Compliance

Antwerp Diamond Bank NV has a physical presence.  Physical presence means a place of business

located at a fixed address,

in a country in which the Bank is authorised to conduct banking activities,

where the Bank employs one or more individuals full-time and maintains operating records related to banking activities and

where the Bank is subject to inspection by the Banking Authority which has licensed the Bank to conduct banking activities.

Ownership Structure Antwerpse Diamantbank

Antwerp Diamond Bank NV is not publicly owned and is not listed on any stock exchange.
KBC Bank NV holds 99,99% of the shares of Antwerp Diamond Bank.
ADB Board of Directors:

Guido Segers, chairman

Pieter Vandendriessche, director

Peter Hannes, director

Luc Gijsens, director

Paul C. Goris, managing director, CEO

Pierre De Bosscher, managing director, member of the Executive Committee

Theo Strous, managing director, member of the Executive Committee

Guy Snoeks, managing director, member of the Executive Committee

ADB’s policies and procedures

The Antwerp Diamond Bank has policies and procedures for prevention of money laundering and terrorist financing.  We are prepared to provide a copy of the policy upon request.
Our policies and procedures meet the requirements of local law and regulations of anti-money laundering.  These policies and procedures are also mandatory in all our overseas operations taking into account local legislation.

The Bank verifies the identity of all customers prior to providing value transfer services involving more than EUR 10.000 in cash.  The Bank provides banking services only to other banks and financial institutions with a physical presence.

All staff members dealing with this issue are trained with regard to the policies and procedures of the Bank and regarding the requirements of local law and regulations. This training is updated each time changes are introduced in legal regulations.
The Bank has a money laundering reporting officer responsible for the co-ordination and the monitoring of compliance.

The Bank complies with FATF Special Recommendation VII.
The Bank filters its international telegraphic transfers for terrorist names using the OFAC List.

General Information

Antwerpse Diamantbank is represented in the following countries

Dubai, U.A.E. Representative Office Subsidiary

Geneva, Switzerland Representative Office

Hong Kong, China Representative Office

Mumbai, India Branch

New York, USA Representative Office

The Bank has no branches, subsidiaries or representative offices in any of the countries, considered to be “non co-operative” by the Financial Action Task Force.

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