Anti-Money Laundering (AML) Policy

At Shaker International Scholarship Programs (SISP), safeguarding the integrity of our financial operations is a fundamental responsibility.

We are committed to preventing money laundering, terrorist financing, fraud, and any form of illegal financial activity.

Our programs and financial systems are designed to uphold the highest standards of transparency, accountability, and regulatory compliance.

SISP maintains a strict zero-tolerance approach toward financial misconduct.

Commitment to Compliance

SISP operates in accordance with applicable regulatory and compliance frameworks, including:

• United States financial and nonprofit regulations
• International anti-money laundering standards
• Best practices for global charitable organizations

We cooperate fully with regulatory authorities and financial institutions to ensure lawful and ethical operations.

Financial Oversight and Controls

SISP implements strong internal safeguards to protect all financial activities and program funding.

• Transparent financial record keeping
• Controlled authorization and approval procedures
• Regular internal monitoring and review
• Secure fund transfer and payment protocols
• Independent reviews where appropriate

These measures ensure that funds are used solely for legitimate program purposes aligned with SISP’s mission.

Donor and Partner Due Diligence

To protect institutional integrity, SISP conducts reasonable due diligence on:

• Donors
• Partners
• Vendors
• Program collaborators

This process helps ensure that all financial relationships align with ethical, legal, and humanitarian standards.

Monitoring and Reporting

SISP actively monitors financial activities to identify suspicious, irregular, or unauthorized transactions.

Where required, concerns are reported to appropriate authorities in accordance with applicable laws and regulations.

Prohibited Activities

The following activities are strictly prohibited:

• Accepting funds from illegal or undisclosed sources
• Facilitating illicit or unlawful financial transactions
• Concealing, misrepresenting, or falsifying financial activity
• Supporting criminal, sanctioned, or unlawful organizations

Any violation of this policy will result in immediate corrective action and may involve legal consequences.

Training and Awareness

SISP promotes financial integrity and AML awareness through:

• Internal policies and operational procedures
• Leadership oversight and accountability
• Clear communication of ethical and compliance standards

Individuals involved in financial operations are expected to understand and uphold AML principles at all times.

Our Commitment

SISP is dedicated to maintaining clean, transparent, and lawful financial practices.

Every dollar entrusted to us is managed with responsibility and respect for our mission.

We serve people — with integrity, accountability, and transparency.