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Home Forums Anti-Money Laundering and Counter-Terrorism Financing Purchasing a company with an ACL – Does it or can it transfer?

This topic contains 1 reply, has 1 voice, and was last updated by  Ramit 2 weeks, 2 days ago.

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  • #5483 Reply

    Eugene Forster

    Hi members

    I am considering purchasing a business with an ACL and the owners are retiring.  To prevent the costs of starting the ACL process from scratch, I’d like to simply purchase / transfer the ACL.  Having a few issues online finding an answer if whether this is possible.  Would appreciate any assistance you can give.

    Thanks in advance for your assistance.

    #5544 Reply

    Ramit

    <span style=”background-color: #f2f2f2; color: #4e4e4e; font-family: ‘Lucida Grande’, lucida_sans_unicoderegular; font-size: 12px; text-align: center;”>Dear Eugene,  My name is Ramit. I wish to answer your query but I don’t know. However, because you are in the process of obtaining ACL so I thought it might interest you. I have an idea, that will make us market leaders. I am an IT consultant and backed by strong IT team capable of turning the idea into reality. I am happy to invest in the idea and bring the product in the market.  So far on 1 player is working in that space and he started a business in Nov 2018. If you are interested to discuss the idea contact me 0430996007</span>

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