LEGAL AND COMPLIANCE
Venturo Bank Ltd is committed to maintaining the highest standards of regulatory compliance, legal integrity and operational transparency. This page outlines the key legal, regulatory and compliance frameworks that govern our operations, services and responsibilities to our clients.
Corporate Information
We provide guidance and clarity across major corporate finance initiatives, including:
Company Name
- Venturo Bank Ltd
Registered Office
- Hamchako, Mutsamudu, Autonomous Island of Anjouan, Union of Comoros
Regional Office
- (Details to be announced)
Company Number
- TBA
Banking Licence Number
- TBA
Legal Entity Identifier (LEI)
- TBA
- hello@venturobank.com
Regulatory Status
- Venturo Bank Ltd is in the process of being registered as an International Business Company (IBC) on the Autonomous Island of Anjouan, Union of Comoros. Once registered, Venturo Bank will be authorised and supervised by the Anjouan Offshore Finance Authority under the Offshore Banking Act 003 of 2005.
- The regulatory framework includes obligations relating to:
- Anti-Money Laundering (AML)
- Counter-Terrorism Financing (CTF)
- Customer Due Diligence (CDD)
- Reporting and audit requirements
- Operational and governance standards
- Offshore banking and international financial services compliance
- All operations are subject to approval, regulatory oversight and ongoing compliance monitoring by the relevant authorities in Anjouan.
Legal Disclaimer
- The information provided on this website is for general informational purposes only. It does not constitute legal, financial or investment advice and should not be relied upon as such.
- All financial services offered by Venturo Bank Ltd are subject to:
- Completion of KYC and AML checks
- Account eligibility
- Compliance review
- Ongoing monitoring
- Local and international regulatory requirements
- Venturo Bank reserves the right to decline applicants, restrict access to services or terminate accounts where compliance obligations are not met.
Anti-Money Laundering and Counter-Terrorism Financing
- Venturo Bank maintains a robust AML and CTF framework that aligns with international best practice and applicable regulatory requirements. Our programme incorporates:
- Customer Due Diligence (CDD)
- Identity verification for all clients
- Enhanced due diligence for higher-risk individuals and entities
- Verification of beneficial ownership for corporate clients
- Ongoing Monitoring
- Continuous review of customer activity
- Automated transaction monitoring
- Risk-based behavioural analysis
- Sanctions and PEP Screening
- Screening against global sanctions lists
- Politically Exposed Person (PEP) checks
- Adverse media and risk indicator screening
- Record Keeping and Reporting
- Retention of records according to legal requirements
- Reporting of suspicious activity to the regulator
- Full audit trails for compliance reviews
- Staff Training and Governance
- Regular AML/CTF training for employees
- Independent compliance oversight
- Annual policy reviews and system audits
- Venturo Bank does not permit the use of its platform for illegal or prohibited activities under any jurisdiction.
- For compliance matters, contact:
- compliance@venturobank.com
