In compliance with the requirements of the Bank Secrecy Act and the USA Patriot Act,
- EML is registered with FinCEN,
- Maintains an active AML/BSA compliance program,
- Implements and enforces strict employee, client, and foreign counterparty acceptance and monitoring
protocols.
- EML performs OFAC and other internationally recognized data files screening, on every
client, and counterparty, its beneficial shareholders owning or controlling more than 10%
inequity, its board of directors, and key management. EML utilizes the screening services
of Lexis/Nexis-Bridger Insight.
- EML employs a full time AML Compliance Officer, has written a Manual of AML Policies
and Procedures, conducts an Ongoing Training Program, and commissions an Independent AML Exam every year.
- EML does not deal with the general public, advertise, have individual clients, receive or
disburse cash, deal with check cashing, or remittance companies.
