Lari Exchange is committed to preventing money laundering and terrorist financing. Our procedures comply with the Financial Crime Regulation of the Central Bank of the UAE. We also monitor and adhere to other major international anti-money laundering recommendations and programs such as the Financial Action Task Force (FATF), the United Nations and European Union sanctions and the Officer of Foreign Asset Control (OFAC).

We aim to maintain the highest operating standards at all times by undertaking regular reviews of our procedures and controls to ensure we are compliant with the relevant laws, regulations and standards of good practice.

In order to achieve full compliance with the Regulation the company has in place the following:

• An appointed Money Laundering Reporting Office
• Anti-money laundering policies and procedures
• Staff training program on money laundering awareness and their criminal liabilities
• Know Your Customer (KYC)
• Clear reporting lines for suspected money laundering
• Suspicious activity reporting to the authorities
• Record keeping for five years after business is concluded