AML/KYC

Sabin Metal Corporation (SMC) is committed to the prevention of money laundering and the funding of terrorist or criminal activities.  In compliance with both domestic and international regulatory standards we maintain a formal AML policy which includes a strict set of customer identification procedures to ensure that we know who we do business with.  We provide training for employees in identifying suspicious activity indicative of money laundering and our procedures are audited annually by independent parties.

Before transacting any business with a potential customer, SMC requires the customer provide identifying information as to themselves and their beneficial owners, and will take steps to independently verify this information and cross-check against a range of sanctions and criminal watchlists.  If we are unable to ascertain a customer’s true identity, or believe a prospective customer poses a risk of money laundering or criminal activity, we will not conduct business with them.  Existing accounts and relationships are subject to continuous review for changed circumstances and suspicious activity.