- Schedule Mon - Fri 10.00 - 18.00
AML
In-Depth Knowledge of Our Clients Through KYC (Know Your Customer) and AML (Anti Money Laundering) Procedures
KYC and AML procedures are at the core of our business and guide our daily conduct.
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Initial Engagements: From the first meeting with a new client to executing a transaction with an approved counterparty, we guide our clients through a series of detailed checks and a comprehensive information collection exercise. This ensures the solidity and integrity of all future business dealings.
Regular Updates: KYC information is regularly refreshed to comply with regulatory obligations and the annual audit. Our onboarding, compliance, and front office teams work continuously to protect our ecosystem and business reputation, consistently promoting the highest ethical standards in the precious metals industry.
Regulatory Compliance: RAFINOR is regulated by the Consumer Protection Authority in accordance with the Precious Metals Act.
Precious Metals Control Authority: This authority enforces the Precious Metals Control Act, which regulates the trade of raw materials, melting materials, and melting products, as well as goods such as watches and jewelry made from precious metals, including gold, silver, and platinum.
Annual Compliance Audit: Rafinor conducts an annual audit to verify our compliance with the Romanian AML Law.
Anti-Bribery and Corruption Policy: The company has established a clear policy against corruption. All companies within the Group comply with all applicable local and international laws. Specifically, RAFINOR fully complies with laws prohibiting corruption both in Romania and abroad.
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Annual Audit