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Anti Money Laundering Policy
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNTVision LP (“Vision”) recognizes that the USA Patriot Act of 2001 imposes important new obligations on all financial firms for the detection, deterrence and reporting of money laundering activities. It has established the following policies to ensure compliance with all laws and regulations regarding money laundering.
Prior to the opening of any new account, Vision will document the identity, nature of business, income, source of assets, and investment objectives of each prospective customer. We may also ask to see your driver’s license, passport or other identifying documents.
On an on-going basis, Vision will review account activity for evidence of suspicious transactions that may be indicative of money laundering activities. Every officer, employee, and associated person (“AP”) of Vision is responsible for assisting in the firm’s efforts to undercover and report any activity that might constitute, indicate or raise suspicions of money laundering. To this end, Vision provides continuing education and training of all such persons.
Vision will comply with all trade and economic sanctions imposed by OFAC against targeted foreign countries and shall cooperate fully with government agencies, self-regulatory organizations and law enforcement officials. As provided by the Act, Vision may supply information about former, current or perspective customers to such bodies.
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