Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are there any exceptions to complying with the AML regulations for dealers in precious metal, stones or jewels?

April 26, 2017AML complying Dealers exceptions jewels metal precious regulations stones

0

Posted

Are there any exceptions to complying with the AML regulations for dealers in precious metal, stones or jewels?

1 Answer

0

Posted

A. If you are a retailer, and buy only from suppliers who are covered by the rules in the U.S. who are implementing an AML program, you do not need to implement your own program.