ANTI-MONEY LAUNDERING POLICY
(AML Policy)
Vida Sabia - Committed to Financial Integrity
🛡️ Our Commitment to Compliance
Vida Sabia is committed to preventing money laundering and the financing of terrorism. This Anti-Money Laundering (AML) Policy is established to ensure compliance with the Bank Secrecy Act (BSA), the U.S. PATRIOT Act, and other applicable international regulations.
1PROPÓSITO
This policy is designed to:
- Prevent money laundering and terrorist financing activities
- Ensure compliance with U.S. and international AML regulations
- Establish clear procedures for identifying and reporting suspicious activities
- Protect Vida Sabia and its stakeholders from financial crimes
- Maintain the integrity of our financial systems and business operations
2ALCANCE
Who Does This Policy Apply To?
This policy applies to all individuals and entities associated with Vida Sabia, including:
- All employees and staff members
- Independent Brand Partners (IBPs)
- Contractors and consultants
- Business partners and affiliates
- Third-party service providers
3MONEY LAUNDERING DEFINITION
Money laundering involves concealing the origin of illegally obtained funds to make them appear legitimate. It generally consists of three stages:
Placement
Introduction of illicit funds into the financial system through various means such as deposits, purchases, or currency exchanges.
Layering
Conducting multiple transactions to obscure the origin of the funds, making it difficult to trace back to the illegal source.
Integration
Reintroducing the laundered funds into the economic system as apparently legitimate assets through investments or business activities.
4COMPLIANCE PROGRAM
4.1 AML Compliance Officer
Responsibilities of the AML Compliance Officer
- Implement and oversee AML policies and procedures
- Monitor transactions and report suspicious activities
- Train employees and IBPs on AML compliance
- Ensure compliance with national and international AML laws
- Conduct regular risk assessments and audits
- Maintain communication with regulatory authorities
4.2 Know Your Customer (KYC) Procedures
To prevent money laundering, Vida Sabia verifies the identity of customers, distributors (IBPs), and business partners through:
Government ID
Valid government-issued identification (passport, driver's license, or national ID card)
Proof of Address
Recent utility bill, lease agreement, or bank statement showing current address
Payment Verification
Verification of banking/payment information for high-value transactions
4.3 Transaction Monitoring
Red Flags and Warning Signs REPORT IMMEDIATELY
Vida Sabia monitors transactions to identify warning signs, including:
Large or unusual transactions not consistent with normal business activity
Multiple transactions just below reporting thresholds (structuring)
Transactions with high-risk countries or politically exposed persons (PEPs)
Unusual payment methods or rapid movement of funds without clear business purpose
Customers reluctant to provide required identification or documentation
Inconsistent business patterns or transactions that don't match the customer profile
4.4 Record Keeping
Data Retention Requirements
All customer and transaction records will be retained for at least five (5) years, including:
- Customer identification documents
- Transaction records and payment details
- Internal reviews and risk assessments
- Suspicious Activity Reports (SARs) and supporting documentation
- Customer due diligence records
- Communications related to transactions
4.5 Suspicious Activity Reporting (SAR)
Reporting Obligations
Employees and IBPs must report any suspicious transaction to the AML Compliance Officer, who will determine whether to file a Suspicious Activity Report (SAR) with regulatory authorities.
Importante: Do not inform the customer that a SAR has been filed, as this could compromise investigations.
4.6 Training and Awareness
AML Training Program
All employees and IBPs will receive comprehensive AML compliance training to identify and prevent financial crimes.
Understanding relevant laws, regulations, and compliance requirements
Recognizing red flags and warning signs of money laundering
Proper channels and processes for reporting suspicious activities
Real-world scenarios to enhance understanding and detection skills
5PROHIBITED TRANSACTIONS
Vida Sabia Strictly Prohibits:
- Accepting payments from unknown or unverified sources
- Engaging in transactions with individuals or entities on sanctions lists
- Using cryptocurrencies or anonymous payment methods for high-value transactions without proper due diligence
- Allowing third parties to use IBP accounts to conduct transactions
- Processing transactions for customers who refuse to provide required identification
- Facilitating transactions that appear designed to evade reporting requirements
- Conducting business with shell companies or entities with unclear ownership structures
6ENFORCEMENT AND SANCTIONS
Consequences of Non-Compliance SERIOUS
Failure to comply with this AML policy may result in:
Immediate termination of employment contracts or IBP agreements
Reporting of violations to legal and regulatory authorities
Civil or criminal penalties in accordance with U.S. and international AML laws
Criminal prosecution for willful violations or participation in money laundering
Immediate freezing of accounts and suspension of all transactions
7POLICY REVIEW AND UPDATES
Ongoing Commitment to Compliance
This AML policy will be reviewed annually and updated as necessary to reflect:
- Changes in AML regulations and legal requirements
- Evolving money laundering techniques and threats
- Business operations and service offerings
- Feedback from audits and compliance assessments
- Industry best practices and standards
8CONTACT INFORMATION
AML Compliance Officer
For questions or to report suspicious activities, please contact:
Email: support@vida-sabia.com
⚠️ Confidential Reporting
All reports of suspicious activity will be handled with strict confidentiality. Retaliation against individuals who report in good faith is strictly prohibited.
By collaborating with Vida Sabia, all employees, IBPs, and partners agree to comply with this Anti-Money Laundering Policy.
🌱 Zero Tolerance for Financial Crimes
Vida Sabia maintains a zero-tolerance policy for money laundering and terrorist financing. We are committed to maintaining the highest standards of financial integrity and regulatory compliance.
REPORT SUSPICIOUS ACTIVITY
If you suspect money laundering or have AML concerns:
Vida Sabia - Financial Integrity is Our Foundation