Toshakhana Limited: Anti-Money Laundering & KYC Policy

1.Statement of Commitment 

Toshakhana Limited is committed to the highest standards of financial integrity and corporate governance. We operate in full alignment with the UK Money Laundering Regulations and the Proceeds of Crime Act 2002. Our internal controls are strictly designed to ensure our business is never used for money laundering or the financing of terrorism 2.Strictly Non-Cash Electronic Settlement

Toshakhana Limited operates as a 100% Non-Cash Business. We do not accept, hold, or dispense physical currency (cash) under any circumstances. All transactions are settled exclusively via verified corporate bank transfers. As we do not handle high-value cash payments, we are exempt from HMRC High Value Dealer (HVD) registration.

3.Integrated B2B Trade Divisions

Our operations consist of two primary wholesale divisions:

• Fine Jewellery:Wholesale of gold and platinum jewellery set with ethically sourced diamonds and precious gemstones.
• Precious Metals:Trade and procurement of investment-grade bullion (LBMA-standard bars/coins), secondary market precious metal items, and industrial components for refining. 

4.Customer Due Diligence (KYC)

All B2B trade counterparties in our Precious Metals division must undergo a mandatory KYC process. This includes verifying Corporate Registration, identifying Ultimate Beneficial Owners (UBOs), and validating the identity of authorized signatories. We only trade with verified professional entities to ensure supply chain integrity.

5.Monitoring and Reporting

We perform ongoing monitoring of all trade activities. Any suspicious patterns or attempts to use physical currency will result in the immediate termination of the business relationship. We maintain a zero-tolerance policy toward financial crime and fulfill all reporting obligations under UK law.

6.Anti-Bribery and Corruption

Toshakhana Limited maintains a strict anti-corruption stance. We do not offer or accept any inducements, gifts, or bribes to influence business transactions. Our corporate ethics and rigorous compliance standards apply to every level of our supply chain.