/CTF Program is regularly reviewed and, if necessary, revised in an effort to comply with applicable rules, regulations and policies.
Internal Controls
We have developed robust internal policies, procedures, and controls designed to comply with applicable AML/CTF laws and regulations, as well as other reporting requirements.
Training
All of our employees and officers receive ongoing broad-based AML/CTF training, as well as position-specific training. They must repeat this training at least once every twelve months to ensure they are knowledgeable and in compliance with all pertinent laws and regulations. New employees receive training within thirty days of their start date. All documentation related to compliance training, including materials, tests, results, attendance and date, are maintained. Our compliance training program is updated as necessary to reflect current laws and regulations.
Compliance
Our compliance team is responsible for developing and enforcing the policies and procedures of our AML/CTF Program.
Suspicious Activity
We may freeze or suspend your account, as well as report to applicable authorities, if we know, suspect or have reason to suspect suspicious activities have occurred on Zonerium Group Ltd. A suspicious transaction is often one that is inconsistent with a customer’s known and legitimate business, personal activities or personal means. We leverage our compliance department, which performs transaction monitoring to help identify unusual patterns of customer activity. Our compliance team reviews and investigates suspicious activity to determine if sufficient information has been collected to justify any action from our side.