Regulation and AML Program

Overview:

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.

To minimize and mitigate the risks, Seasif Holding Limited implemented effective internal measures and procedures as:

• 1. Establishment of the identity of its customers.
• 2. Established system and controls to manage risks involved.
• 3. Monitoring of the customer's activities.
• 4. Reporting of suspicious activities to respective authorities.
• 5. Accounts record keeping.