KYC/AML policy

contact@gammawriter.com

Introduction

The following guidelines for Know Your Customer (KYC) and Anti-Money Laundering (AML) policies have been established by ELECTIONAL LIMITED to prevent money laundering, terrorist financing, and to comply with international sanctions.

We have implemented a risk-based approach to identify, assess and mitigate the risk of money laundering and terrorist financing. All transactions are subject to automated screening, and transactions that meet certain criteria may be placed on hold for further investigation.

KYC/AML process

We reserves the right to engage a third-party service provider to conduct KYC/AML verification, if necessary. This third-party service provider will be required to adhere to this Privacy Policy to maintain the confidentiality of personal information.

In the event of a legitimate request from law enforcement authorities, we may disclose information collected during the KYC/AML process.

Suspicious activity

The following are considered high-risk transactions or suspicious activities:

• Contractors who refuse to provide the necessary information or provide documents that create uncertainty regarding their truthfulness and legitimacy;
• Contractors who do not provide required identification information or documents;
• Contractors who refuse to provide information about the source of their funds;
• Contractors who use TOR network services or frequently connect from IP addresses in different countries.

Standard due diligence measures

Our company will perform the following standard due diligence measures to the extent necessary based on the client’s risk profile:

• Identification of the Contractor and verification of the submitted information based on information obtained from a reliable and independent source;
• Checking the Contractor against any sanction lists such as the EU sanction list, UK sanction list, UN sanction list, etc.

Identification of translators

We will collect and verify the following information for each translator:

• First and last name;
• Date of birth;
• Residence address.

The contractor must provide the following documents:

• Proof of identity (passport, driver’s license);
• Residential address proof (telephone bill, bank account statement, letter from any recognized public authority, utility bill, letter from employer).