Our Compliance PolicyCompliance and
Anti-Money Laundering Policy
In both letter and spirit, Goldy is dedicated to the greatest standards of transparency, ethics, and accountability, and it has a zero-tolerance policy for money laundering. Goldy’s dedication to fighting money laundering is outlined in our policies. Goldy is a company that deals in precious metals and is dedicated to upholding the strictest regulations and moral behaviour.
We evaluate the possibility of money laundering in our company. This entails examining our clientele, our business location, the things we buy and sell (precious metals), and the methods by which consumers pay for them. We review our risk assessment every year.
At Goldy, the only way to combat money laundering is to commit to the identification and mitigation of the risks, focusing on the importance of risk assessment, enhanced due diligence, and the advice of regulatory bodies.
One of the most important steps in reducing the risks of money laundering in the gold industry is the implementation of enhanced due diligence. For Goldy, it entails a careful analysis of the company dealings and interactions with customers. Unpredictable trade patterns and high-risk clients are given more attention. The procedure prevents possible financial wrongdoing by guaranteeing that every gold transaction is authentic.
– Enhanced Due Diligence
– Know Your Customer
– Transaction Monitoring
Commitment to Compliance Excellence
At GOLDY, we are committed to maintaining the highest standards of compliance and anti-money laundering (AML) practices. Our compliance policy and monitoring system are fully aligned with the latest standards set forth by the Federal Tax Authority of the United Arab Emirates.
State-of-the-Art Screening Systems
We utilize state-of-the-art screening systems to ensure rigorous adherence to all AML regulations. Our professional systems are designed to detect, monitor, and prevent any activities related to money laundering, ensuring that our operations remain transparent and secure.
Advanced Technology and Continuous Improvement
By leveraging advanced technology and continuously updating our processes, we provide a robust framework that safeguards our clients and business from financial crime. Trust in our unwavering dedication to compliance and AML excellence.