KYC / AML Policy

1. Purpose and Scope

CYBER TEC ASSISTANTS LTD (Company Number: 17084590) is committed to preventing money laundering, terrorist financing, and other financial crimes. This policy outlines our Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures in compliance with UK Money Laundering Regulations 2017.

This policy applies to all business relationships, transactions, and employees. We maintain a customer-friendly approach while ensuring robust compliance with regulatory requirements.

2. Customer Due Diligence

We conduct customer due diligence by:

• Verifying customer identity using reliable documentation
• Understanding the nature of customer business activities
• Assessing the purpose and intended nature of business relationships
• Conducting ongoing monitoring of business relationships

3. Risk Assessment

We assess money laundering and terrorist financing risks based on:

• Customer type and business model
• Geographic location
• Transaction patterns and volumes
• Service complexity

4. Enhanced Due Diligence

For higher-risk customers, we apply enhanced due diligence measures, including additional verification and ongoing monitoring.

5. Record Keeping

We maintain records of customer identification and transaction information for at least 5 years as required by UK regulations.

6. Reporting

We report suspicious activities to the National Crime Agency (NCA) as required by UK law.

7. Training

Our team receives regular training on AML requirements and procedures to ensure compliance.

8. Contact

For KYC/AML inquiries:
CYBER TEC ASSISTANTS LTD
71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ