Anti Money Laundering Policy
Shanderson Jewellery Limited is committed to preventing money laundering and any activity that facilitates money laundering or the financing of terrorist activities. We have established this Anti-Money Laundering (AML) Policy to ensure compliance with all applicable laws and regulations.
1. Compliance Officer
Shanderson Jewellery Limited has designated a Compliance Officer responsible for the implementation and oversight of our AML program. The Compliance Officer's duties include:
- Developing and updating our AML policies and procedures
- Ensuring ongoing compliance with applicable laws and regulations
- Providing training and support to employees
- Monitoring and reporting suspicious activities
2. Customer Due Diligence (CDD)
To prevent money laundering, we will perform customer due diligence measures to verify the identity of our customers, including:
- Obtaining and verifying customers' identification information through appropriate documentation
- Updating customer information on a regular basis
- Monitoring customers' transactions and identifying any suspicious activity
We reserve the right to refuse to do business with any customer who does not provide the required identification information or whose identity cannot be verified.
3. Record Keeping
Shanderson Jewellery Limited will maintain records of all customer identification information, transaction details, and any other relevant documentation for a minimum of five years following the termination of a customer relationship or the completion of a transaction.
4. Reporting Suspicious Activity
We are committed to detecting and reporting suspicious activities that may indicate money laundering or terrorist financing. Our employees are trained to recognize and report any transactions or customer behavior that may raise suspicions. Any suspicious activity will be reported to the appropriate authorities in accordance with applicable laws and regulations.
5. Employee Training
All relevant employees of Shanderson Jewellery Limited will receive regular training on AML policies, procedures, and regulatory requirements. This training will include instruction on recognizing and reporting suspicious activity, customer due diligence measures, and record keeping.
6. Policy Updates
This AML Policy will be reviewed and updated regularly to ensure ongoing compliance with applicable laws and regulations. Any changes to the policy will be communicated to all relevant employees.
If you have any questions or concerns about our Anti-Money Laundering (AML) Policy, please do not hesitate to contact us:
Shanderson Jewellery Limited
Unit A7, 5th Floor,
Kaiser Estate Phase 1,
41 Man Yue Street,
Hung Hom, Kowloon,