The ownership of the website:

Company Name: Qilniat Limited

Address: Ionias, 1, Flora Court, Flat/Office 22;

City: Paralimni;

Trade Register number in: Cyprus

Registered Number : HE 384493;

VAT : 10384493A;

Company director: Alina Zachariadou


The legal person for the publication:

The Webmaster: Qilniat Limited

Contact the Webmaster:


Company contact details:

Main Institution Address: Ionias, 1, Flora Court, Flat/Office 22;

Email address:

The Site Builder: Qilniat Limited

The Publishing Manager: Qilniat Limited

Contact the person responsible for the publication:



Qilniat Limited is a member locating in Cyprus of the European Union(hereinafter EU) and the FATF which is obliged to execute a legal line of responsibility and rules to implement the AML policies of FATF and EU. The reason for those laws is to detect and avert money laundering including potential terrorist financing.

This document describes Qilniat Limited policy and precautionary measures for the detection and prevention of fraud or terrorism financing activity (hereinafter AML) within the products and services offered by Qilniat Limited to its customers. Used Qilniat Limited methods and approaches based on the Financial Action Task Force (hereinafter FATF) and Bank Secrecy Act (hereinafter BSA) guidance and recommendations.

Consequently, the terms of reference of Qilniat Limited to implement AML procedures and compliance by the FATF recommendations and Cyprus AML regulations.

The policy and terms are provided for informational reasons only and are without legal recourse to Qilniat Limited or any of company subsidiaries, officers or agents.



Identification of the AML risks of customers and transactions allow Qilniat Limited to determine and implement relational measures to control and minimize these risks. Used risk criteria are the following: countries risk, customer’s risk. Qilniat Limited identify clients who are held in countries having inadequate AML standards or that may represent a high risk of crime and corruption in accordance with FATF recommendations.



In relation to FATF recommendations all procedures based on the risk-based approach. For AML compliance Qilniat Limited implements next procedures:

AML Employee Instructions

AML instructions are set to acquaint employees with the process of money laundering — the criminal business used to cover up the true origin and ownership of illegal bills, the laws that make it a crime and approaches to investigate the suspected activity.

Clients Activity Monitoring

Taking into account fraudulence in the financial flows Qilniat Limited demands on regular monitoring of the activity of every client to identify and prevent any suspicious transactions. This monitoring provides for identification inconsistent and untypical transactions usual client's transaction history known from previous client activity monitoring.

Due Diligence

Within the process of payment, each client has to provide personal information, including:

·        full name;

·        complete address (city and country);

·        phone number;

·        city code;

·        email.

Accordingly, before start providing services and products Qilniat Limited assures evidence has proceeded or such other precautionary measures that will produce satisfactory evidence of the identity of any customer.

Record Keeping

Qilniat Limited saves records of all documents and/or information received for the purpose of customer identification (KYC policy requirements). Qilniat Limited reserves the right record keeping for a minimum of 5 years. FATF or other AML regulator can increase the period of the record keeping.
In the investigation suspected activity Qilniat Limited reserves the right to provide the customer information of the law-enforcement agency and organizations responsible for controls AML laws.


Last update: 01.05.2020