1 AML Policies
The MKS PAMP GROUP AML policy and procedures are applied by all Group companies and are designed to detect and mitigate money laundering and terrorist financing risks. This policy is implemented through a comprehensive management system that encompasses rigorous risk-based due diligence procedures before entering into new commercial relationships as well as continuous monitoring of transactions on a risk-based approach. Should we suspect that the funds or the precious metals are the proceeds of a criminal activity or are related to terrorist financing we would immediately put the relationship on hold and report our suspicions to the local financial intelligence unit (FIU).
MKS PAMP is regulated by the ARIF for their compliance with the Swiss Anti Money Laundering Act. An independent audit is performed annually by a Big Four firm in order to verify our compliance with the Swiss AML Act.
The group has set an unambiguous policy against corruption within its Code of Conduct. All group companies comply with all applicable local and international laws. In particular, MKS PAMP fully complies with Swiss laws that prohibit active and passive corruption both in Switzerland and abroad.