AML

1 KYC

From the first meeting with a new prospect to the execution of a transaction with an approved counterparty, we lead our customers through thorough checks and a comprehensive information gathering exercise to ensure the soundness and probity of all future business. 

We also refresh our KYC information on a regular basis to comply with our regulatory obligations and annual audit. Our on-boarding, compliance and front office teams all work together on a constant basis to protect our business ethos and reputation and make sure we continuously promote the highest ethical standards in the precious metals industry. 

3 Annual Audit

MKS PAMP SA is regulated by the Swiss Precious Metal Control Office for its compliance with the Swiss Anti Money Laundering Act.

The Swiss Precious Metals Control Office enforces the Precious Metals Control Act (PMCA), which regulates the trade of raw materials, melting materials and melting products, as well as goods such as watches and jewelry from precious metals. Precious metals include gold, silver, platinum and palladium. The Swiss Precious Metal Control Office is accredited as “Testing laboratory for determination of gold, silver, platinum and palladium in pure precious metals and precious metals allows “in accordance with ISO/IEC 17025.” The Swiss Precious Metals Controls Office is part of the Federal Office for Customs and Border Security.

The Swiss Precious Metal Control Office performs annually an audit to verify our compliance with the Swiss AML Act.

The Company has set an unambiguous policy against corruption (Anti-Bribery and Corruption Policy). All Group companies comply with all applicable local and international laws. In particular, MKS PAMP SA fully complies with Swiss laws that prohibit corruption both in Switzerland and abroad.