Anti-Money Laundering (AML) Policy – Vacoss Canada
Vacoss Limited recognises the importance of preventing money laundering, terrorist financing, fraud and other forms of financial crime. We are committed to responsible business practices, transparency and appropriate risk awareness in our business relationships and service activities.
This policy outlines Vacoss's general approach to financial crime prevention. Any specific legal or regulatory obligations depend on the nature of the activity, the relevant jurisdiction and the role Vacoss performs in a particular transaction or service.
Our Principles
- Transparency: We aim to communicate clearly about our services, processes and applicable requirements.
- Responsible Business Practices: We do not knowingly support fraudulent, unlawful or suspicious business activity.
- Risk Awareness: We recognise the importance of identifying and addressing financial crime risks where relevant to our activities.
- Legal Compliance: We seek to meet the legal and regulatory obligations applicable to our business and the services we provide.
Risk Awareness and Customer Information
Where appropriate to a service or legal requirement, Vacoss may request relevant customer, business or identity information to support verification, assess the nature of a request, or meet applicable requirements. The information requested will depend on the service involved and the circumstances.
Where identity checks, due diligence or risk assessments are required, these may be conducted by Vacoss or by an authorised third-party provider, depending on the applicable process. Any collection and handling of personal information is subject to our Privacy Policy and applicable data protection requirements.
Suspicious or Unlawful Activity
Where concerns arise about potentially fraudulent, unlawful or suspicious activity, Vacoss may seek additional information, decline a request, suspend relevant services or take other appropriate action, subject to applicable law and contractual obligations. Any reporting duties will be handled in accordance with the legal requirements that apply to the relevant activity.
Third-Party Providers
Some services introduced or supported by Vacoss may be provided by independent banks, payment institutions, company formation agents or other third parties. These providers may apply their own identity verification, customer due diligence, AML controls and risk assessment procedures. Their decisions and requirements are independent of Vacoss, and approval cannot be guaranteed.
Review and Updates
Vacoss may review and update this policy as its services, business activities or applicable legal requirements change. The latest version will be published on this page.
Contact Us
For questions about this policy, please contact ca@vacoss.co.uk.
