02/10/2015
M & M Mining’s Anti-Money Laundering and Financial Terrorism Policy Statement
M & M Mining N.V. and its employees are prohibited from engaging in or facilitating in, in any manner, money laundering or other suspicious activity. M & M Mining N.V. and its employees are also required to exercise a level of care and diligence when dealing with clients and customers to avoid being willfully blind to money laundering or other suspicious activity.
Consistent with this, M & M Mining N.V. and its employees must adhere to the following Anti-Money Laundering principles:
• M & M Mining will conduct business only with clients and beneficial companies whose identity and source of income have been established, as appropriate, in accordance with local laws and regulations.
• M & M Mining will report unusual suspicious activity in accordance with local laws and regulations.
In Accordance with these principles and M & M Mining’s obligations, M & M Mining will not:
• Sell or Accept Gold bars that are known or suspected to be the proceeds of criminal activity;
• Conduct business relationships, directly or indirectly, with terrorists, criminals, or their financiers.
Consistent with the company’s commitment to conduct business with clients only involved in legitimate activities and whose funds/assets are derived from legal sources, M & M Mining will:
• Identify and verify the identity of new clients and keep record of them
• Establish the identity of beneficial owners, and keep records of them
• Obtain a certification to ensure that it does not open a private banking account
• Visit a client’s place of business
At a minimum, the following information must be obtained by M & M Mining N.V.:
• Name
• Date of birth, for an individual
• Address, which should be:
For an individual, a residential or business street address
For a person other than an individual (corporation, partnership or trust) a principle place of business or local office
• An Identification number, which should be:
For a Local person, an Identification card number
For a non local person, a passport number and country of issuance, an Alien identification card number, or the number and country of issuance of any other government-issued identification number
