Lindholm Capital Ltd (“hereinafter GEMFOREX”) as a provider of investment services related to financial products, issued this Anti Money Laundering Policy (hereinafter referred to as AML) regarding the provision of investment services related to financial products.
As a financial company is subject to laws and other forms of regulation of anti-money laundering (“AML”), which results in many measures, principles and rules that can be seen by applicants for business, clients or partners while dealing with GEMFOREX. itself, its subsidiaries, branches, subordinated enterprises or affiliates. To show the importance and willingness to comply with legal requirements and so to help achieve the goals of such, GEMFOREX has adopted within its structure the policies and measures required by the laws of European Union, which are widely known for being highly severe with subject persons performing within its jurisdiction and requiring them to follow very strict rules. Due to these rules and requirements, GEMFOREX focuses on the following.
In addition, if GEMFOREX operates in any way within a jurisdiction, where AML rules require some additional measures, GEMFOREX makes sure to meet all the additional requirements and ensures that relevant matters are handled accordingly.
The goal GEMFOREX would like to achieve by adopting a strict AML policy is to prevent itself, its clients, partners, employees, and the industry from being misused for money laundering, terrorist financing or other financial crimes.
GEMFOREX is fully aware of possible harmful effects and danger to the global society, which comes together with the possibility for wrongdoers and criminals to disguise criminal origin of property, transfer, acquire or in any way legalize the ownership of such property.
The most significant consequences of GEMFOREX.’s AML policy, that may affect either applicants for business, clients, or partners, are as following:
Deposits in a particular account must be transferred from an account opened by an authorized credit institution or a credit card held in the name of the particular owner or applicant to open an account with GEMFOREX. Documents verifying ownership of a card or account are also requested during the account opening process or later if necessary.
Withdrawals are normally processed to the same deposit account.
New copies of verification documents are always requested from clients prior to the expiration of the current ones. Clients are obligated to provide new copies of verification documents once they expire.
If suspicious activity, transaction, or high risk is identified, the client’s account and activity will be investigated and reported to the relevant authorities if deemed necessary.
This content will be updated from time to time.
December 1, 2021