Background Checks – Barkal Gold Associates suppliers and buyers We get asked frequently within our travels throughout Africa how one performs due diligence on a gold purchaser – or indeed a transction​ managment and gold supplier facilitator like us? Well, if you are focused about gaining targeted intelligence, it's really straightforward: just ask your bank to run the names through its internal compliance database, as we do, – and Bob’s your uncle! All major banks, as part of their KYC ("Know Your Client") actions, enlist to the Refinitive World-Check System.
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​ The system ranks individuals & institutions according to various "high-risk" categories: PEP (politically exposed persons), CTF (counter-terrorism financing), AML (anti-money laundering), Anti-Corruption, as well as crimes and criminal activity, generally. World Check is a central database managed by Refinitive and devised from over 100,000 esteemed global public sources (“credible and reputable open-source information”).
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​ The banks of Barkal Gold Associates's gold suppliers use World Check routinely to background-check all potential purchasing parties of their gold dore bars. And, of course, likewise, we guarantee that neither Barkal Gold & Associates nor its individuals are on the list: go ahead, if you like, and check and see.
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​ We also vouch, and check our supply chain frequently to ensure it is so, that all Sudan gold offerings faciliatated by Barkal Gold Associates are conflict-free, free of human rights abuse, conform to international labour and environmental safeguards, and do not contravene the following, too: The Anti-Money Laundering Regulations of 1993, The Prevention of Terrorism (Temporary Provisions) Act of 1989, The Drug Trafficking Offenses Act of 1986, The Criminal Justice (International Co-operation) Act of 1990, The Patriot Act of 2001, The Criminal Act of 1988, or any other illegal or criminal activity and global sanction and embargo lists like OFAC, UK HMT, EU, OSFI, FATF, and the Australian DFAT.
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​We also provide buyers with a Client Information Sheet (CIS) of the company supplying gold dore bars to facilitate their due dilligence process. 
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​ At Barkal Gold Associates, we have therefore already made sure that nothing on our side upends gold dore bars transactions from African suppliers suddenly.
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​ And we expect our buyers to do the same for bump-free market clearing across the African continent.