1. PURPOSE AND SCOPE
This AML Policy outlines WCT CA’s procedures to detect and prevent illicit activities.
2. AML FRAMEWORK OVERVIEW
• Compliance Standards
• Risk-Based Approach
3. CUSTOMER DUE DILIGENCE (CDD)
• KYC Requirements
• Enhanced Due Diligence
• Ongoing Monitoring
4. TRANSACTION MONITORING
• Unusual transactions
• Structuring activity
5. REPORTING OBLIGATIONS
• STR reporting
• Record keeping (5 years)
6. INTERNAL GOVERNANCE
• AML Officer
• Staff training
• Internal audits
7. POLICY REVIEW
This policy is reviewed annually or upon regulatory changes.
Contact:
support@wemastertrade.com
* FINTRAC: Financial Transactions and Reports Analysis Centre of Canada.


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