AML Policy

Anti-Money Laundering (AML)
Money Laundering is the act and/or process of obtaining and procuring any funds in an illegal or fraudulent way. There are basically three steps invovled in a Money Laundering activity, and these are: placement, layering and integration.

As an attempt to curb such activities, Sabendo Investir provides this AML policy to ensure that the Company will not be used for or affiliated with any money-laundering activities, or any schemes similar to it. Sabendo Investir also ensures that the Company is geared toward the prevention of money laundering, terrorist financing, drug and human trafficking, corruption, bribery, and other similar illegal activities.

Other criminal activities that the Money Laundering entails are as follows: robbery, embezzlement or larceny, organized crimes, and drug smuggling.

Sabendo Investir Provides strict procedures and services to apprehend suspected or confirmed money laundering activities. The Company thus imposes strict and comprehensive personal information collection, and automated transaction monitoring.

Anti-Money Laundering Policy
Money Laundering is the act and/or process of obtaining and procuring any funds in an illegal or fraudulent way. There are basically three steps invovled in a Money Laundering activity, and these are: placement, layering and integration.

  • The Money Laundering Reporting Officer or MLRO is appointed through the officer’s status of seniority. The MLRO’s job is to oversee the compliances of on-going and possible relevant legislation, regulations, rules and industry guidance;
  • Instituting and preserving a Risk-Based Approach, or RBA, with respect to the assessment and management of money laundering threats to the company;
  • Instituting and preserving risk-based customer due diligence, identification, verification, and the Know Your Customer procedures or KYC;
  • The running of procedures for reporting fraudulent and suspicious activities are done internally and with the relevant law enforcement authorities;
  • All appropriate records are submitted for maintenance on minimum prescribed periods; and
  • All employees are trained and skilled in the Anti-Money Laundering Policies.

Sabendo Investir does not deal with any individuals, private/public companies, and entities that are cited in the Anti-Money Laundering Council as a part of illegal activities or terrorist-related activities.