At Dopelancers Limited, we are committed to preventing any activities related to money laundering and the financing of terrorism. We recognize the importance of complying with international and local regulations and are dedicated to maintaining a transparent, lawful, and ethical platform for freelancers and clients. This Anti-Money Laundering (AML) Policy outlines the steps we take to prevent money laundering activities and the financing of terrorism.
1. Purpose of the AML Policy
The primary purpose of this AML Policy is to detect, prevent, and report any suspicious activity that could involve money laundering or the financing of terrorism. We aim to comply with the relevant laws and regulations in Nigeria and adhere to best practices in the industry.
2. Compliance with Laws and Regulations
Dopelancers Limited operates in compliance with the laws and regulations governing money laundering and terrorist financing, including but not limited to the Nigerian Money Laundering (Prohibition) Act and the Financial Action Task Force (FATF) guidelines.
We will continuously monitor our operations and update this policy to ensure compliance with applicable legal and regulatory requirements.
3. Customer Due Diligence (CDD)
To ensure that we prevent money laundering activities, Dopelancers Limited will perform Customer Due Diligence (CDD) on both freelancers and clients using the platform. This includes:
- Verifying the identity of users during the registration process.
- Monitoring transactions to detect suspicious activity, such as unusually large payments or rapid changes in transaction behavior.
- Collecting and verifying relevant documents, including government-issued identification, address verification, and, where applicable, business registration documents.
If necessary, Dopelancers may request additional information to ensure the legality of transactions.
4. Risk Assessment and Monitoring
We regularly assess the risks associated with our operations to identify potential areas where money laundering or terrorist financing activities could occur. Based on this risk assessment, we implement risk-based controls to monitor transactions and flag any suspicious activities, including:
- Large, unexplained payments or transactions that do not align with a user’s usual activity.
- Payments from or to high-risk jurisdictions known for money laundering or terrorist financing.
- Transactions that involve untraceable or unusual payment methods.
We may implement enhanced due diligence measures for high-risk users or transactions.
5. Reporting Suspicious Activity
Dopelancers Limited has a strict policy of reporting suspicious activity. If we identify any suspicious transactions, we will report them to the relevant authorities as required by law, including:
- Nigerian Financial Intelligence Unit (NFIU).
- Other relevant law enforcement agencies as required by local or international regulations.
We cooperate fully with authorities in investigations related to money laundering, terrorist financing, or other illicit activities.
6. Training and Awareness
We provide regular training to our employees, agents, and contractors to ensure they are aware of the latest money laundering techniques, trends, and red flags. This training helps ensure that all team members are able to identify suspicious activities and comply with our AML policy.
7. Record Keeping
Dopelancers Limited will maintain records of all transactions, user identification documents, and any reports of suspicious activities for a minimum of five years or as required by applicable law. This ensures that we can respond to regulatory requests and provide accurate data when needed.
8. User Responsibilities
As a user of Dopelancers, you agree to:
- Provide accurate and up-to-date personal information when registering for the platform.
- Report any suspicious activity or transactions to Dopelancers.
- Comply with all applicable laws and regulations regarding the use of the platform.
Failure to adhere to these responsibilities may result in account suspension or termination.
9. Enforcement and Penalties
Any user found to be involved in money laundering, terrorist financing, or other illegal activities may face immediate suspension or termination of their account. Dopelancers reserves the right to take legal action in accordance with the law and cooperate with relevant authorities.
10. Updates to the AML Policy
Dopelancers Limited reserves the right to amend or update this Anti-Money Laundering Policy at any time. All changes will be communicated to users via email or through the platform. It is the responsibility of users to stay informed of any updates to the policy.
11. Contact Us
If you have any questions or concerns about our Anti-Money Laundering (AML) Policy, please contact us at:
Email: support@dopelancers.com
By using Dopelancers, you acknowledge that you have read, understood, and agree to comply with this Anti-Money Laundering (AML) Policy.