AML Policy

Last Updated: September 20, 2023

Introduction

WEPRO CONSULTING LLC (“WEPRO”, “we”, “us”, or “our”) is committed to the highest standards of Anti-Money Laundering (AML) compliance and Counter-Terrorist Financing (CTF). This AML Policy outlines our commitment to preventing the use of our services for money laundering or terrorist financing purposes.

Policy Statement

We are dedicated to complying with all applicable laws and regulations regarding AML and CTF. Our policy is to prevent criminals from using our services to launder money or finance terrorism.

Compliance Officer

We have appointed a Compliance Officer responsible for:

Implementing and enforcing this AML Policy
Monitoring compliance with AML laws and regulations
Overseeing communication and training for employees
Ensuring that appropriate AML records are maintained

Customer Due Diligence (CDD)

We perform due diligence on all clients to:

Verify their identity using reliable, independent source documents
Understand the nature and purpose of the business relationship
Monitor transactions for suspicious activity

Suspicious Activity Reporting

We are obligated to report any suspicious activities to the relevant authorities. Employees are required to promptly report any unusual or suspicious transactions to the Compliance Officer.

Record Keeping

We maintain records of:

Customer identification information
Transaction records
Any reports made to authorities

These records are kept for a minimum of five years or as required by law.

Employee Training

We provide regular AML training to all employees to ensure they understand their responsibilities in detecting and preventing money laundering activities.

Review and Monitoring

This AML Policy is reviewed annually to ensure compliance with current laws and regulations. The Compliance Officer is responsible for conducting regular audits.

Contact Us

For any questions regarding this AML Policy, please contact:
WEPRO CONSULTING LLC
Email: info@weproconsultingllc.com.