We have implemented strict procedures concerning client acceptance, and ongoing monitoring, in order to combat worldwide tax evasion, money laundering and terrorist financing. We adopt a zero tolerance approach to bribery and corruption.
We keep all our relevant policies under regular review, to ensure they are up-to-date, in line with the leading industry standards and in complete conformity with local requirements. We have established procedures through which any staff member can raise concerns regarding misconduct (whether internal or client-related), in order to demonstrate our support for ethical behavior.
Our Client Acceptance Process
Compliance and due diligence traditionally have bad press, in the sense that they are often seen as a time consuming, fiddly process which takes away time from more pressing business matters. With this in mind we have designed our processes to be as “user-friendly” as possible, and we take the time to make sure that, at the outset of our business relationship, we give clear indications as to what information will be required.
Those primary requirements are based on the need to: (i) identify and verify the identity of our clients; (ii) verify the origin of the wealth of our clients and (iii) understand the nature and purpose of the business involved and the corporate structure used. Occasionally, based on our initial assessment, it will become clear that enhanced due diligence is required.
Solid compliance and proper due diligence enable us to meet our goal of establishing sustainable client relationships!
Supervision and memberships
We are supervised and licensed in the following countries:
Centrale Bank van Curaçao en St. Maarten (CBCS)
De Nederlandsche Bank (DNB)
Commission de Surveillance du Secteur Financier (CSSF)
Malta Financial Services Authority (MFSA)
Financial Intelligence Analysis Unit Malta (FIAU)
Gibraltar Financial Services Commission
Department of Justice and Equality in Ireland
We are a member of various professional organisations and Chambers of Commerce, including:
In The Netherlands we are a member of Holland Quaestor, the Dutch Association of Quality Corporate Services Providers (www.hollandquaestor.nl), the American Chamber of Commerce in the Netherlands (amcham.nl) and the Malaysian Dutch Business Council (MDBC).
In Curaçao we are a member of the Curaçao International Financial Services Association (www.cifa-curacao.com)
In Luxembourg we are a member of LuxCMA (The Luxembourg Capital Markets Association) and LPEA (The Luxembourg association promoting the Private Equity and Venture Capital industry).
In Malta we are a member of Finance Malta, a public-private intiative to promote Malta as an international financial centre (www.financemalta.org).
In Gibraltar we are a member of the Chamber of Commerce and executive members of the Gibraltar Association of Compliance Officers (GACO).