AML policy
We would like to inform you about the amendment to Act No. 253/2008 Coll., on certain measures against the legalization of proceeds from crime and terrorist financing. With effect from the 1st of January 2021, we become a liable person, which have the following obligations by law:
- Obligation to identify and control the client, if the conditions stipulated by law are met
- Obligation to prepare a written risk assessment
- Obligation to keep specified information and documents related to identification and control for a period of 10 years from the performed transaction or from the termination of the business relationship
- Obligation not to carry out a transaction if the client refuses to cooperate in the field of identification
- Obligation to report suspicious transactions to the Financial Analysis Office
The full text of the Act is available at the following link: