Anti-Money Laundering

Anti-Money Laundering Statement

At Berkshire County & Co LTD, we are fully committed to complying with all UK Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations. Our policies are designed to identify, assess, and mitigate the risks of financial crime within our business operations and to ensure we maintain high standards of integrity and transparency in all client interactions.

Our Commitment to Compliance

We adhere to the requirements set out in:

• The Money Laundering, Terrorist Financing, and Transfer of Funds (Information on the Payer) Regulations 2017
• The Proceeds of Crime Act 2002
• The Terrorism Act 2000

Our Approach

Our AML procedures are embedded across our operations and include:

• Client Identification and Verification (Know Your Customer - KYC): All clients must undergo thorough verification to establish identity and assess potential risks.
• Risk-Based Assessment: Each transaction and client interaction is assessed for potential money laundering risks, allowing us to implement enhanced due diligence where necessary.
• Ongoing Monitoring: We continuously monitor transactions to identify and review unusual or suspicious activity.
• Employee Training and Awareness: Our staff receive regular training on AML obligations and the latest regulatory updates.

By maintaining stringent AML procedures, we strive to protect our clients, business, and community from the threats posed by financial crime.