Sustainable Energy for All Anti-Money Laundering Policy

The SEforALL Anti-Money Laundering Policy mandates a zero-tolerance approach to money laundering and terrorist financing for all staff, ambassadors, and funded partners. It outlines a framework for risk identification through 'red flags', requires 'Know Your Customer' (KYC) due diligence for partners, and establishes a strict reporting chain led by a Compliance Officer. The policy emphasizes compliance with international standards set by the Financial Action Task Force (FATF) and specific legal requirements in Austria, including the maintenance of financial records for at least five years.

• SEforALL adopts a zero-tolerance policy toward money laundering and terrorist financing, stating it will not engage with or fund organisations that advocate or carry out terrorist activity.
• The policy identifies several 'red flags' that may indicate money laundering, including unusual urgency for funding, overinflated asset values, complex corporate structures, and the use of offshore accounts.
• SEforALL implements 'Know Your Customer' (KYC) and Customer Due Diligence (CDD) checks for potential partners to verify their identity and structure, with a requirement to update this data at least every three years.
• The organisation maintains a strict reporting structure where suspicions must be reported in writing to the Compliance Officer (the Lead Human Resources), who then evaluates if the matter should be referred to national authorities, such as the Austrian Federal Ministry of the Interior.
• SEforALL is required to maintain comprehensive records of transactions and KYC checks for at least five years from the end of a partner relationship or a one-off transaction.
• The policy is mandatory for all personnel, including paid and unpaid staff, consultants, interns, volunteers, Ambassadors, and Administrative Board members, as well as funded partners who lack their own anti-money laundering policy.

APA

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

Chicago

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

Wikipedia

{{cite report |author=Sustainable Energy for All |title=Sustainable Energy for All Anti-Money Laundering Policy |date=30 September 2020 |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{sustainableenergyforall2020sustainable, author = {{Sustainable Energy for All}}, title = {{Sustainable Energy for All Anti-Money Laundering Policy}}, institution = {Sustainable Energy for All}, year = {2020}, month = sep, 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} }