AML Compliance Coming

From 1 July 2018 we will be required to obtain more information from you.  This is part of Hewat Galt’s compliance with the Anti Money Laundering and Counter Financing of Terrorism Act 2009 (AML/CFT).

The purpose of this Act is to prevent money laundering or the financing of any terrorism.  By asking you for more information, we are able to have more knowledge about the transactions we are undertaking on your behalf and we are able to ensure that we are not in breach of our requirements under the Act.  If we have reason to believe suspicion we are obligated to report this.

See further information here.

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