6.11 Money Laundering

Money Laundering is a serious and criminal offence.

All Employees must be alert to any unusual or suspicious transaction or agreements and, if in any doubt, immediately report any such matter to Money Laundering Reporting Officer.

Payments must not be accepted other than from the appropriate firm or individual unless a reason (such has a premium finance firm) has been negotiated and documented. PSC never accepts payments for premium or its services in cash. PSC will only accept transfers of monies from, or cheques with accounts with, reputable and internationally known banks.

!Failure to adhere to these rules will lead to disciplinary actions or even instant dismissal. If anyone is concerned about any situation or transaction they must immediately report it to the company’s Money Laundering Reporting Officer.

*PSC’s Anti-Money Laundering Policy statement can be found in Section 9.