Anti-Money Laundering Policy
Exidia Ltd, trading as Nestful Services, is supervised by HMRC under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (registration no. [ ]). We will not act for anyone until checks are complete.
- Nominated officer: [name], who reviews concerns and reports suspicious activity to the National Crime Agency.
- Risk assessment: a written business-wide risk assessment, reviewed every year.
- Customer due diligence: before taking a fee, we verify the identity of every client, and of the beneficial owners of any company client, and confirm source of funds.
- Enhanced checks: for overseas clients, politically exposed persons, complex company structures, or unusual cash amounts.
- Ongoing monitoring: we recheck if a client's circumstances or funding change.
- Records: kept for 5 years after the relationship ends.
- Training: everyone working for us is trained on anti-money laundering when they start and every year.
- Tipping off: we will not tell anyone that a report has been made.
- Refusal: we may refuse or stop acting for anyone who will not provide documents.