AML & KYC Requirements in Gold Custody

AML & KYC Requirements in Gold Custody
Client Verification

AML & KYC Requirements: Compliance at Every Stage

Golden Ark Reserve applies strict AML and KYC standards to every client and transaction. Identification, source-of-funds verification, and ongoing monitoring ensure compliance with FATF, EU AMLD, and UAE regulations.

AML/KYC Policy: Protecting Clients and Institutions

Anti-Money Laundering (AML) and Know Your Customer (KYC) policies are integral to every custody operation. At Golden Ark Reserve, we apply international standards to verify client identity, assess the source of funds, and monitor transactions on an ongoing basis. This ensures that custody services remain fully compliant with regulators, trusted by banks, and secure for clients. By protecting both financial institutions and individual investors, AML/KYC safeguards data integrity, prevents illicit activity, and builds the foundation of transparent custody relationships.

Compliance Assured

Golden Ark Reserve AML/KYC Framework
Full compliance with FATF, OECD, and local regulatory standards
Identity verification and client screening across multiple jurisdictions
Protection against global sanctions, embargoes, and PEP risks
Encrypted storage of sensitive client data with institutional-grade security
Ongoing monitoring of transactions to ensure transparency and trust

Client Identification

Verification of personal and corporate documents ensures that all clients are properly identified before custody services begin.

Source of Funds Verification

Proof of funds and transaction history are reviewed to confirm the legitimacy and regulatory alignment of every allocation.

Transaction Monitoring

All settlements are continuously screened against AML databases and sanctions lists to detect unusual or restricted activity.

Risk Assessment

Each client is assigned a risk profile, with enhanced due diligence applied to higher-risk categories.

Reporting Obligations

Suspicious transactions are flagged and reported in line with FATF guidelines and international AML standards.

International Standards Alignment

Policies are designed under FATF, EU AML directives, and UAE regulatory requirements, ensuring global recognition.

Step-by-Step AML/KYC Compliance Process

A structured AML/KYC process secures gold custody by verifying client identity, assessing the legitimacy of funds, and monitoring transactions in line with international regulations.

Onboarding
Collection of client documents, including passports, corporate registrations, and proof of address.
Verification
Validation of identity, background checks, and confirmation of the source of funds before settlement.
Monitoring
Continuous transaction screening against sanctions lists, AML databases, and politically exposed person (PEP) registries.
Reporting
Suspicious activity is reported to regulators in line with FATF and local AML requirements, ensuring transparency.

AML/KYC Policy in Gold Custody

Why AML/KYC Matters in Custody

Anti-Money Laundering (AML) and Know Your Customer (KYC) frameworks are not optional in gold custody — they are the foundation of every transaction. Without them, clients risk exposure to regulatory penalties, reputational damage, and even blocked settlements by banks. For institutions, AML/KYC ensures that custody operations remain fully transparent, compliant, and recognized across jurisdictions. For private clients, these policies guarantee that personal data and financial records are treated with strict confidentiality and regulatory care.

Core Elements of AML/KYC Compliance

Client Identification and Verification
All clients are verified with official identification and corporate records. This process ensures that only legitimate entities enter custody agreements.

Source of Funds and Wealth Checks
Funds used for gold custody are reviewed through bank statements, audited financials, or transaction histories. This step eliminates risks associated with illicit capital or hidden ownership.

Transaction Screening and Monitoring
All settlements via SWIFT, SEPA, or approved digital assets are continuously screened against sanctions lists, PEP registries, and global AML databases. Automated screening tools detect irregular activity and prevent unauthorized transfers.

Risk Profiling and Enhanced Due Diligence
Each client is assigned a risk profile. High-risk categories — including politically exposed persons or clients operating in sensitive jurisdictions — undergo enhanced due diligence with stricter verification and monitoring.

Reporting and Regulatory Cooperation
Suspicious activity is flagged and reported to regulators in line with FATF recommendations, EU directives, and UAE requirements. This ensures that Golden Ark Reserve remains a trusted counterpart for banks and financial institutions worldwide.

Institutional Confidence Through Compliance

AML/KYC compliance is not just about legal obligations — it is about protecting the integrity of custody services. For family offices, funds, and corporate treasuries, strict compliance ensures uninterrupted banking relationships, transparent audits, and recognition by regulators. For private clients, it guarantees that personal data is stored securely, encrypted, and accessed only by authorized compliance officers.

Conclusion

Golden Ark Reserve integrates AML and KYC at every stage of custody — from onboarding to reporting. By combining international standards with advanced screening technologies, AML/KYC policies provide assurance that client assets are legally protected, transactions are compliant, and personal data is secure. This framework builds trust with regulators, banks, and clients, making gold custody a transparent and globally recognized service.

Frequently asked questions

Institutional-Grade Security
What documents are required for KYC verification?
Passports, corporate registrations, and proof of address are required for client identification. Depending on the risk profile, additional documents may be requested, such as tax records, bank references, or ownership declarations e.t.c.