Balfour+Manson fall within the regulatory regime of the Anti-Money Laundering and Counter Terrorism legislation and are fully committed to fulfilling our relevant obligations. This will involve client ID verification checks for all new clients as well as regular updates for existing clients as required by the regulations.
Where appropriate the source of funds and source of wealth utilised in transactions in which we are involved will be checked and recorded. Policies and procedures are in place to ensure compliance and all members of the firm are trained in how to comply with the legislation. Where we have concerns then we may refuse to act.
If you have any concerns or queries regarding this please contact us on 0131 200 1200.