Financial Crime. Please be aware that current UK money laundering regulations require us to obtain adequate ‘Know Your Client’ information about you. We are also required to cross check you against the HM Financial Sanctions List as part of the information gathering process. We are obliged to report to the National Crime Agency any evidence or suspicion of financial crime at the first opportunity and we are prohibited from disclosing any such report. We will not permit our employees or other persons engaged by them to be either influenced or influence others in respect of undue payments or privileges from or to insurers or clients.
Financial Crime. 9.1 The Agent shall maintain adequate and up to date financial crime prevention, anti-money laundering and whistle blowing processes, and not undertake any activity in any way that would constitute a criminal act within the jurisdiction. It shall conduct the business in accordance with all applicable anti-money laundering and international trade, economic or financial sanctions legislation.
Financial Crime. We are obliged to put in place controls to prevent our business from being used for money laundering and other forms of financial crime. We’ll verify your identity before undertaking any business with you. To do this we may use electronic identity verification systems and we may conduct these checks from time to time throughout our relationship, not just at the beginning. The check may leave a ‘footprint’ on your credit file but it will not affect your credit rating.
Financial Crime. Notwithstanding any terms and conditions provided hereunder, the Bank shall be entitled to take all actions the Bank considers appropriate in order for the Bank to meet any obligation or requirement, either in Thailand or elsewhere, in connection with the detection, investigation and prevention of financial crime including fraud, money laundering, terrorism financing, bribery, corruption, or tax evasion or the enforcement of any economic or trade sanction (“Financial Crime”). The Customer understands and agrees that if any activities, conduct or circumstances the Customer is involved in (directly or indirectly) may, in the sole and absolute discretion of the Bank, expose the Bank to legal or reputational risk, or actual or potential regulatory or enfo rcement actions, the Bank shall at any time, without giving any reason or notice to the Customer, have the right to immediately: -
Financial Crime. We are obliged to put in place controls to prevent our business from being used for money laundering and other forms of financial crime. We will verify your identity before undertaking any business with you. To do this we may use electronic identity verification systems and we may conduct these checks from time to time throughout our relationship, not just at the beginning. The check may leave a ‘footprint’ on your credit file, but it will not affect your credit rating. Benefits we may receive Under the rules of our regulator, the FCA, as a firm providing independent advice, we are unable to accept or retain payments or benefits from other firms (e.g. product providers) as this would conflict with our independent status. From time to time we may attend training events funded and /or delivered by product providers, fund managers and investment platforms. These events are designed to enhance our knowledge and enhance the quality of service we provide to our clients. As such this does not affect our obligation to act in your best interests. Our Remuneration Following our initial discussion (for which there is no charge) should you decide to proceed there is a cost for our services. We offer a variety of methods by which we can be remunerated so that you can select the method that best suits your needs. Our charges fall into the following categories: • Initial charges: these are the upfront costs of our services. • Service fee: once your financial plan is in place it is important to keep it under review so it can be adapted, where necessary, as your circumstances change. Our ongoing services are designed to do this. Our actual charges and fees (in pounds and xxxxx) will be agreed with you before we do any work and we will also explain your payment options. We will not charge you until we have agreed with you how we are to be paid. We will also tell you if there are other costs that might arise in connection with the services we provide to you. The initial charge for advice, research and arranging an investment, pension transfer or regular investment is detailed in the following table. Our ongoing fee, incorporating our standard service and investment review, is also detailed in this table: Initial Fee Monthly Service Fee Investments Portfolio: up to £100,000 3% of Investment 0.5% ongoing service fee £100,001 to £350,000 2% of Investment 0.5% ongoing service fee Over £350,001 1% of Investment 0.5% ongoing service fee ISA New Plans 3% of Investment 0.5% ongoing ...
Financial Crime. We, and members of the HSBC Group, are required, and may take any action considered appropriate, to meet Compliance Obligations in connection with the detection, investigation and prevention of Financial Crime (Financial Crime Risk Management Activity). Such action may include, but is not limited to: (i) screening, intercepting and investigating any instruction or communication by you or a Connected Person, or on your or a Connected Person’s behalf; (ii) investigating the source of or intended recipient of funds; (iii) combining Customer Information with other related information in the possession of the HSBC Group; and/or (iv) making further enquiries as to the status of a person or entity, whether they are subject to a sanctions regime, or confirming your or Connected Person’s identity and status. To the extent permissible by law, neither we nor any other member of HSBC Group shall be liable to you or any third party in respect of any loss whether incurred by you or a third party in connection with the delaying, blocking or refusing of any payment or the provision of all or part of the Services or otherwise as a result of Financial Crime Risk Management Activity.
Financial Crime. UIBL have strict anti-bribery and corruption policies and procedures in compliance with regulatory rules and statutory law. It is integral to our relationship with you that you also have policies and procedures to ensure that acts of bribery do not take place. Any breach will entitle either party to serve immediate notice of termination of our Agreement. Additionally UK money laundering regulations require us to obtain evidence of the identity of clients for whom we act. We will request the necessary information from you and seek further information if you request payment to be made to a third party. We are obliged to report, to the UK Serious Organisation Crime Agency (“SOCA”), any evidence or suspicion of money laundering at the first opportunity and we are prohibited from advising you of any such report.
Financial Crime. We are obliged to conduct reasonable due diligence to protect us and our clients against the risk of financial crime. At the start and throughout our relationship, we may require you to provide evidence to assist us in verifying your identity and/or legitimacy of any transactions we conduct on your behalf. We may also take reasonable steps to verify any payment details you provide to us. Neither party shall be involved in the offering, promising or giving of any financial or other advantage to any person in breach of any applicable anti-bribery laws (including the Bribery Act 2010). We are obliged to report evidence or suspicion of financial crime to the relevant authorities at the earliest reasonable opportunity and may be prohibited from disclosing any such report to you. We shall not provide services under this Agreement with any client that is the subject of any trade and economic Sanctions or embargos adopted and/or enforced by the U.S. Department of Treasury's Office of Foreign Assets Control, the European Union and its Member States, Her Majesty's Treasury, the United Nations Security Council or other relevant economic Sanctions and embargo control authority across the world (collectively referred to herein as "Sanctions"), nor shall we provide services to any client that is located, organised or resident in a country or territory that is the subject of comprehensive country Sanctions, as may be adopted and enforced from time to time. If Sanctions apply, your insurers or employee benefits providers may terminate your insurance or employee benefits contract, and, in respect of an insurance policy, may not pay any notified claims. If you become subject to Sanctions after the entry into force of this Agreement, we may have to terminate our relationship and your insurer may invoke its cancellation rights under your insurance contract. The parties to this Agreement shall notify each other immediately of any suspicion of exposure to Sanctions.
Financial Crime. We are obliged to conduct reasonable due diligence to protect us and our clients against the risk of financial crime. At the start and throughout our relationship, we will require you to provide evidence to assist us in verifying your identity and/or legitimacy of any transactions we conduct on your behalf. We may also take reasonable steps to verify any payment details you provide to us. Neither party shall be involved in the offering, promising or giving of any financial or other advantage to any person in breach of any applicable anti-bribery laws including the Xxxxxxx Xxx 0000, the Prevention of Corruption (Bailiwick of Guernsey Law) 2003 and Corruption (Jersey) Law 2006. Both parties shall also maintain their own policies and procedures which ensure compliance with applicable laws, including the Criminal Finances Xxx 0000 in so far as it applies to them, in order to prevent the facilitation of tax evasion. We are obliged to report evidence or suspicion of financial crime to the relevant authorities at the earliest reasonable opportunity and may be prohibited from disclosing any such report to you. We shall not provide brokerage services or pay any claim or provide any benefit under this Agreement with any client that is the subject of any trade and economic Sanctions or embargos adopted and/or enforced by the U.S. Department of Treasury's Office of Foreign Assets Control, the European Union and its Member States, Her Majesty's Treasury, the United Nations Security Council or other relevant economic sanctions and embargo control authority across the world (collectively referred to herein as "Sanctions"), nor shall we provide services to any client that is located, organised or resident in a country or territory that is the subject of comprehensive country Sanctions, as may be adopted and enforced from time to time. We will also be unable to provide brokerage services to any individuals and/or entities within any country or territory which is the subject of any targeted or transactional country Sanctions, which may be adopted and enforced from time to time. The insurer may not be deemed to provide cover and may not be liable to pay any claim or provide any benefit under your insurance contract insofar as the provision of such cover, payment or claim may expose the insurer or its related companies to any prohibition or restriction under the Sanctions. If Sanctions apply, we shall not be able to process already notified claims and your insurer may termina...
Financial Crime. We are obliged to put in place controls to prevent our business from being used for money laundering and other forms of financial crime. In order to become a client of TQ Invest we must verify your identity. To do this we may use electronic verification systems and we may conduct these checks from time to time throughout our relationship, not just at the beginning. By signing to accept the terms of this Agreement you are also authorising us to obtain an Anti-Money Laundering search and any other information we may require, where appropriate to verify identity. A soft footprint of a search for Anti Money Laundering should not affect your credit rating.
