Prevention of money laundering
Procedure for the prevention of money laundering and the financing of terrorism
Reale Foundation (hereinafter referred to as the “Foundation”) constitutes a transversal and international tool for the Reale Group companies (hereinafter referred to as the “Group”) which encourages community-based initiatives — primarily in those countries where the Group is present and operates: namely, Italy, Spain and Chile.
Spanish Law 10/2010 of 28 April on the prevention of money laundering and the financing of terrorism, approved by Spanish Royal Decree 304/2014 of 5 May, as well as its corresponding regulations, specify that Foundations must comply with anti-money laundering measures and establishes specific conducts.
In compliance with the aforementioned obligations, the following procedures for the prevention of money laundering are established by the Foundation.