Anti-Money Laundering Policy

The Sustainable Energy for All (SEforALL) Anti-Money Laundering Policy, approved in September 2020, establishes a zero-tolerance framework to prevent money laundering and terrorist financing. It mandates compliance for all staff, consultants, and funded partners, outlining specific 'red flags' for suspicion, 'Know Your Customer' (KYC) due diligence requirements, and strict reporting protocols to the SEforALL Compliance Officer and relevant national authorities, such as the Austrian Federal Ministry of the Interior.

• SEforALL maintains a zero-tolerance policy toward money laundering and terrorist financing, committing to ensure business processes minimize the risk of funds being diverted for criminal purposes. The organization explicitly refuses to engage with or fund partners that advocate for or carry out terrorist activity.
• The policy identifies several 'red flags' that may trigger suspicion of money laundering, including unusual urgency for funding, complex or frequently changing funding arrangements, overinflated asset values, reluctance to provide KYC information, and the use of offshore companies or accounts.
• SEforALL implements 'Know Your Customer' (KYC) and Customer Due Diligence (CDD) checks for potential partners, particularly grant recipients. This process includes verifying the structure and management of corporate entities and checking EU and USA financial sanctions lists. KYC data must be updated at least every three years.
• The organization mandates strict record-keeping for at least five years, covering KYC records, transaction files, and reports of money laundering. Records related to reported incidents cannot be destroyed without consent from the Austrian Federal Ministry of the Interior's money laundering unit or an equivalent body in the country where the incident occurred.
• Staff and Ambassadors are obligated to report any suspicions of money laundering immediately to the SEforALL Compliance Officer (the Lead Human Resources). Reports must be in writing and include specific details. If the Compliance Officer is involved or biased, reports should be escalated to the Chief of Staff, the CEO, or the Administrative Board.
• The policy is mandatory for all personnel, including paid and unpaid staff, consultants, interns, volunteers, Ambassadors, and Administrative Board members. It also applies to funded partners who do not have their own anti-money laundering policy.

APA

Sustainable Energy for All (n.d.). Anti-Money Laundering Policy. https://www.seforall.org/system/files/2020-11/Anti-Money-Laundering-Policy-SEforALL.pdf

Chicago

Sustainable Energy for All. Anti-Money Laundering Policy. n.d. https://www.seforall.org/system/files/2020-11/Anti-Money-Laundering-Policy-SEforALL.pdf.

Wikipedia

{{cite report |author=Sustainable Energy for All |title=Anti-Money Laundering Policy |url=https://www.seforall.org/system/files/2020-11/Anti-Money-Laundering-Policy-SEforALL.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{sustainableenergyforallndantimoney, author = {{Sustainable Energy for All}}, title = {{Anti-Money Laundering Policy}}, institution = {Sustainable Energy for All}, url = {https://www.seforall.org/system/files/2020-11/Anti-Money-Laundering-Policy-SEforALL.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }