KEY ANTI-MONEY LAUNDERING COMPLIANCE PROCEDURES 

In order that Express Funds can develop its business in a right environment, our compliance team has been given the following responsibilities to ensure that:  

- They plan, develop and communicate anti money laundering strategy with regulatory and statutory updates to the Board for review and approval enabling the key managements to implements the anti-money laundering procedures.  

- Our team of compliance are regularly identifying and developing key contacts within relevant regulatory and statutory bodies for use of future reporting procedures.    

- Express Funds has the most up-to-date compliance procedure with a very rich compliance culture that involves every member of the organisation as well as incorporating the whole facet of the organisation for maximum attainments of compliance and regulatory adherence.  

- Our team of compliance regularly attempts to identify and investigate non-compliant activity.    

- In order that Express Funds business can grow in a less threatening environment, Express Funds consults with other professionals who are well versed with anti-money laundering procedures and fraud prevention so as to enable us asses and mitigates the money laundering risks that are relevant to the survival of our business.  

- Regularly review our anti-money laundering policies in line with the relevant acts such as Proceeds for Crime Acts (POCA).    

- There is a linear relationship between the Board, senior Executives and the money laundering reporting team that oversee to advise the senior management of any such review of regulations and the necessary adoption and implementation procedures.  

- Express Funds regularly sends personnel for training with anti-money laundering as well as prevention of financial crime.    

- Express Funds has a good documenting and filling procedures that satisfies the regulators for any such audit that may be deemed necessary by any law enforcements agencies.  

- Our compliance team ensures that we are prepared to provide the necessary information for regulatory visits.    

- Express funds regularly maintain awareness of developing money laundering trends and typologies for an updates of our company's risk-based policies and procedures.  

- Express Funds is very aware of the risk that is posed by non-face-to-face customers and as such has the procedure to ensure effective compliance in this direction.

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