AML Policy

Last Updated January 18, 2025

At Aidi Ventures LLC, we are committed to upholding the highest standards of integrity and compliance in our operations worldwide. As part of our dedication to ethical practices, we have implemented this Anti-Money Laundering (AML) policy to prevent, detect, and report money laundering and terrorist financing activities.

This policy aligns with applicable laws and regulations, including local and international AML standards.

Scope

This policy applies to all Aidi Ventures LLC employees, contractors, agents, and affiliated entities globally. It is designed to ensure compliance across all business activities, including interactions with customers, suppliers, and partners.

What is Money Laundering?

Money laundering is the act of disguising the origins of illicit funds to make them appear legitimate. It involves three key stages:

  1. Placement: Introducing illegal funds into the financial system.
  2. Layering: Concealing the origin through complex transactions.
  3. Integration: Returning the funds to the economy as legitimate assets.

Key AML Measures

  1. Customer Due Diligence (CDD): Verify the identity of all customers and business partners before establishing a relationship. Conduct enhanced due diligence (EDD) for high-risk individuals, such as politically exposed persons (PEPs).

  2. Transaction Monitoring: Monitor transactions for suspicious patterns, including unusually large sums or activity inconsistent with customer profiles.

  3. Reporting Suspicious Activity: Report suspicious transactions to the relevant local and international financial crimes enforcement authorities.

  4. Record-Keeping: Maintain records of all customer interactions, transactions, and reports for at least five years.

Training and Awareness

Aidi Ventures LLC provides mandatory AML training to all employees. This training ensures:

  • Awareness of money laundering risks.
  • Identification of suspicious activities.
  • Understanding of reporting requirements.

Non-Compliance

Non-compliance with this policy may result in disciplinary action, termination of employment, or reporting to regulatory authorities.

Whistleblower Protection

We encourage employees and stakeholders to report potential violations of this policy. Whistleblowers are protected from retaliation and may report anonymously through secure channels.

Policy Review

This AML policy is reviewed annually and updated as necessary to comply with evolving laws and industry standards. For more information or to report a concern, please contact us at company (at) aidiventures (dot) com