Anti Money Laundering Policy

As a UK registered organisation, we must comply with relevant Anti Money Laundering regulation, including the Proceeds of Crime Act 2002 abnd Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. We take measures to ensure both our business and interests of UK law are protected.

We will carry out Customer Due Diligence (CDD) to verify the identity. and address of customers, and where appropriate, the source of funds
We must register all cash transactions over ten thousand Euros with HMRC
We may maintain detailed records of transactions and identification documents for at least five years
We may undertake Suspicious. Activity Reporting (SAR), including to HMRC and the National Crime Agency
Transactions will be risk assessed, and we reserve the right to refuse to transact with a customer
Staff shall receive education and awareness around money laundering
We may manage and mitigate risk through additional methods:

- It is our sole discretion to accept cash payments up to any value, and cash payments above ten thousand Euros will not be accepted under any circumstances

- Where possible, customers will be requested to pay by bank transfer

- We shall establish the identity of customers

- Where payments are made to the customer, they shall be made only to the original payment method and account

- Vehicles will only be released to the named individual on the invoice or finance agreement

- In the even of a cancellation of sale, where possible, part exchanged goods or vehicles shall be returned as part of the cancellation procedure. No equivalent monetary value shall be applied

- As a general principle, we will not permit transfer of asset value

- We reserve the right to report suspicious activity to the relevant authority

- We reserve the right to refuse to serve a customer deemed. to be suspicious