Company registration number: 13473583
Office address: 3/11 Pine Street, Farringdon, EC1R 0JH
These Guidelines for Anti-Money Laundering (AML), Combating Terrorist Financing (CFT) and Sanctions were devised by STUDENTICA LTD to ensure the prevention of its business from being used for Money Laundering or Terrorist Financing, as well as to guarantee adherence to the international sanctions.
STUDENTICA LTD has developed a modern risk scoring system for automated detection of suspicious activity during operations. Transactions are put on hold if flagged by the system, and the user must pass Anti-Money Laundering (AML) and Know Your Customer (KYC) verification.
If the legal authorities provide a legitimate official request, STUDENTICA LTD may distribute the information gathered through the AML/KYC process.
STUDENTICA LTD will never participate in any deal with an individual or group who has been accused of or actively participating in money laundering and/or utilizing funds acquired through criminal activities.
Measures shall be taken and carried out to the extent necessary, taking into account the Client’s risk profile and other circumstances when money laundering or terrorist financing is suspected.
The following data is to be collected and verified:
The Contractor must provide the following documents:
The need for effective sanctions list management, coupled with reliable sanctions screening systems, is paramount. Sanctions lists are constantly monitored and updated. The following countries are blocked by default:
Afghanistan, American Samoa, Angola, Bahamas, Botswana, Belarus, Burundi, Cambodia, Central African Republic, Chad, Congo, Cuba, Democratic Republic of Congo, Equatorial Guinea, Eritrea, Ethiopia, Ghana, Guam, Guinea Bissau, Iran, Iraq, North Korea, Lebanon, Libya, Mali, Nigeria, Pakistan, Panama, Puerto Rico, Russia, Samoa, Saudi Arabia, Sierra Leone, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Venezuela, Yemen, Zimbabwe, USA (some states).