Anti-Money Laundering initiatives at Saxo
We put ethics above profit
We do not accept clients that do not live up to our standards regardless of earnings. We aim to go beyond simply complying with the letter of the law. Our policies, processes and practices reflect the spirit and intent of the law as well.
Our company culture keeps us focused
Preventing money laundering and terrorist financing is embedded in the way Saxo Group operates, through our culture, education and communication. We encourage all employees to take individual and collective responsibility against financial crime. We take into account non-financial considerations when we employ, promote, and remunerate.
Management is actively involved
Management sets the tone from the top with clear expectations that filter through the entire organisation. Compliance with rules and regulations, including against financial crime and terrorist financing, is anchored in the foundation of the Group’s strategy execution plan and defined by specifically outlined objectives and priorities.
All relevant employees must on an annual basis participate in different training programmes, including completing our AML training. The employee must pass a test to complete the course.
All employees, clients, vendors and all other stakeholders are encouraged to report concerns of misconduct or misbehaviour of Saxo Group. All reports are confidential and can be reported anonymously through an external body. Please see more on the Whistleblowing page.