Disclaimer Although the information on this website is drawn up with the utmost precision and in KAS BANK's judgement it is a true reproduction of the state of affairs at the time of publication of this website, KAS BANK can not guarantee that this information is or continues to be correct and/or complete. KAS BANK does not accept any liability for losses as a consequence of the use of, the trust in the information on this website or acting or refraining as a result the information on this website. Although KAS BANK strives for constant accessibilty to this website, it does not accept liability for losses caused by the fact that the website, for any reason whatsoever, will go (temporarily) out of order or will not be accessible.
References or hyperlinks on this website to websites of others are only included for the convenience of the user of this website. KAS BANK is not responsible for the content of these websites and therefore does not accept any liability for the information on these websites.
If you gain access to this website, you are expected to agree with the afore-mentioned.
Copyright
All recorded data, including texts, pictures, images, illustrations, logos, graphics, trade and brand names, and software, are owned by or under license with KAS BANK or the relevant entitled person/persons. These data are protected by copyright, trademark law and/or any other intellectual ownership right. These (intellectual) ownership rights will under no circumstances be transferred to persons using (the data of) this site, and KAS BANK, or the entitled person, retains all rights with regards to these published data.
The data on this site may only be printed or downloaded for non-commercial personal use. It is not allowed to use these data in any other manner, such as duplication, distribution or forwarding the data to third parties without prior written approval by KAS BANK.
General AML Statement
KAS BANK N.V. (having its registered office and head office at Spuistraat 172, 1012 VT, Amsterdam, the Netherlands), including its London branch (located at 5th Floor, 10 Old Broad Street, London EC2N 1AA, United Kingdom) and its German branch (located at Platz der Einheit 1, 60327 Frankfurt am Main, Germany), is firmly committed to participating in international efforts to combat money laundering and the funding of terrorist and criminal activities.
As a credit institution incorporated in the Netherlands, KAS BANK is licensed (see www.dnb.nl) and supervised by the Dutch Central Bank (prudential supervision) and supervised by the Netherlands Supervisory Authority for the Financial Markets (supervision of market conduct). By virtue of the European Banking Consolidation Directive, KAS BANK is entitled to a “passport” to conduct banking and investment business in the United Kingdom and Germany. KAS BANK’s London and German branch are therefore also subject to certain rules and regulations, including conduct of business rules, imposed by their respective “host state regulators”, the Financial Services Authority and the Bundesanstalt für Finanzdienstleistungsaufsicht.
KAS BANK regards integrity – of its organization, its staff and its services – as fundamental to its function as a provider of international financial services. To safeguard its integrity KAS BANK has instituted organizational measures and developed criteria for its client acceptance and staff recruitment procedures. The supervisory bodies in the Netherlands supervise the measures that financial institutions have taken in their management to control integrity risks. Pursuant to the Decree concerning regulations on reputable management (as per 1 January 2007 incorporated in the Decree concerning prudential supervision on financial institutions), the Dutch Central Bank issued further regulations on integrity subjects, including integrity sensitive positions, incident handling and customer due diligence, which KAS BANK has implemented in its procedures.
The Netherlands is a member country of the Financial Action Task Force (FATF) and the European Union (EU) and has enacted laws and rules designed to implement the anti-money laundering policies of both FATF and the EU (e.g. Identification (Provision of Services) Act, Disclosure of Unusual Transactions (Financial Services) Act, Sanctions Act 1977). The goal of these laws is to detect and prevent money laundering, potential terrorist financing and related financial crimes. KAS BANK incorporated in its procedures all local Dutch laws, regulations and guidance relating to these subjects. This means that adequate identification procedures, anti money laundering controls, operating procedures designed to detect and report suspicious transactions are in place. The electronic-combined targeted financial sanctions list (e-CTFSL) of the European Union is checked on a regular basis. Before accepting any new client the World-Check database is checked. KAS BANK has designated compliance and anti money laundering officers. Relevant employees receive AML training.
More information about KAS BANK (including its latest annual report), its core activities, strategy, share ownership, managing board and supervisory board, corporate governance is to be found in the Investor Relations section of this website.
USA Patriot Act Certification
In order to comply with the USA Patriot Act of 2001, KAS BANK N.V. has completed a "Certification regarding correspondent accounts for foreign banks". Interested parties may download this Certification by clicking on the link below and print it for use in their own records.
KAS BANK N.V. followed the recommendation by the the Dutch Bankers Association (Nederlandse Vereniging van Banken), to place this Certification on the banks' website. Consequently KAS BANK N.V. will only refer to this Certification and no longer issue Certifications by regular mail or fax.
Find the USA Patriot Act Certification here (PDF in new window).