Anti-Money Laundering & KYC Statement

Applique is committed to preventing money laundering, terrorist financing, and other financial crime, in line with the EU Anti-Money Laundering Directives, Swedish law, and recognised international standards including those of the Financial Action Task Force (FATF).

Before entering into a business relationship, Applique conducts customer due diligence, which may include:

• Verification of identity for clients, beneficial owners, and authorised representatives
• Understanding the nature and purpose of the business relationship
• Source of funds and source of wealth assessment where relevant
• Screening against sanctions, politically exposed persons (PEP), and adverse-media lists
• Enhanced due diligence in higher-risk situations

We monitor business relationships and transactions throughout their lifecycle to ensure they remain consistent with what we know about the client, their business, and their risk profile.

Where required by law, Applique reports suspicious activity to the competent national financial intelligence unit. Tipping off the subject of such a report is strictly prohibited.

Applique appoints individuals responsible for AML compliance, maintains internal procedures, and provides regular training to personnel. Records of due diligence and transactions are retained in accordance with applicable law.