The UK AML regime is set out in the following legislation and regulations:
The Intcoex AML Policy is designed to prevent money laundering by meeting the UK AML legislation obligations including the need to have adequate systems and controls in place to mitigate the risk of the firm being used to facilitate financial crime. This AML Policy sets out the minimum standards which must be complied with and includes:
Intcoex is prohibited from transacting with individuals, companies and countries that are on prescribed Sanctions lists. Intcoex will therefore screen against United Nations, European Union, UK Treasury and US Office of Foreign Assets Control (OFAC) sanctions lists in all jurisdictions in which we operate.