Acquire Investment: Know Your Customer (KYC)
Policy
Acquire
Investment is dedicated to upholding the highest standards of integrity,
transparency, and compliance with all applicable laws and regulations. In our
commitment to mitigating risks associated with money laundering, terrorist
financing, fraud, and other illicit activities, we have implemented a
comprehensive Know Your Customer (KYC) policy. This policy outlines the
procedures we follow to identify, verify, and monitor our clients and investors.
The scope of our KYC policy encompasses all
existing and potential clients and investors of Acquire Investment, including
but not limited to companies, pension funds, endowments, insurance companies,
private banks, nonprofits, and individuals. Additionally, it extends to the
management of publicly issued fund shares, such as open-end funds and
closed-end funds.
Prior to establishing any business
relationship or accepting investments, Acquire Investment undertakes thorough
client identification and verification procedures. This process involves
collecting and validating information such as the client’s legal name, address,
date of birth (for individuals), registration number (for companies), and other
pertinent details. To verify the identity and address of the client or
investor, Acquire Investment obtains official identification documents (e.g.,
passport, national ID card, driver’s license) along with supporting documents
(e.g., utility bills, bank statements). Enhanced due diligence measures are
applied as required by applicable laws and regulations for clients or investors
who are politically exposed persons (PEPs), located in high-risk jurisdictions,
or involved in higher-risk activities.
Acquire Investment also requests information
on the source of funds and wealth from clients and investors to ensure
compliance with anti-money laundering (AML) and counter-terrorism financing
(CTF) regulations. Clients and investors are required to provide documentation
or evidence to substantiate the legitimacy of the funds being invested.
We conduct ongoing monitoring of our clients
and investors to identify and prevent any suspicious activities or changes in
risk profile. Regular reviews of client information, including updates on any
modifications to personal or corporate details, are performed at appropriate
intervals. Any unusual or suspicious transactions or activities are reported to
the relevant authorities in accordance with applicable laws and regulations.
At Acquire Investment, we handle all client
and investor information with strict confidentiality and in compliance with
applicable data protection laws. Personal and sensitive data collected during
the KYC process is securely stored and protected from unauthorized access or
disclosure. Client information is only shared with third parties when required
by law or with the explicit consent of the client.
To ensure a comprehensive understanding of
KYC procedures and their obligations under this policy, we provide regular
training and awareness programs to our employees. Our staff is trained to
identify and report any suspicious activities or red flags that may indicate
potential money laundering, terrorist financing, or other illicit activities.
We maintain records of all KYC procedures,
including identification and verification documents, for the prescribed period
as mandated by applicable laws and regulations. Internal audits are conducted
periodically to assess the effectiveness and compliance of our KYC policy.
By adhering to our KYC policy, Acquire Investment
aims to safeguard against financial crimes and maintain a secure and
trustworthy environment for our clients and investors.
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