Purpose
Xcoin Cash (which in addition to its subsidiaries or subsidiaries is collectively referred to as the & quot; company & quot;) has implemented an anti-money laundering policy and associated measures (which together are referred to as & quot; an anti-money laundering and fraudulent fraud policy & quot;) to combat money laundering and financing Terrorism in relation to its business. We require all of our directors, officers, employees, contractors and agents (collectively referred to as “representatives”) to read and comply with this AML policy in the context of providing services to the Company. We also expect our vendors and other business partners (collectively referred to as “business partners”) to adopt and follow appropriate risk-based compliance standards to combat money laundering and terrorist financing in relation to the services they provide to us. This is a summary of our money laundering policy and program. Please send any inquiries to & nbsp; support@excoincash.com.
policy statement
The company prohibits all representatives and business partners from participating in money laundering and / or terrorist financing operations in connection with the company's business. The company, its representatives and its business partners must comply with all anti-money laundering and anti-terrorist financing laws and regulations in force in relation to the company's business anywhere in the world in the context of providing services to the company.
Compliance Program
In an effort to comply with applicable AML / CFT standards, the company has implemented the 'Four Pillars'. The following: (1) Developing internal policies, procedures and controls; (2) Appointment of money laundering reporting officer and swindlers (3) Establish a continuous training program for employees (4) Independent auditing function to test compliance program.
The company has also developed and implemented a written client identification program (hereinafter referred to as the “upload your documents” program) and stipulated in this anti-money laundering policy to understand the nature of our customers / Account holders and their source of funding
Corporate Headquarters
The company is located in & nbsp; England – the main branch, where it operates a digital currency conversion center licensed by the English government. The company is also committed to complying with all laws and regulations of anti-money laundering and anti-terrorist financing in force worldwide in line with its obligations under the X-Coin Cash license. All representatives and business partners must realize that compliance with the anti-money laundering, anti-terrorist financing and anti-fraud laws and regulations in force in the Arab world and England is crucial for the company to continue to maintain its English government license. This includes, but is not limited to,
the following: (1) Establish strict internal policies, procedures and controls to combat any attempt to use the company for illegal or unlawful purposes and to ensure that our customers are protected under customer protection laws; (2) compliance with regulations and guidelines The applicable procedures set by the XCoin Cash Group and Company in agreement with the English government (3) to implement the procedures of & quot; Know your customer and upload your documents & quot; All Clients (4) shall appoint a 'Chief Compliance Officer' He is responsible for implementing and monitoring our anti-money laundering program; (5) Submit reports on suspicious accounts and swindlers using a program dedicated to identifying the client's quorum (6) providing reports on suspicious activities; (7) Submit reports on currency exchange transactions; (8) Maintain comprehensive records of requests and other transfers; (9) Conducting periodic independent audits of the anti-money laundering program; (10) Compliance with record-keeping requirements; Implement a formal and ongoing compliance training program for all existing and new employees
In addition, some of the heads of the company trace their origins to Aitaya and Britain. Also, in their personal capacity, these principles remain subject to English and Italian AML / CFT regulations and laws, regardless of their location. At this stage, the company does not participate in any commercial activity in England and Italy, nor does it reserve or intend to allow English and Italian clients, customers or users to obtain access to its digital currency exchange systеm or related products or services. If you are aware of any activities that conflict with this company's position, you must notify the Money Laundering Reporting Officer so that he / she can determine whether any registration, report preparation, records and / or other conditions of the AML / C compliance program can be applied Funding terrorism against the company according to the US laws and regulations in addition to these conditions mentioned in the payment
