Know Your Customer (KYC) &
Anti-Money Laundering (AML)
Our commitment to regulatory compliance and the highest standards of financial security.
Our Commitment to Compliance
Kolwezi Metals is dedicated to combating financial crime.
We strictly adhere to all applicable Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) laws and regulations, including international standards set by the Financial Action Task Force (FATF). Our operations comply with the legal frameworks of Kenya, Sudan, DRC, UAE, and all jurisdictions where we conduct business.
Customer Due Diligence (CDD)
Mandatory KYC verification for all clients and transactions.
Transaction Monitoring
Continuous real-time oversight and automated reporting.
Regulatory Compliance
Full adherence to local and international laws in all markets.
Source of Funds Verification
Complete documentation of funds origin and legitimacy.
Suspicious Activity Reporting (SAR)
Proactive flagging, investigation and authority notification.
Staff Training Programs
Regular mandatory AML and compliance education.
Enhanced Due Diligence (EDD)
Extra scrutiny for high-risk accounts and PPs.
Record Keeping
Comprehensive records maintained for a minimum of 7 years.
International Sanctions Screening
Cross-checking against OFAC, UN, EU and UK sanctions lists.
Our KYC Requirements
All clients are required to complete comprehensive Know Your Customer (KYC) procedures before conducting any transactions. This process is essential for verifying identity and ensuring the legitimacy of all operations.
Zero Tolerance Policy
We maintain absolute zero tolerance for money laundering, terrorist financing, and any form of financial crime. Our comprehensive compliance program includes rigorous screening processes, enhanced due diligence for high-risk transactions, continuous staff training, and full cooperation with regulatory authorities across all operating jurisdictions.
We reserve the right to refuse service to any individual or entity that fails to provide adequate documentation, appears on sanctions lists, or raises red flags during our screening process.
Certified AML Compliance Officer On Staff
Operating within all legal frameworks and international standards.
FATF Guideline Compliant
Fully Licensed + Transparent Operations
For compliance inquiries or to request our AML policy documentation, please contact our compliance team.