Anti-money laundering
Money laundering is a term that refers to the process of disguising the origin and ownership of the proceeds of criminal activities, making them appear to have come from a legitimate source. At LaDelfa, we are fully committed to complying with the Money Laundering Regulations 2017, the Proceeds of Crime Act 2002, the Terrorism Act 2000, and other relevant legislation.
Our aim is to prevent and combat money laundering and terrorist financing. In order to achieve this, we carry out thorough identification checks on all vendors and purchasers at the outset of our business relationship. We also take steps to establish the source of wealth and funds used in transactions, wherever appropriate.
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In addition, we have robust procedures in place to ensure that any suspicions of money laundering or related criminal activities are reported to the relevant authorities promptly and in full compliance with legal requirements.
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By taking these measures, we aim to protect our clients, our business, and the wider community from the damaging effects of money laundering and other criminal activities.
