The purpose of this is to inform all employees, agents, agent employees, independent business partners, foreign correspondents and regulatory bodies, as to the Anti-Money Laundering (AML), Counter Terrorist Finance (CTF) and counter fraud procedures that we have adapted and are adhering to, during our daily business operation. We have highly trained staff with very robust software to implement our AML policy.

Training is provided to all staff members, agents, and agent employees upon commencement of taking on the money transfer service and on regular occasions afterwards. Training covers the following issues:

• The law relating to AML/CTF
• Risks of money laundering/terrorist financing (seen as a threat to the company)
• Identity and responsibilities of the MLRO (Money Laundering Reporting Officer)
• 'Know your customers' procedures
• Internal systems and controls
• Suspicious transactions -  what to look out for
• How to submit an internal Suspicious Activity Report
• Record-keeping requirements
• Other relevant issues