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Anti-money Laundering Policy :
1)Definitions:
Illegal trade is sale and distribution of illegal goods or services that are harmful, morally abusive, infringing copyright and intellectual property rights, hateful, or racially, ethnically, sexually, socially or otherwise objectionable.
Money Laundering is the attempt to conceal or disguise the nature, location, source, ownership, or control of illegally obtained money.
2)BB2CD members are obliged to:
A.Prevent direct or indirect aiding illegal trade and any other fraudulent operations through BB2CD.
B.Prevent direct or indirect aiding financial fraud; use BB2CD for legal purposes only.
C.Never use BB2CD to perform actions that do not comply, directly or indirectly, with anti-money laundering programs.
D.Help law enforcement agencies in their effort to track down and capture terrorists who illegally launder money.
3)The Operating Company is obliged to take necessary measures to prevent illegal trade, financial fraud and money laundering including:
A.Reporting of requested information regarding the processing of transactions to competent law enforcement agencies for compliance with applicable laws.
B.Further development to prevent direct or indirect use of BB2CD for actions violating anti-money laundering and anti-financial fraud laws and requirements.
4) By accepting the terms and conditions of this Agreement, the BB2CD members acknowledge that these conditions help prevent their businesses from being victimized by money launderers, financial swindlers and traders of illegal goods or services and help comply with the law.
5) You accept this Agreement by registering with BB2CD, and thereby you agree to comply with requirements and conditions of this Agreement as a member of BB2CD.
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