Joint-Stock Company Commercial Bank «Solidarnost» («the Bank») implements measures aimed at anti-money laundering, counter-terrorist financing and counter-proliferation financing in accordance with requirements of Federal Law of 07.08.2001 № 115-FZ «On Countering the Legalization (Money Laundering) of Illegal earnings and the Financing of Terrorism».
The Bank has developed, approved and put into effect the Internal Control Rules of Joint-Stock Company Commercial Bank «Solidarnost» for the purpose of combating the legalization (laundering) of proceeds from crime and the financing of terrorism.
Identification of clients, their representatives, beneficiaries, beneficial owners is carried out, and an assessment of the degree (level) of risk of the client committing suspicious transactions is carried out.
Training and knowledge testing of Bank employees is carried out on issues in the area of combating the legalization (laundering) of proceeds from crime and the financing of terrorism.
As part of risk management, measures are being implemented to prevent the Bank from being involved in suspicious transactions by clients.
The Bank has appointed an employee responsible for compliance with the Internal Control Rules of Joint-Stock Company Commercial Bank «Solidarnost» for the purpose of combating the legalization (laundering) of proceeds from crime and the financing of terrorism and the implementation of programs for their implementation.
The Bank does not establish or maintain relations with non-resident banks that do not have permanent management bodies in the territories of the states in which they are registered.
The Bank does not have accounts in banks registered in countries (territories) that could be known from international sources to not comply with generally accepted standards for combating the legalization (laundering) of proceeds from crime and the financing of terrorism.
