Anti-Money Laundering and Countering Financing of Terrorism

What does it mean for Farmlands?

  • The recent legislation is compulsory and Farmlands has developed a compliance programme to comply. If Farmlands does not adhere to the legislation, it could mean a significant financial penalty for us and not being able to trade with you.

What does it mean for me?

  • Farmlands may need to make contact with you as a shareholder. We will try and do so at times when we are already in contact with you, e.g. ordering a new Card, or changing share ownership. Otherwise, we will need to contact all shareholders at some stage in the next 2–5 years.

  • To comply with the legislation, we need to check your ID, address and understand your business structure. In some cases, it may mean obtaining financial information.

Why do we have to do this?

  • It is now a legal requirement for Farmlands.

  • To help protect shareholders from identity theft and fraud.

  • Because rather than have to rush through later to comply with legislation, Farmlands is being proactive, so we have more time.

How can I help or learn more?