Affinity Mining is committed to implementing and maintaining the highest standards of Anti Money Laundering (AML) compliance. Know Your Customer (KYC) forms an integral part of Anti Money Laundering (AML), and requires management and employees to adhere to these standards to ensure that Affinity Mining is not used to facilitate money laundering or terrorist financing.

In pursuit of our commitment to assist in the detection, prevention, and reporting of money laundering activities, Affinity Mining shall abide by the following:

  • Affinity Mining will implement a Risk Based Approach in terms of AML and KYC procedures.
  • To ensure KYC compliance, Affinity Mining shall request, and verify, adequate evidence of clients’ identity.
  • Affinity Mining shall also comply with relevant record keeping and reporting obligations.

Affinity Mining shall also ensure that all applicable laws and regulations are adhered to, and that no service shall be provided where there is reasonable grounds to believe that the transaction may be associated with money laundering or terrorist financing activities.