What is an Anti-Money Laundering check?
Money laundering is the process by which money may be disguised, concealed, converted or transferred illegally by criminal activity and is critical to the success of criminal organisations and activity.
As an investment firm authorised and regulated by the Financial Conduct Authority (FCA), Tifosy is required to put in place checks to prevent financial crime including Money Laundering and Terrorist Financing. To do so, Tifosy completes a risk assessment of each investor and investment, which includes effective Anti-Money Laundering checks. Further to these checks you may be required to provide additional information on your identity or source of funds.
Any additional information will be requested at the time of investing, including those in respect of corporate entities wishing to invest.