佛山市众森文化活动有限公司 and its Website (yayaka.com) is committed to complying with all legal and regulatory requirements applicable in the jurisdictions in which the Group operates, including laws relating to anti-money laundering and counter-terrorist financing.
yayaka.com has established a risk-based anti-money laundering and anti-terrorist financing program (the “AML Program”) for this purpose. The objective of the AML Program is to ensure that the money laundering and terrorist financing risks identified by yayaka are appropriately addressed and mitigated, which has been achieved through the development of systems at the Group level that set out the minimum standards, governance policies, principles and controls that yayaka must comply with. Our AML program is designed to provide comprehensive AML protection to yayaka, its employees and customers.
Elements of the AML program include, but are not limited to
Establishing written systems, processes and internal control systems to facilitate ongoing compliance with applicable AML laws and regulations.
Establishment of a customer due diligence program, including customer identification and verification, the “know your customer” principle.
Establishing a money laundering risk assessment policy and implementing enhanced due diligence for customers assessed as high risk, including politically exposed persons (PEPs) and their close relatives and close associates.
Monitoring suspicious activity and reporting it to the relevant regulators.
Conducting mandatory periodic independent testing and regular anti-money laundering training for relevant personnel.
Implementing record keeping requirements in accordance with applicable laws and regulations of the jurisdiction.
yayaka may revise its AML policy from time to time as necessary to ensure that Yayaka’s internal compliance initiatives remain current and effective. yayaka will continue to improve its guidelines and controls to ensure that we combat money laundering and terrorist financing activities in accordance with appropriate industry standards.