Anti-Money Laundering & KYC Policy

Anti-Money Laundering & KYC Policy

Casa De Valore Advisory is committed to upholding the highest standards of anti-money laundering (AML) and Know Your Customer (KYC) compliance. Our robust policy, compliant with Kenyan regulations, protects our clients and safeguards the integrity of the financial system.

We strive to be among the best in Kenya for our AML and KYC practices.

Our KYC Procedures

Client Identification and Verification

We adhere to stringent KYC procedures to verify the identity of all clients. This involves collecting and verifying essential information such as identification documents, proof of address, and beneficial ownership details. We utilize advanced technologies and third-party verification services to ensure accuracy and reliability. The process ensures transparency and mitigates risks associated with money laundering and terrorist financing.

Ongoing Monitoring and Due Diligence

KYC is not a one-time process; we conduct ongoing monitoring and due diligence. This includes regularly reviewing client information, transaction patterns, and any relevant updates.

This proactive approach allows us to identify and address potential AML risks effectively.

Our AML Compliance Program

Risk Assessment and Mitigation

We conduct regular risk assessments to identify and mitigate potential AML vulnerabilities. This involves analyzing client profiles, transaction volumes, and global threats. Our strategies include implementing robust internal controls and procedures, employee training, and regular audits to maintain our top-rated status in Nairobi. We leverage best practices in Kenya’s financial services sector.

Reporting and Record Keeping

We maintain meticulous records of all client interactions and transactions. This data is securely stored and readily accessible for audits and regulatory compliance. Our reporting procedures are designed to quickly and accurately report suspicious activities to the relevant Kenyan authorities. This stringent AML policy is crucial to our reputation and operational integrity.

Employee Training and Awareness

All Casa De Valore Advisory employees undergo regular training on AML and KYC regulations and best practices. This includes training on identifying suspicious activities, reporting procedures, and maintaining client confidentiality. We prioritize a culture of compliance and ethical conduct throughout our organization. Our team understands the importance of effective AML and KYC programs, particularly in Kenya’s dynamic financial landscape.

Contact us today to learn more about how Casa De Valore Advisory’s commitment to anti-money laundering and Know Your Customer procedures ensures the security and integrity of your financial transactions.