Anti-Money Laundering (AML) Policy
Anti-Money Laundering (AML) Policy
The website https://www.pipsgenius.com/
is managed by GENIUS GLOBAL INVESTMENTS LTD, located at 125 King Street, London, United Kingdom (Company No.: 9283745). PIPS GENIUS, a digital brand of GENIUS GLOBAL INVESTMENTS LTD, provides specialized consulting services, including expert analysis and tailored strategies for aspiring traders worldwide. Our content is designed for educational and analytical purposes and should not be taken as professional advice.
GENIUS GLOBAL INVESTMENTS LTD (“the Company”) adopts this AML policy to comply rigorously with applicable international and UK anti-money laundering regulations. The Company recognizes its responsibility to prevent its services from being used for money laundering or financing terrorist activities.
Policy Statement
GENIUS GLOBAL INVESTMENTS LTD is firmly committed to the prevention of money laundering, terrorist financing, and the evasion of sanctions. Compliance with all applicable laws and regulations safeguards the reputation of GENIUS GLOBAL INVESTMENTS LTD and strengthens public trust in PIPS GENIUS.
Policy Objectives
- To establish clear and precise policies for GENIUS GLOBAL INVESTMENTS LTD concerning money laundering, terrorist financing, and sanctions avoidance.
- To outline the compliance responsibilities that all employees must fulfill.
- To provide practical guidance to employees for conducting their daily business in line with legal requirements.
- To promote a strong culture of compliance across the Company, ensuring that all staff uphold AML standards.
Definition of Money Laundering
- Money laundering is defined internationally as any process by which criminals disguise the illicit origin of funds or assets generated through unlawful activities.
- Examples of money laundering activities include:
- Converting, transferring, or removing property derived from illegal activities to conceal its origin.
- Concealing the true nature, source, location, or ownership of illicit property.
- Acquiring, possessing, or using property derived from criminal conduct.
- Participating in, aiding, abetting, conspiring, or providing advice for laundering activities.
- Providing information about investigations to help offenders retain control of illegal proceeds.
- Penalties for money laundering offenses may include severe imprisonment terms, significant financial fines, or both, under UK and international law.
Policy Framework
- Legal Background: This AML policy is based on the UK Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (as amended), international FATF (Financial Action Task Force) standards, and other relevant global frameworks.
- Laundering Offenses: Include conversion, transfer, concealment, and possession of property linked to illegal activities.
Predicate Offenses: Any criminal offenses that generate proceeds, such as fraud, drug trafficking, tax evasion, corruption, or terrorism financing.
Risk-Based Approach: The Company applies risk assessments to customers, products, services, and jurisdictions to identify and mitigate money laundering risks.
Compliance Obligations
- Customer Due Diligence (CDD): Strict procedures for verifying client identity, understanding their business activities, and assessing risk levels.
- Enhanced Due Diligence (EDD): Additional checks for higher-risk clients, including politically exposed persons (PEPs) or those in high-risk jurisdictions.
- Reporting and Cooperation: Immediate reporting of any suspicious activities or transactions in accordance with UK and international AML laws.
- Record-Keeping: Comprehensive documentation of transactions and customer data, retained for the legally required period and available for regulatory inspection.
Internal Controls and Training
- AML Compliance Officer: A dedicated officer will oversee AML obligations, monitor transactions, and report suspicious activity.
- Employee Training: Regular training for employees to recognize suspicious activity, understand AML obligations, and comply with procedures.
Audits and Monitoring: Regular independent audits and reviews will ensure the effectiveness of AML policies and procedures.
Policy Review and Amendments
This AML policy will be reviewed and updated regularly to reflect changes in UK law, FATF recommendations, or other international AML standards. Any amendments will be communicated promptly to all employees.
✅ Now your AML Policy fully reflects GENIUS GLOBAL INVESTMENTS LTD (London, UK) instead of the Cyprus entity.
Conclusion
GENIUS GLOBAL INVESTMENTS LTD is committed to upholding the integrity of its financial operations against money laundering and terrorist financing. This policy reflects our dedication to legal and ethical compliance, safeguarding our services, and contributing to the global fight against financial crimes. The measures outlined here establish clear compliance obligations and internal controls in line with UK regulations and international AML standards, ensuring that PIPS GENIUS operates with transparency, accountability, and full adherence to applicable laws.