30th Oct 2023
Safeguarding Your Investments: Understanding Anti-Money Laundering (AML) and Know Your Client (KYC)
At United Advisers Marine, we take AML compliance seriously. It is not merely a regulatory requirement, but a fundamental commitment to protecting the interests of our valued clients.
Anti-Money Laundering (AML) constitutes a crucial set of measures designed to thwart attempts to legitimise unlawfully acquired funds. This robust framework of laws, regulations, and procedures plays a pivotal role in maintaining the integrity of financial systems worldwide.
At United Advisers Group, we take AML compliance seriously. It is not merely a regulatory requirement, but a fundamental commitment to protecting the interests of our valued clients. By adhering to these stringent protocols, we ensure that your investments remain shielded from any potential illicit activity.
To uphold our status as professional regulated advisers, we diligently request updated passports and information from our clients on a regular 6 month basis. This process not only demonstrates our dedication to compliance but also serves as a crucial layer of security for all our investors.
Furthermore, it’s imperative to note that United Advisers Marine operates under stringent regulatory frameworks. This ensures that our financial advisers meticulously collect and analyze personal identification profiles, enabling us to gain comprehensive insight into each client’s risk tolerance and financial position. Upholding these robust measures not only guarantees compliance but also reinforces the trust and transparency that underpins our operations within the financial industry.
We understand that providing this information may be inconvenient and time-consuming. It is indeed a process that requires significant effort, and it adds many extra administration hours to our workload However, please be assured that these efforts are a testament to our unwavering commitment to your financial well-being.
In this rapidly evolving financial landscape, staying informed about AML and KYC practices is paramount. By working together, we fortify the foundation upon which your financial future rests, ensuring a safe and prosperous journey for all.