1. To know the customer’s identity and activities.
2. To obtain enough and duly proved information of the client that may allow us to know his activity.
3. To facilitate the selection of our clientele.
4. To become aware and prevent about suspicious operations of money laundering and terrorism financing, product of the crimes typified in the Penal Code and the typologies mentioned in the Decree 12-2005E.
5. To allow that the bank comply with the provisions that emanate from the laws and regulations in effect in the Republic of Panama, related with the prevention of money laundering and other international regulations.
6. To promote the compliance with legal regulations and of banking sound practices.
7. To prevent that the services of the bank be unduly used.
8. To protect the reputation of the bank, its clients, its whole personnel and its shareholders.
9. That all personnel of Multibank, Inc. may count with a permanent consultation tool that may guide him regarding money laundering prevention matters.
10. To make the whole personnel sensitive to comply with the controls, to prevent these crimes and to report unusual transactions, since it is the responsibility of everyone.
