This Anti-Money Laundering (AML) and Know Your Customer (KYC) policy is effective from 01.08.2021 and has last been updated on 01.01.2024.
Everything Legal B.V. (hereinafter referred to as: the firm) is a limited liability company incorporated under the laws of Curaçao and registered in the trade register of the Chamber of Commerce and Industry in Curaçao under file number 145567.
1.1. The firm will commit itself to comply with all applicable anti-money laundering laws and regulations.
1.2. This policy governs the measures and procedures implemented by the firm to prevent money laundering and the financing of terrorism in its business practices and transactions.
2.1. The firm shall conduct due diligence to verify the identity of each client, obtaining clear evidence of identity and assessing the risk profile, especially concerning high-risk jurisdictions.
2.2. Ongoing monitoring shall be conducted to maintain an understanding of the nature and legitimacy of clients’ businesses and transactions.
3.1. KYC procedures shall be established to identify each organization the firm engages with, understand the legitimacy of business relationships, and identify and respond to unusual or suspicious activities.
3.2. Evidence of identity and address from all clients is required, potentially including the client’s current business background, supported by documents, data, and reliable sources.
The firm is obligated to request proof of identity and address from clients, regardless of previous engagements. Additional information regarding transactions on behalf of the client may also be requested.
5.1. Private individuals must provide original documents as proof of identity and address. The firm may also confirm their credit status.
5.2. Evidence supporting the source of funds and details of third parties involved in transactions may be required.
6.1. Corporate and business clients must provide specific company documents, including a resolution confirming the authorization of representatives.
6.2. Proof of identity for all directors is required, along with evidence regarding the source of funds and third-party transactions.
7.1. All documents provided to the firm shall be recorded and copied for audit purposes as part of the firm’s Anti-Money Laundering requirements.
7.2. The firm shall report any suspicious activities in accordance with legal and regulatory obligations.
8.1. Clients are expected to cooperate with these measures, recognizing their importance in preventing the misuse of legal services for criminal purposes.
8.2. Non-compliance with these requirements may result in refusal or termination of services by the firm.
This policy shall be subject to regular review and updates to ensure compliance with evolving legal and regulatory frameworks.
© 2006-2024 Everything Legal B.V. All rights reserved. Everything Legal B.V. is a private limited liability company under Curaçao law, trading as The Law Office of Adir Ayubi and Ayubi-Haakmeester Advocaten. Everything Legal B.V. is registered in the trade register of the Curaçao Chamber of Commerce & Industry under file number 145567.