Placeholder document. This page provides the structure and scope of AGC's compliance. It must be reviewed and replaced by AGC's legal counsel before publication.
Know your counterparty
Every participant completes identity verification, beneficial-ownership disclosure and sanctions screening before transacting. Screening is repeated periodically and on material change.
Anti-money-laundering and counter-terrorist financing
AGC applies AML/CFT procedures consistent with FATF recommendations and applicable South African legislation, including transaction monitoring and suspicious activity reporting.
Sanctions
Participants and transactions are screened against applicable UN, EU, UK, US OFAC and South African sanctions lists. AGC will not facilitate any transaction that would breach applicable sanctions.
Anti-bribery and corruption
AGC prohibits facilitation payments and any offer or acceptance of improper advantage. Counterparties are required to give equivalent undertakings.
Responsible sourcing
Mineral transactions are subject to chain-of-custody and provenance requirements consistent with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
Reporting concerns
Concerns about conduct on the platform or in any AGC project may be raised confidentially to info@agcafrica.com. Reports may be made anonymously.
Questions about this document? Contact AGC.