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AML & KYC Policy

CGPEY International Pvt. Ltd. is committed to maintaining the highest standards of Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance. This policy explains how we verify customers, monitor transactions, and report suspicious activity.

Compliance Framework ENFORCED
Regulatory alignment RBI / PMLA
KYC framework CKYCR Compatible
Transaction monitoring Real-time
Sanctions screening Global lists
Records retention 5+ years
Core Principles

Our AML & KYC Commitments

We follow a risk-based approach to prevent money laundering, terrorist financing, and financial crime across every product we offer.

Customer Identification

Every customer is verified using government-authorised identity documents before onboarding, as per applicable KYC norms.

Risk-Based Approach

Customers and transactions are categorised by risk. High-risk profiles are subject to enhanced due diligence.

Continuous Monitoring

All transactions are monitored in real time for unusual patterns, structuring, or suspicious activity.

Record Keeping

KYC records and transaction data are retained securely for the statutory period, as required by regulators.

Suspicious Activity Reporting

We report suspicious transactions to the relevant authorities as mandated by anti-money laundering regulations.

Governance & Training

Our team undergoes regular training on AML, KYC, and sanctions compliance, with oversight from our designated Principal Officer.

KYC Framework

How We Verify Our Customers

A clear, tiered KYC process designed to protect both our customers and the financial system while keeping onboarding smooth.

Identity Verification

Government-issued ID documents such as Aadhaar, PAN, Passport, or Voter ID are verified via authorised sources.

Address Verification

Permanent and current addresses are validated using approved documents and digital address verification tools.

Business Verification

For business accounts, we verify GSTIN, Udyam, CIN, and director details through official registries.

Beneficial Ownership

We identify and verify the ultimate beneficial owners of business entities as per applicable regulations.

Sanctions & PEP Screening

Every customer is screened against global sanctions lists and Politically Exposed Person databases before onboarding.

Periodic KYC Updates

KYC data is refreshed periodically based on the customer risk category, ensuring ongoing compliance.

Policy Details

AML & KYC in Detail

1

Purpose of This Policy

This policy establishes CGPEY's commitment to preventing money laundering, terrorist financing, and other financial crimes across all products and services.

2

Regulatory Framework

Our AML and KYC practices align with the Prevention of Money Laundering Act (PMLA), RBI guidelines, and applicable rules issued by relevant financial sector regulators.

3

Customer Due Diligence

We perform Customer Due Diligence (CDD) on all customers, and Enhanced Due Diligence (EDD) for high-risk categories, PEPs, and non-face-to-face onboarding.

4

Transaction Monitoring

Transactions are monitored in real time using rule-based and AI-driven systems to detect structuring, unusual volumes, and suspicious patterns.

5

Reporting Obligations

Suspicious transactions are reported to the Financial Intelligence Unit (FIU-IND) and other competent authorities as required by law. Reporting details are strictly confidential.

6

Data Protection

All KYC data is stored securely, encrypted in transit and at rest, and accessed only by authorised personnel under strict controls.

7

Non-Compliance

CGPEY reserves the right to refuse, suspend, or terminate services in case of KYC failure, suspected money laundering, or breach of this policy.

8

Contact for Compliance Concerns

Write to our Compliance Officer at compliance@cgpey.com for any AML or KYC related enquiries.

Have a compliance question?

Reach out to our compliance team for KYC documentation, AML clarifications, or regulatory enquiries.