AML Policy

Anti-Money Laundering (AML) Policy

What is money laundering?

Money laundering is the process of disguising illegally obtained funds to make them appear as if they originate from legitimate sources. It is a criminal offense under applicable laws, including the German Criminal Code.

At D&G Nasuto GmbH traiding as Arverni Mint, preventing money laundering is a core responsibility. We are fully committed to legal compliance and to protecting our customers from fraudulent or unfair business practices.

Is Arverni Mint subject to AML regulations?

Yes. As a dealer in high-value goods such as coins and precious metals, Arverni Mint is subject to the requirements of the German Money Laundering Act (GwG).

Are employees trained in AML compliance?

Yes. All employees receive regular training on AML regulations and internal compliance procedures. They are required to adhere to strict legal obligations and maintain high standards of professional integrity.

What due diligence obligations does Arverni Mint have?

To prevent money laundering, we implement a comprehensive risk management system, including:

  • Internal compliance safeguards
  • Customer due diligence procedures
  • Transaction monitoring

We are legally required to verify customer identity and assess potential risks in all business relationships.

What does “Know Your Customer” (KYC) mean?

Know Your Customer (KYC) refers to the obligation to verify the identity and background of customers when conducting transactions.

This applies to both buyers and sellers of:

  • Coins
  • Medals
  • Precious metals

When is identification required?

Identification is required in the following cases:

  • When legal transaction thresholds are exceeded
  • When there is suspicion of money laundering, regardless of transaction value

To complete identification, we must:

  • Collect required personal data
  • Verify it using an official identification document
  • Retain records as required by law

Am I required to provide identification?

Yes. Customers are legally required to provide accurate identification data upon request. This ensures compliance with legal obligations and supports a secure trading environment.

What happens if identification is refused?

If a customer refuses to provide identification:

  • The transaction may be declined
  • A report may be submitted to the relevant authorities (e.g., Financial Intelligence Unit)

Refusal to provide identification may be treated as an indicator of suspicious activity under applicable law.

Contact

If you have any questions regarding our AML/KYC policies, please contact us:

Arverni Mint Compliance Team
🌐 arvernimint.com
📧 info@arvernimint.com