LEGAL FOOTER
The ownership of the website: geekerplayer.com
Company Name: Armoxion Ltd.
Address: Office A, 11 Old Ladies Court;
City: Battle;
Trade Register number in: United Kingdom
Registered Number : 12527035;
VAT : GB 345660590;
Company director: Charlie Nield
The legal person for the publication:
The Webmaster: Armoxion Ltd.
Contact the Webmaster: help@geekerplayer.com
Company contact details:
Main Institution Address: Office A, 11 Old Ladies Court;
Email address: help@geekerplayer.com
The Site Builder: Armoxion Ltd.
The Publishing Manager: Armoxion Ltd.
Contact the person responsible for the publication: help@geekerplayer.com.
GENERAL REMARKS
Armoxion Ltd. is a member locating in United Kingdom and the FATF which is obliged to execute a legal line of responsibility and rules to implement the AML policies of FATF and EU. The reason for those laws is to detect and avert money laundering including potential terrorist financing.
This document describes Armoxion Ltd. policy and precautionary measures for the detection and prevention of fraud or terrorism financing activity (hereinafter AML) within the products and services offered by Armoxion Ltd. to its customers. Used Armoxion Ltd. methods and approaches based on the Financial Action Task Force (hereinafter FATF) and Bank Secrecy Act (hereinafter BSA) guidance and recommendations.
Consequently, the terms of reference of Armoxion Ltd. to implement AML procedures and compliance by the FATF recommendations and United Kingdom AML regulations.
The policy and terms are provided for informational reasons only and are without legal recourse to Armoxion Ltd. or any of company subsidiaries, officers or agents.
RISK-BASED APPROACH IN Armoxion Ltd.
Identification of the AML risks of customers and transactions allow Armoxion Ltd. to determine and implement relational measures to control and minimize these risks. Used risk criteria are the following: countries risk, customer’s risk. Armoxion Ltd. identify clients who are held in countries having inadequate AML standards or that may represent a high risk of crime and corruption in accordance with FATF recommendations.
COMPANY PROCEDURES
In relation to FATF recommendations all procedures based on the risk-based approach. For AML compliance Armoxion Ltd. implements next procedures:
AML Employee Instructions
AML instructions are set to acquaint employees with the process of money laundering — the criminal business used to cover up the true origin and ownership of illegal bills, the laws that make it a crime and approaches to investigate the suspected activity.
Clients Activity Monitoring
Taking into account fraudulence in the financial flows Armoxion Ltd. demands on regular monitoring of the activity of every client to identify and prevent any suspicious transactions. This monitoring provides for identification inconsistent and untypical transactions usual client's transaction history known from previous client activity monitoring.
Due Diligence
Within the process of payment, each client has to provide personal information, including:
· full name;
· complete address (city and country);
· phone number;
· city code;
· email.
Accordingly, before start providing services and products Armoxion Ltd. assures evidence has proceeded or such other precautionary measures that will produce satisfactory evidence of the identity of any customer.
Record Keeping
Armoxion Ltd. saves records of all documents and/or information received for the purpose of customer identification (KYC policy requirements). Armoxion Ltd. reserves the right record keeping for a minimum of 5 years. FATF or other AML regulator can increase the period of the record keeping.
In the investigation suspected activity Armoxion Ltd. reserves the right to provide the customer information of the law-enforcement agency and organizations responsible for controls AML laws.
Last update: 01.05.2020
