Anti Money Laundering Policy
Deutsche Reserve Kb is committed to the highest standards of anti money laundering (AML) compliance and requires management and employees to adhere to these standards to prevent use of our products and services for money laundering purposes.
Deutsche Reserve Kb will examine its Anti Money Laundering strategies, goals and objectives on an ongoing basis and maintains an effective Anti Money Laundering program for the business that reflects the best practices for a diversified, global financial services provider.
Adherence to the Deutsche Reserve Kb Anti-Money Laundering Program is the responsibility of all employees. The program is formulated and directed by the Global Head of Anti Money Laundering. The program includes client screening and monitoring requirements, “know your customer” policies (including the requirement to establish the identity of beneficial owners), Embargo policies, record keeping requirements, the reporting of suspicious circumstances in accordance with relevant laws, and AML training.
The standards set out in this Policy are minimum requirements based on applicable legal and regulatory requirements and apply for the entire Deutsche Reserve Kb.
These requirements are intended to prevent Deutsche Reserve Kb, our employees and clients from being misused for money laundering, terrorist financing or other financial crime. This Policy establishes the general framework for the fight against money laundering and financing of terrorism.