AML POLICY AML POLICY

T2ECOM’s Compliance Statement

T2ECOM Limited is a leading card payments provider, fully compliance to international AML and compliance standard to protect our customers.
We are committed to co-operate fully with the Government and other relevant authorities in the fight against money laundering and terrorist financing. In meeting this commitment, T2ECOM is guided by the following principles:

• T2ECOM should always conduct our business in conformity with high ethical standards and in compliance with all applicable laws, rules and regulations.
• T2ECOM must know our customers through customer due diligence procedures.
• T2ECOM will co-operate fully with law enforcement agencies in anti-money laundering and counter financing of terrorism (AML/CFT).
• An independent review of T2ECOM’s Compliance policy and process is conducted regularly independently to ascertain its adequacy and effectiveness.
• Below process safeguards all lines of defense for T2ECOM:
• A robust Anti-Money-Laundering (AML) and Counter Terrorism Financing (CTF) policy and process.
• Appointment of expertise compliance personnel.
• Conducting Customer Due Diligence on all T2ECOM’s customers.
• A prohibition customer list which T2ECOM will not serve.
• A process to investigate cards’ activities, including detecting suspicious and fraud transactions.
• T2ECOM ensures that all suspicious activities are timely reported to the appropriate authorities, with follow up processes to review the customer relationship.
• Ongoing AML training for our employees.
• T2ECOM recognises that the effectiveness of AML/CTF capabilities involves ongoing evaluation of our policies, procedures and technologies to keep pace with the ever-evolving money laundering schemes and its implications to our business.

Last Update:
August 2023