I am trying to set up a CIC bank account and have been asked for the following:
- A copy of your AML Policies, procedures and controls.
- Evidence of FCA Regulated Status.
Can anyone shed any light on these for me, and possibly supply me with a template for the AML documents? In the meantime, I'll keep researching.
So many hurdles to jump to do something positive. :-)
Ah, it seems that this is only required by Credit Unions!. But I guess that A AML policy is something still worth having, so if anyone does have a template that they are willing to share, this would be really useful. Thanks.