Understanding AML/KYC: Safeguarding Financial Transactions and Client Trust
Anti-Money Laundering (AML) refers to the collection of measures taken by businesses to prevent financial crime by maintaining ongoing monitoring and reporting of suspicious activities.
Know-Your-Customer (KYC) procedures are the steps businesses take to verify the identity of their clients, ensuring transparency in financial transactions.
The safety and security of clients is paramount at LondonLink. Following these regulations allows for a clear service while maintaining trust between our users and regulatory authorities.