The purpose of this document is to show the legal basis of our work and to clarify the extent of our responsibility. This document is valid on the website https://pic-trade.company and all products and services offered on www.pic-trade.company
Responsibilities are limited to the www site.pic-trade.company. The website is www.pic-trade.the company may also have links to external sites and co-branded pages or promote websites or services from other companies, or allow you to download software or content from other companies that you may find useful or interesting. We do not endorse any content or information, legal or non-legal (spam or not), products or services offered by them. We are not responsible for and do not control these sites, services, emails, content and software and cannot be held responsible or liable for any damage or loss of information resulting from the use of these sites or the services of external and co-branded sites.
We have no control over the information passing through the network, and therefore we exclude any liability distorting perceptions or any other information of a non-legal nature. We will not be liable for any loss or damage resulting From your visit to the site or its services, which contain a virus, or which has been intentionally corrupted.
Anti-money laundering policy ("AML") and anti-terrorist financing policy ("CFT").
Money laundering is defined as the process of creating the appearance of legal income obtained by non-legal means. Criminals choose financial services through which they try to legalize funds without the knowledge or suspicion of the company.
In response to the scale and power of money laundering, the European Union has created directives to combat money laundering and terrorism. These directives, together with the rules, laws and recommendations of the industries, form the cornerstone of AML / CFT obligations, and highlight misconduct and penalties for non-compliance.
At the moment we are not regulated and do not fall under the competence of AML/CFT obligations. Community management has implemented a system that meets the requirements of the European Union. This decision shows the community's desire to prevent money laundering and not be used by criminals to launder criminal income.
Anti-money laundering (AML) policy):
The AML policy was established to prevent money laundering in accordance with European standards against money laundering and terrorist financing, including the need for an adequate system to control and reduce the risk of being used in financial crime. The AML standards set minimum requirements that must be met and include: the Appointment of a money laundering whistleblower who has a sufficient level of authority and independence, and who is responsible for compliance with the rules, laws and recommendations of the industry:
Implementing and maintaining a judgment-based approach and assessing the risk of money laundering and terrorist financing facing the company.
Understanding and implementing "customer Due diligence", identifying and implementing Know-your-Customer (KYC) procedures, including identifying high risk individuals such as Politically Exposed Persons (PPL).
Maintenance and implementation of systems that assess risks and procedures of current client activity.
Implement procedures to report internal suspicious activity to relevant regulatory authorities.
Maintain relevant records for specific time intervals.
Training and increasing cautions among all relevant employees.