AML Policy

Overview

Rintral Trading S.L.U. is committed to preventing and mitigating the risks associated with money laundering, terrorist financing and proliferation activities in accordance with the applicable laws and regulations. The Anti-Money Laundering and Counter Terrorism Financing (AML-CTF) Policy outlines our commitment to combating illicit activities and ensuring compliance with Spanish, European and other international laws and standards.

Policy Statement

Rintral Trading S.L.U. actively prohibits the use of its services for any illicit purposes, including money laundering, terrorist financing, or any activity that facilitates financial crimes of any kind. We are dedicated to maintaining the highest standards of integrity, transparency, and legal compliance in all our operations.

Compliance with Spanish Law

We strictly adhere to the anti-money laundering regulations outlined by Spanish law, including but not limited to: a. Ley 10/2010, de 28 de abril, de Prevención del Blanqueo de Capitales y de la Financiación del Terrorismo (Law 10/2010, 28th April, on Prevention of Money Laundering and Terrorism Financing) b. Real Decreto 304/2014, de 5 de mayo, por el que se aprueba el Reglamento de la Ley 10/2010 (Royal Decree 304/2014, May 5th, approving the Regulation of Law 10/2010).

Furthermore, all our policies and processes fully comply with the requirements of European Directives and other international bodies, such as the FATF.

We stay updated on any amendments or changes to these laws and promptly adjust our AML-CTF policies and procedures accordingly.

Customer Due Diligence (CDD)

We have implemented robust customer due diligence procedures to verify the identity of our customers and assess the potential risks associated with their transactions. This includes obtaining and verifying relevant identification documents, conducting enhanced due diligence for high-risk customers, and maintaining up-to-date customer records.

Suspicious Activity Monitoring

In Compliance with regulations, Rintral Trading S.L.U. employs sophisticated systems and monitoring tools to detect and prevent suspicious activities. We continuously monitor customer transactions, account activities, and other relevant data for any indications of potential money laundering, terrorist financing or financial crime patterns. Any suspicious activity or red flags identified during this process will be reported to the appropriate authorities as required by law.

Reporting Obligations

As mandated by Spanish law, Rintral Trading S.L.U. will promptly report any suspicious transactions or activities to the relevant authorities in each case, such as the Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offenses (SEPBLAC), the CNMV or the Treasury. We fully cooperate with the authorities and law enforcement agencies in their investigations and provide them with all necessary information and support.

Staff Training and Awareness

We understand the critical role that our employees play in maintaining an effective AML-CTF program. Therefore, Rintral Trading S.L. U. provides comprehensive anual training to all staff members to ensure they understand their responsibilities, are aware of the latest AML-CTF regulations, and can identify and report suspicious activities effectively.

Record Keeping

We maintain accurate and comprehensive records of customer transactions, identification documents, and other relevant data in compliance with Spanish and European law. These records are securely stored and retained for the prescribed periods as required by law.

Ongoing AML Program Evaluation

Rintral Trading S.L.U. regularly evaluates and updates its AML-CTF and other internal policies, procedures, and systems to ensure they remain effective and compliant with the evolving AML-CTF regulatory landscape in Spain and Europe. We engage in internal audits, risk assessments, and reviews to identify any areas for improvement and implement necessary measures promptly.

Reporting Non-Compliance

Any employees or individuals who become aware of potential AML-CTF violations or breaches of this policy are encouraged to report such incidents through our designated channels, as our whistleblowing channel, accesible via our homepage. Rintral Trading S.L.U. maintains a strict non-retaliation policy to protect those who report in good faith.

Cooperation with Regulatory Authorities

We maintain an open and cooperative relationship with regulatory authorities and provide them with full assistance, information, and cooperation as required by law.

This AML-CTF Policy and other internal related policies are communicated to all Rintral Trading S.L.U. employees and stakeholders to ensure awareness and compliance. Regular training and updates are conducted to ensure understanding and adherence to the policies.

Should you have any questions, concerns, or require further information regarding our AML-CTF Policy or other internal policies, please contact our dedicated support team. We are committed to maintaining the highest standards of compliance and preventing the misuse of our services for illicit activities.