AML Rules, Compliance And Fairness

AML rules

Money laundering is a process in which illegally-sourced money (e.g. from drug and arms trafficking, fraud or other serious criminal offences) is given the appearance of legitimate and legally generated funds. Money launderers usually try to hide or disguise the true source of the funds using complex corporate and fake business transactions.

The Swiss government, in common with most other constitutional countries, has adopted strict legislation to prevent money laundering and to combat the financing of terrorism. All transactions conducted with our company are subject to this legislation, known as the AML rules, and these represent our obligations, principles and guidelines in this regard.

Compliance

As an international payment service provider (PSP), SWISSgate is active in many different countries in the world, some of which may have very different ethical values, political and legal systems. We accept full responsibility for our products, businesses and actions. For this reason, and also with our necessary and absolutely legitimate self-interest in mind, compliance plays a very important primary role for us. We see this not only in terms of conformity with national and international legal regulations, but also as a need for strict compliance with our internal ethical and behavioural principles, which are an integral part of our corporate structure and culture. We are also convinced that sustainable, effective and commercial success can only be ensured if mutual business activities are based on legitimate, honest and creditable behaviour.

Preventive measures and compliance at all levels of our organisation ensure that we conform on a day-to-day basis with all regulatory requirements in full. In addition, by providing such guidelines, we increase the awareness of our personnel of the necessity to avoid from the beginning, any risks that could be associated with any form of misconduct. We pay particular attention to statutory provisions and, to ensure adherence to our own high internal standards, consistently respond to any violation of those provisions.

Fairness

Mutual respect is the basis for long-term cooperation in an environment with corporate responsibility and a commitment to our customers and partners characterised by trust: in the end, this will result in a significant add-on value.

We are straightforward and reliable, and are guided by what is right for our customers and partners, even if it seems or is uncomfortable for us. Therefore we act sincerely, honestly and with fairness in all aspects and areas of our business activities. We expect not only our personnel to share this attitude, but also our customers, suppliers, partners and banks.

Are you interested in our products and services or would you like more information? Then get in touch with us and we will be happy to help you. Together we can identify and implement the ideal solution for your requirements.

SWISSgate Technologies AG
Lintheschergasse 10
CH-8001 Zurich | Switzerland

 +41 43 500 05 80

 +41 43 500 17 26

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