Anti-Money Laundering awareness and Know-Your-Partner Workshop @ Summerside (27Dec2021)
We are delighted to share the AML awareness and KYC knowledge to our participants in the workshop @ Summerside. The following topics have been covered as planned and most importantly, there are many interactions between us.
- Money Laundering Risks that your corporates will face?
- How can corporates defend themselves?
- Why and how corporates need to know their partners?
Definition of Money Laundering
Under Canadian law, a money laundering offence involves various acts committed with the intention to conceal or convert property or the proceeds of property (such as money) knowing or believing that these were derived from the commission of a designated offence (Most of serious offence)
Know Your Counterpart
- Partnership needs to be careful
- Aware the partnership’s reputation
- Business Registration / Corporation document
- Any open source information
- Special service to acquire the investigative report for a corporate from anywhere of the world
