KYC, AML & Sanctions Policy
BuildCore Global Supply™ maintains Know Your Customer (KYC), Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and international sanctions compliance procedures consistent with global best practice. Compliance with this policy is a condition of engagement.
1. Client Identification
All prospective and active clients must provide certified corporate documentation, evidence of beneficial ownership (≥10%), identification of directors and authorized signatories, registered address verification, and tax identification numbers.
2. Source of Funds
Clients must disclose and, where requested, evidence the source of funds for any transaction, including bank references, audited financials, financing letters, or government appropriation documentation.
3. Sanctions & PEP Screening
Clients, beneficial owners, suppliers, and counterparties are screened against OFAC, UN, EU, UK HMT, and other recognized sanctions and politically-exposed-person (PEP) lists. The Firm will not engage with sanctioned parties or jurisdictions.
4. Ongoing Monitoring
Engagements are subject to periodic re-screening and enhanced due diligence where risk factors warrant.
5. Suspicious Activity Reporting
The Firm reserves the right to file Suspicious Activity Reports (SARs) and to disclose information to regulators, law enforcement, and financial intelligence units as required by law, without notice to the client where prohibited by law.
6. Right to Refuse or Terminate
The Firm reserves the absolute right to decline, suspend, or terminate any engagement based on KYC, AML, sanctions, or reputational concerns, without liability and without obligation to provide reasons.
7. Record-Keeping
KYC and transaction records are retained for the minimum period required by applicable law, and for the duration of any ongoing legal obligation.
8. Cooperation
Failure to provide requested KYC/AML documentation, or provision of false or misleading information, is grounds for immediate termination and forfeiture of all fees paid.
Last updated August 2026. For questions, contact info@buildcoreglobal.com. This document is provided for information only and does not constitute legal advice. In the event of conflict with a signed engagement agreement, that agreement controls.