Evergreen Financial Group Global Approach to Anti-Money Laundering.
Evergreen Finance has an enterprise-wide compliance program to deter, detect and report suspected money laundering and terrorist financing activities. The program applies appropriate risk-based scrutiny and monitoring measures to clients, particularly those whose business activities are known to be susceptible to criminal activity or who have been designated as high-risk for money laundering or terrorist activity financing.
Our Global Anti-Money Laundering Compliance Group is dedicated to the continuous development and maintenance of robust policies, guidelines, training and risk-assessment tools and models, consistent with national requirements and international best practices, to help our employees deal with ever-evolving money laundering and terrorism financing risks. To enhance our anti-money laundering and terrorist activity financing detection capabilities, the company has implemented a combination of automated systems and analytical processes to detect, track and assess transactions for suspicious activities as well as to identify transactions that meet prescribed thresholds for reporting to regulators.
As part of Evergreen’s enterprise-wide compliance program, in addition to Anti-Money Laundering and Anti-Terrorist Financing, Evergreen Finance has also implemented policies in respect of Client Due Diligence and Economic Sanctions that establish minimum enterprise standards. These policies are designed to guide Evergreen Finance various businesses in developing their own policies, guidelines and processes, to be consistent with Evergreen Finance Group policies and standards, as well as to ensure compliance with London’s laws and regulations and with various other such laws and regulations to which Evergreen Finance operations are subject in other jurisdictions in which they operate. While London laws are designed to be consistent with FATF Recommendations and other international standards, units operating in jurisdictions outside of London must also ensure local requirements are reflected in local policies and procedures in addition to the enterprise requirements. Where local laws set higher standards than those contained in the global policies, units must comply with the higher local standards.