{"id":27393,"date":"2026-03-17T15:52:32","date_gmt":"2026-03-17T07:52:32","guid":{"rendered":"https:\/\/zyiiwood.com\/?page_id=27393"},"modified":"2026-03-17T15:52:56","modified_gmt":"2026-03-17T07:52:56","slug":"anti-money-laundering-policy","status":"publish","type":"page","link":"https:\/\/zyiiwood.com\/index.php\/anti-money-laundering-policy\/","title":{"rendered":"Anti-Money Laundering Policy"},"content":{"rendered":"\n<p>Anti-Money Laundering (AML) Policy<\/p>\n\n\n\n<p>(General Version)<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>General Provisions<\/li>\n<\/ol>\n\n\n\n<p>1.1 Policy Purpose<\/p>\n\n\n\n<p>To prevent and monitor money laundering and terrorist financing activities, safeguard the company&#8217;s compliant operation and asset security, and formulate this Policy in accordance with laws and regulations such as the Anti-Money Laundering Law of the People&#8217;s Republic of China and the Measures for the Supervision and Administration of Anti-Money Laundering and Anti-Terrorist Financing in Financial Institutions.<\/p>\n\n\n\n<p>1.2 Scope of Application<\/p>\n\n\n\n<p>This Policy applies to all employees, customers, partners, branches, and all business links of the company, covering the entire process of account opening, transactions, fund transfers, account management, and customer service.<\/p>\n\n\n\n<p>1.3 Core Principles<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Compliance: Strictly abide by national anti-money laundering, anti-terrorist financing, and financial sanctions regulations.<\/li>\n\n\n\n<li>Risk-Based Approach: Implement differentiated management based on risk assessment.<\/li>\n\n\n\n<li>\u5168\u5458 Accountability: All positions perform anti-money laundering obligations and report suspicions immediately.<\/li>\n\n\n\n<li>Confidentiality &amp; Compliance: Protect customer information and anti-money laundering work information in accordance with the law and do not disclose it without authorization.<\/li>\n\n\n\n<li>Continuous Improvement: Regularly evaluate and update processes to adapt to regulatory and business changes.<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Organizational Structure &amp; Responsibilities<\/li>\n<\/ol>\n\n\n\n<p>2.1 Decision-Making Level<\/p>\n\n\n\n<p>The Board of Directors \/ Senior Management is ultimately responsible for anti-money laundering work, approving systems, guaranteeing resources, and supervising implementation.<\/p>\n\n\n\n<p>2.2 Management Department<\/p>\n\n\n\n<p>The Compliance \/ Risk Management Department is the leading department, responsible for policy implementation, risk assessment, training, suspicious transaction review, regulatory reporting, and internal audits.<\/p>\n\n\n\n<p>2.3 Operating Departments<\/p>\n\n\n\n<p>Business, Finance, Operations, Customer Service and other front-line departments perform obligations such as customer identification, transaction verification, abnormal reporting, and data retention.<\/p>\n\n\n\n<p>2.4 Employee Obligations<\/p>\n\n\n\n<p>All employees must accept anti-money laundering training, shall not assist, cover up, or connive at money laundering activities, and report suspicious clues in a timely manner.<\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li>Customer Due Diligence (KYC\/CDD\/EDD)<\/li>\n<\/ol>\n\n\n\n<p>3.1 Identity Identification<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Verify customers&#8217; valid identity documents \/ business licenses before establishing a business relationship, and verify information of legal representatives, authorized agents, actual controllers, and beneficial owners.<\/li>\n\n\n\n<li>Prohibit providing accounts or services to anonymous \/ pseudonymous customers.<\/li>\n\n\n\n<li>For customers with suspicious information or incomplete materials, refuse to open accounts or suspend services.<\/li>\n<\/ul>\n\n\n\n<p>3.2 Risk Rating<\/p>\n\n\n\n<p>Divide customers into high\/medium\/low risk based on customer type, region, industry, transaction characteristics, Politically Exposed Persons (PEPs), and related relationships, and implement hierarchical management:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Low Risk: Simplified due diligence, regular review.<\/li>\n\n\n\n<li>Medium Risk: Standard due diligence, strengthened monitoring.<\/li>\n\n\n\n<li>High Risk: Enhanced due diligence (EDD), verification of fund sources\/uses, transaction background, and increased frequency of reviews.<\/li>\n<\/ul>\n\n\n\n<p>3.3 Beneficial Owner Identification<\/p>\n\n\n\n<p>Penetrately identify natural persons who ultimately own or control the customer. Natural persons holding more than 25% of shares \/ control rights or actually dominating decision-making must be registered and verified.<\/p>\n\n\n\n<p>3.4 List Screening<\/p>\n\n\n\n<p>Conduct sanctions lists, terrorist organization lists, and major money laundering risk lists screening on customers, beneficial owners, and transaction counterparties. If a list is hit, immediately initiate special preventive measures, stop services, restrict fund transfers, and report.<\/p>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li>Transaction Monitoring &amp; Suspicious Transaction Reporting<\/li>\n<\/ol>\n\n\n\n<p>4.1 Monitoring Scope<\/p>\n\n\n\n<p>Cover all transactions, with key monitoring of: large-value cash, frequent splitting, night\/cross-border abnormalities, no reasonable purpose large transfers, rapid fund in-and-out, transactions with high-risk regions\/industries, etc.<\/p>\n\n\n\n<p>4.2 Large-Value Transaction Management<\/p>\n\n\n\n<p>Register and report large-value transactions in accordance with regulatory requirements to ensure data is true, complete, and timely.<\/p>\n\n\n\n<p>4.3 Identification and Reporting of Suspicious Transactions<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Employees\u53d1\u73b0 suspicious activities and report them immediately to the Compliance Department. After review by the Compliance Department, report to the Anti-Money Laundering Monitoring and Analysis Center of China and regulatory institutions in accordance with regulations.<\/li>\n\n\n\n<li>Suspicious circumstances include but are not limited to: customers refusing to provide information, deliberately evading monitoring, transactions significantly inconsistent with business\/identity, involving criminal related funds, etc.<\/li>\n\n\n\n<li>It is strictly forbidden to disclose report information or prompt customers to evade monitoring.<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Retention of Customer Identity Data &amp; Transaction Records<\/li>\n<\/ol>\n\n\n\n<p>In accordance with the latest regulatory requirements, customer data and transaction records shall be retained for at least 10 years from the date of business relationship termination or transaction booking; for investigations\/cases, retention shall continue until the case is closed. Ensure data is retrievable, verifiable, and immutable.<\/p>\n\n\n\n<ol start=\"6\" class=\"wp-block-list\">\n<li>Special Preventive Measures<\/li>\n<\/ol>\n\n\n\n<p>For terrorist organizations and personnel announced by the state, targeted financial sanctions objects, and major money laundering risk objects, immediately stop services, restrict assets\/fund transfers, do not notify in advance, protect bona fide third parties in accordance with the law, and report to regulators in a timely manner.<\/p>\n\n\n\n<ol start=\"7\" class=\"wp-block-list\">\n<li>Risk Assessment &amp; Internal Control<\/li>\n<\/ol>\n\n\n\n<p>7.1 Self-Risk Assessment<\/p>\n\n\n\n<p>Regularly conduct money laundering \/ terrorist financing risk self-assessment, covering customers, regions, products, channels, third-party partnerships and other dimensions, form a report and file it with regulators.<\/p>\n\n\n\n<p>7.2 Internal Control<\/p>\n\n\n\n<p>Establish authorization, review, separation, and audit mechanisms, embed anti-money laundering into business systems and approval processes, conduct regular self-examinations and internal audits, and rectify problems found within a time limit.<\/p>\n\n\n\n<ol start=\"8\" class=\"wp-block-list\">\n<li>Training &amp; Promotion<\/li>\n<\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>New employees must take anti-money laundering training, and on-the-job employees receive annual refresher training.<\/li>\n\n\n\n<li>Strengthen suspicious transaction identification, list screening, and due diligence practical training for key positions.<\/li>\n\n\n\n<li>Promote anti-money laundering obligations to customers and remind them of compliance requirements.<\/li>\n<\/ul>\n\n\n\n<ol start=\"8\" class=\"wp-block-list\">\n<li>Confidentiality &amp; Information Security<\/li>\n<\/ol>\n\n\n\n<p>Anti-money laundering work information, customer data, and report records are only for performance duties and are not disclosed to the outside world; in case of leakage, take immediate measures and report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anti-Money Launderin<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-27393","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/zyiiwood.com\/index.php\/wp-json\/wp\/v2\/pages\/27393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zyiiwood.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/zyiiwood.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/zyiiwood.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zyiiwood.com\/index.php\/wp-json\/wp\/v2\/comments?post=27393"}],"version-history":[{"count":2,"href":"https:\/\/zyiiwood.com\/index.php\/wp-json\/wp\/v2\/pages\/27393\/revisions"}],"predecessor-version":[{"id":27395,"href":"https:\/\/zyiiwood.com\/index.php\/wp-json\/wp\/v2\/pages\/27393\/revisions\/27395"}],"wp:attachment":[{"href":"https:\/\/zyiiwood.com\/index.php\/wp-json\/wp\/v2\/media?parent=27393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}