AML- Why we ask questions

Anti – Money Laundering Act – Why we ask questions

To prevent the exploitation of financial institution for money laundering and financing terrorism, regulations have been introduced almost worldwide. The Swedish law, which is based upon the Fourth EU Money Laundering Directive, places high demands on businesses within the financial sector having good knowledge of their costumers and their affairs. This means that FCG Fund Management needs to ask questions in order to achieve knowledge of our costumers (KYC).
For more information, click here