Rodnia is required under the Money Laundering Regulations 2017 to put in
place appropriate systems and controls to forestall money laundering
and terrorist financing. This policy contains the procedures that we
have developed in order to comply with these obligations.
Money Laundering Regulations require that an organisation has a
Nominated Officer to ensure that there is up-to-date knowledge of
issues relating to Anti-Money Laundering and Counter-Terrorist
Financing throughout the organisation, implement appropriate policies
and procedures and receive reports of suspicious activity. The
Nominated Officer (Money Laundering Reporting Officer) for sRodnia
is Octav Funar.
is money laundering and terrorist financing?
laundering is the process through which proceeds of crime and their
true origin and ownership are changed so that the proceeds appear
legitimate. Terrorist financing is providing or collecting funds,
from legitimate or illegitimate sources, to be used to carry out an
act of terrorism.
Why is anti-money laundering and counter-terrorist financing important to
facilitate significant transactions and are gatekeepers to the legal
system. The anti-money laundering (AML) and counter-terrorist
financing (CTF) regime is designed to prevent our services being used
by criminals. You have obligations under the AML/CTF regime to spot
and report money laundering and terrorist financing. Failure to meet
these obligations can lead to criminal penalties, substantial fines
and untold damage to your own and Rodnia's reputation.
Become the bone of your sword and strike the enemies and make your way to the top !