Esteema Financial Solutions Pty Limited. does not tolerate money laundering and we support fighting against money laundering. Esteema Financial Solutions Pty Limited. follows New Zealand Anti-Money Laundering and Countering Financing of Terrorism Act 2009. New Zealand is formal member of Financial Action Task Force (FATF). The purpose is countering money laundering and terrorist financing.

Esteema Financial Solutions Pty Limited. has appropriate policies to prevent money laundering. These policies include:

 

• To ensure that customers have valid proof of identity;
  Keep record of identity information;
  By checking their name on known or suspected terrorists list to determine the clients is not a known or suspected terrorist;
  Notifying customer the information they provide could be used to verify their identity;
  Pay close attention on client’s fund trading;

Do not accept cash, bills of exchange, the third party transactions, transfer exchange property or Western Union transfer.

Money laundering involves transforming money from illegal / criminal into money that has the appearance of coming from a legitimate source.

Money laundering is usually the following three stages:
Firstly, cash or cash equivalents is placed into the financial system;
And secondly, the money is through a series of financial transactions, transfer or transfer to other accounts (such as futures account), the purpose is to hide the source of funds (such as the implementation of a few transactions or no financial risk or transfer account balances to other accounts);
And finally, these funds are released into the financial management to capital seems to come from legitimate sources (such as closing a futures account and transfer the funds to your bank account).

Transaction accounts are used to wash the true owner of illegal funds or hidden funds. In particular, the source of transaction account can be used to perform financial transactions to help cover the funds. Esteema Financial Solutions Pty Limited. is a direct money to prevent the original remittance account.
Requirements for financial services institutions must be aware of the potential money laundering abuse of international anti money laundering, block possible in and implement a customer account a compliance program, detecting and reporting suspicious activities potentially.
These guidelines to protect Esteema Financial Solutions Pty Limited. and its customers.

Problem / comment on these guidelines, contact the Esteema Financial Solutions Pty Limited. monitor compliance@simpleforexmarket.com