GeeksforGeeks is committed to preventing money laundering and complying with all applicable anti-money laundering laws. This policy applies to all employees, contractors, suppliers, and partners.

Steps

1. We will conduct due diligence to identify and verify the identity of our customers, suppliers, and partners.
2. We may monitor financial transactions to detect and report suspicious activity.
3. We will report suspicious transactions to the relevant authorities.
4. We will comply with all applicable anti-money laundering laws and regulations.

Red Flags

We will be vigilant for potential red flags, including:

1. Unusual or Complex Transactions: Transactions that are unusual or complex, such as multiple transactions in a short period.
2. Suspicious Customer Behavior: Customers who are evasive or secretive about their identity or business activities.
3. High-Risk Countries: Transactions involving countries with high money laundering risks.
4. Cash Transactions: Large cash transactions or multiple small cash transactions.

Compliance

1. Verify the identity of customers, suppliers, and partners.
2. Monitor financial transactions for suspicious activity.
3. Report suspicious transactions to the relevant authorities.
4. Maintain accurate and complete records of transactions and customer identity verification.

Consequences of Non-Compliance

Violations of this policy may result in disciplinary action, including termination of employment or contract. GeeksforGeeks may also report suspicious activity to the relevant authorities.

Review and Revision

This policy will be reviewed and revised regularly to ensure compliance with changing regulations and laws.