Anti-Money Laundering
Preventing, identifying, and discouraging fraud, concealment, and terrorist financing is madina-estatelimited.com's top priority. If any User engages in activities contrary to the present policy, madina-estatelimited.com can contact relevant enforcement agencies. We have a zero-tolerance stance regarding fraud, concealment, and terrorist financing. We strictly abide by international laws and regulations on global anti-terrorism and anti-money laundering
Purpose and basis of establishment Because money laundering activities will seriously endanger the development of madina-estatelimited.com, encourage and breed corruption, corrupt the social atmosphere, damage the legitimate rights and interests of users, destroy the stability of the asset madina-estatelimited.com platform and the basis for its operation, and increase the platform's legal and operational risks, the platform has formulated these guidelines to prevent money laundering and terrorist financing activities and fully implement the relevant provisions of anti-money laundering and counter-terrorism financing laws.
The goal of our anti-money-laundering and anti-terrorist financing measures is to stop criminals from using our platform to launder money for illegal activities like drug sales, terrorist financing, smuggling, bribery, financial fraud, sabotage, and organized crime. Investigations into the origins and characteristics of money laundering operations, as well as the imposition of appropriate sanctions by applicable laws and the company's anti-money laundering policies, are all tasks that fall within the purview of financial management.
The basic anti-money laundering principles of the madina-estatelimited.com carry out customer risk monitoring using the following principles:
1) According to the principle of comprehensiveness, we will comprehensively consider various risk factors that customers may be suspected of money laundering and adopt reasonable methods to conduct risk monitoring for all customers.
2) Based on the principle of prudence, we will improve our ability to identify customers' identities and prudently monitor customer risks based on a full understanding of customers.
3) The principle of continuity. The company will continue to pay attention to customer risks and make appropriate responses based on the actual situation.
4) By the principle of confidentiality, the customer identity information, transfer information, and risk level information held by us are strictly confidential and will not be provided to any unit or individual except under legal provisions and regulatory requirements.
5) Principles of hierarchical management. The company regularly reviews the basic customer information stored according to the customer's risk level. The review of customers with higher risk levels should be stricter than the review of customers with lower risk levels.
Notification of Questionable Conduct A user of the madina-estatelimited.com platform has the option to notify the company's management if he or she suspects that an account is involved in terrorist funding or money laundering while making a transaction.
Effective Period These Guidelines shall be effective from the date of issuance.
