Money laundering is the practice of disguising the origins of illegally-obtained money. Ultimately, it is the process by which the proceeds of crime are made to appear legitimate. The methods by which money may be laundered are varied and can range in sophistication from simple to complex.
We acknowledge that as a non-bank financial institution the company may face the risks of having to deal with money laundering activities. We realize that we have both civic responsibilities and legal obligations to do all we can to prevent money laundering.