Financial Crime Policy


At WeVee, we uphold the highest standards of ethical conduct and integrity in our business activities both in the UK and internationally. This Financial Crime Policy is designed to articulate our commitment and strategies to prevent, identify, and respond to financial crimes, including fraud, bribery, corruption, and money laundering within our organization and our business relationships.


This policy applies to all employees, officers, consultants, and partners of WeVee. We expect full cooperation from all parties to uphold these principles, which are fundamental to our operations.

Policy Statement

WeVee is committed to preventing the use of our operations for financial crimes. We have implemented comprehensive systems and controls compliant with legal requirements and best industry practices.

Anti-Money Laundering (AML)

  • Risk Assessment and Management: WeVee conducts thorough risk assessments to identify, assess, and manage money laundering risks. These assessments are updated regularly to respond to new threats and ensure our practices align with SYSC 6.1.1 R.
  • Customer Due Diligence (CDD): Rigorous due diligence is performed on all clients, suppliers, and partners to verify identities and assess related money laundering risks. Enhanced due diligence practices are employed where higher risks are identified.
  • Monitoring and Controls: Our transaction monitoring systems are designed to detect and report suspicious activities promptly. These systems are regularly reviewed and updated to ensure they are effective in mitigating identified risks.
  • Responsibilities and Reporting: Clear responsibilities are assigned to ensure compliance with AML regulations. All employees are trained to understand their responsibilities, including the proper channels for reporting suspicious activities. WeVee’s Compliance Officer oversees the implementation of AML policies and procedures, ensuring compliance and handling reports of non-compliance.

Counter-Terrorist Financing (CTF)

  • Our financial controls and monitoring systems are tailored to detect and report activities potentially supporting or funding terrorist acts.
  • We adhere strictly to all national and international regulations concerning the financing of terrorism.

Anti-Bribery and Corruption

  • WeVee maintains a zero-tolerance approach to bribery and corruption. All employees and associated parties are prohibited from engaging in any form of bribery or corrupt practices.
  • Regular training and communications are provided to ensure understanding and compliance with anti-bribery standards.

Fraud Prevention

  • WeVee employs robust measures to detect and prevent fraud within and against our operations, including regular audits and employee training programs.
  • An open culture is maintained where employees are encouraged to report suspected fraud without fear of retaliation.

Compliance Responsibilities

  • Every employee and associated personnel of WeVee is obliged to report any concerns about actual or potential criminal activities or breaches of this policy.
  • The Compliance Officer is responsible for the overall supervision of compliance with this policy, including conducting periodic reviews to ensure its effectiveness.

Training and Communication

  • Training is provided to all employees to clarify their roles and responsibilities under this policy.
  • Training programs are regularly updated to reflect changes in legislation and emerging threats. This policy is communicated to all employees.

Monitoring and Review

This policy will be reviewed annually to ensure that it continues to meet legal requirements and industry standards.

Reporting Violations

Violations or suspected violations of this policy should be reported immediately to the Compliance Officer. Reports can be made anonymously and will be treated with the utmost confidentiality.


WeVee is dedicated to fostering a lawful and ethical environment, free from financial crimes. Through our policies and practices, we demonstrate our commitment to conducting business with professionalism and integrity.