AML / CFT POLICY

Fight Against Money Laundering / Fight Against Terrorism (AML / CFT) Policy

The iDev AML Policy is designed to prevent money laundering by exploiting many system and control mechanisms to reduce the risk of using our company while a financial crime is committed. This AML Policy establishes the maximum standards to be followed and includes the following:

Appointment of the MLO, who has seniority and independence at the highest level and is obliged to supervise compliance with relevant legislation, regulations, rules and industry guidelines

Establish and maintain a Risk Based Approach (RBA) to assess and manage the risks of money laundering and terrorist financing at our company

Better status determination for high-risk customers such as Policy-Enabled Persons (PEPs), creation and protection of risk-focused customer reviews, identification, verification and customer (KIC) procedures

The creation and maintenance of risk-based systems and procedures to monitor ongoing customer activity

Procedures for reporting suspicious transactions within the company and notifying the relevant legal authorities

Keeping records for the minimum specified time

Training and awareness raising for all related employees on the Counter Terrorism Financing (CFT).

Fight Against Terrorism Financing (CFT)

Our company adopts a risk-focused approach, adopts and implements the measures to combat Terrorism Financing (CFT), and makes risk assessments for the Anti-Money Laundering (AML).

iDev has established a strong Internal Counter Terrorism Financing (CFT) department and has adopted a decision that all decisions that conflict with this department's decisions are void of strategy and all other operational decisions.

International Sanctions Policy (ISS)

Our company is prohibited from doing business with persons, companies and countries that enter certain sanction lists.

Customer Identification Process Procedures (KYC)

Individuals can be identified by specifying their passport or other identity document and bill and current postal address. Companies should be defined by the Chamber of Commerce or notarized. Copies must be securely created and archived.