Seasif Holding Limited pays thorough attention to prevent any activities that may be considered as money laundering or terrorist financing. The AML Manual of Seasif Holding Limited is designed to comply with the EU Legislative Acts and Regulations of the EU Parliament and the EU Council regarding the information accompanying transfers of funds relating to the Prevention and Suppression of Money Laundering Activities & Terrorist Financing, put in force by MOKAS, the Unit for Combating Money Laundering in Cyprus.
The purpose of the SEASIF PACIFIC LLC AML Manual is to set forth the policies and procedures that ensure compliance with the requirements of US laws, regulations and acts relative to anti-money laundering and counter-terrorism financing (AML/CFT). It is the SEASIF PACIFIC LLC's policy and practice to comply with these laws and regulations and if any changes occur, this manual will be revised accordingly.
This manual provides guidance for daily operations and it is a training tool for the staff members.
In assessing customers risk, the SEASIF PACIFIC LLC factors include many variables, such as services sought, source of funds, nature of the business, products and services offered, target market, and geographic location.
This Manual of Self-control and Comprehensive Risk Management of ML / FT / FPADM -SAGRILAFT, implemented by the C.I. SEASIF PACIFIC S.A.S as manifestation of its intention to collaborate with public authorities to achieve the success of national policies to combat all forms of crime. C.I. SEASIF PACIFIC SAS is aware of the risks inherent in the activities of exploitation and commercialization of precious stones and therefore embraces, within its Good Corporate Governance (BGC) practices, the highest standards for the prevention of ML / FT / FPADM in accordance with the regulations of the Superintendency of Companies and the National Mining Agency in Colombia. The company's commitment that the transactions have a high degree of security related to the origin and the destination of the metals traded.
Our Traceability Program works under the OECD Due Diligence Guidance generating a "chain of custody", document trail recording the sequence of companies and individuals which have custody of minerals as they move through a supply chain.
An example of chain of custody is the documentation generated through the application of the DRC Traceability Procedures Manual for Mining Products, From Extraction to Export.
"Traceability" refers to the physical tracking of minerals at all points of the trading chain, from the mine of origin to their point of export. Our program includes a system of "bagging and tagging".
The objective of Seasif Traceability Program is to create tailor-made solutions for strategic and complex sectors, so customers can find efficient tools to control supply chains, with a combination of technology and validation processes in the business field.
Our program implemented a robust custody and traceability system that identifies the source of metals and minerals.