Document · NE-GOV-004
Anti-money laundering & KYC
The company is subject to Danish anti-money laundering legislation and has established a formal process for customer due diligence, risk classification, and monitoring. No capital is accepted until know-your-customer documentation has been reviewed and approved.
Section 01
KYC process
- 01Identification of the investor, whether an individual or a legal entity, with supporting identity documentation.
- 02Identification of beneficial owners of legal entities.
- 03Assessment and documentation of the source of funds.
- 04Screening against sanctions lists and for politically exposed person (PEP) status.
- 05Risk classification and determination of the level of ongoing monitoring.
- 06Periodic updates to KYC documentation.
Section 02
Reporting
Suspicious activity is reported to Hvidvasksekretariatet (the Danish Financial Intelligence Unit under SØIK) in accordance with applicable law. The company uses a formal internal escalation process, and the reporting obligation is independent of commercial considerations.
Principle
Missing or insufficient documentation is not a reason to proceed. It is a reason to stop.
