Anti-Money Laundering

Fiji has implemented anti-money-laundering laws to meet international standards and to help protect businesses from being misused for money laundering and terrorism financing.

As a new client seeking services from FijiStock Brokers Limited you will be asked to verify your identity. In doing this you are helping to protect Fiji businesses from being misused for the purposes of criminal activity.

If you are an existing client the impact should be minimal, however you may be required to provide additional information when opening a new account or if your circumstances change.

Will I need to provide more information?
We must meet stringent investor identification and verification requirements using a risk-based approach. This means that prior to opening an account or offering a service, we must be satisfied that you are who you claim to be.

A client conducting a transaction may be asked to provide different forms of identification. The level of identification required will depend on the risk level of the transaction.

Your adviser is the best person to discuss your identity verification requirements with.

What happens if I do not have identification?
If you are unable to provide the appropriate level of identification required by legislation we may not be able to provide the service you require or your application may be delayed where identification documents are inadequate.