FCPA & AML Compliance
Zero Tolerance for Financial Irregularities
Foreign Corrupt Practices Act (FCPA)
We maintain strict compliance with the FCPA, which prohibits U.S. companies and their agents from making corrupt payments to foreign officials for business purposes. Our operations are designed with multiple safeguards to prevent any violations, aligning with the OECD Anti-Bribery Convention.
- •Due Diligence: Comprehensive background checks on all international partners, suppliers, and third-party agents to ensure no history of corruption.
- •Transparent Accounting: Maintenance of accurate books and records that fairly reflect all transactions and dispositions of assets, preventing 'off-the-books' accounts.
- •Training & Certification: Regular compliance training for all personnel and certification of compliance from key partners.
Anti-Money Laundering (AML)
We employ a multi-layered approach to prevent money laundering, aligned with the Bank Secrecy Act (BSA) and FinCEN regulations. Every transaction is scrutinized for suspicious activity.
- •KYC (Know Your Customer): Thorough identity verification and risk assessment for all clients and partners, including ultimate beneficial ownership (UBO) analysis.
- •Transaction Monitoring: Real-time analysis of payment flows to detect unusual patterns, structuring, or other red flags.
- •Suspicious Activity Reporting (SAR): Immediate escalation and reporting of any suspicious transactions to relevant authorities as required by law.