Anti-Money Laundering Policy

AML (Anti-Money Laundering) policy

Bluediamond Parenting Resources ( “BPR,” “Bluediamond Parenting,” "Company," "we," "us," or "our") provide parenting products and services to you through this website: https://www.bluediamondparenting.com, based on the following AML (Anti-Money Laundering) policy: Please read them carefully. Your use of this website means you're accepting our Policy.

Introduction
Bluediamond Parenting Resources is committed to preventing money laundering and terrorist financing through our product sales and affiliate program. We adhere to all applicable laws and regulations of The Money Laundering (Prevention and Prohibition) Bill, 2022, MLA 2022, and the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023).

Scope
This AML policy applies to all affiliates, customers, and transactions related to the sales of our parenting resources and affiliate activities.

Know Your Customer (KYC) / Customer Due Diligence (CDD)
We verify the identity of all affiliates and customers through government-issued IDs and other reliable documents.

We monitor transactions for suspicious activity and report any red flags to the relevant authorities.

Transaction Monitoring
We regularly review and monitor transactions for suspicious activity, including:
- Large or unusual transactions
- Transactions with high-risk countries or individuals
- Multiple transactions from the same IP address

Reporting Suspicious Activity
We report suspicious activity to the Economic and Financial Crimes Commission (EFCC) and other relevant law enforcement agencies.

Record Keeping
We use technology to keep accurate and detailed records of all transactions, including:
- Customer information
- Transaction amounts and dates
- Payment methods and instructions

Training and Compliance
We provide training and updates for our staff on AML regulations and policies.

We ensure that all affiliates and customers comply with our AML policy.

Sanctions and Penalties
We reserve the right to suspend or terminate any affiliate or customer that violates our AML policy.

We may report any violations to the relevant authorities depending on the gravity of the offense, leading to legal penalties.

Privacy
We protect customer information and maintain confidentiality through our privacy policy.

Review and Update
We regularly review and update our AML policy to ensure compliance with changing regulations and laws.

By buying our products or participating in our affiliate program, you acknowledge that you have read, understood, and agree to comply with our AML policy.