The phrase "money laundering" covers all procedures to conceal the origins of criminal proceeds so that they appear to originate from a legitimate source. Wealth Vision ("Company") aims to detect, manage and mitigate the risks associated with money laundering and the financing of terrorism. The Company has introduced strict policy aimed at the detection, risk prevention or mitigation in respect of any suspicious activities performed by customers.

The Company is required to constantly monitor its level of exposure to the risk of money laundering and the financing of terrorism. We believe that if we know our client well and understand their instructions thoroughly, we will be better placed to assess risks and spot suspicious activities.

Overview

Effective Customer Due Diligence ("CDD") measures are essential to the management of money laundering and terrorist financing risk. CDD means identifying the customer and verifying their true identity on the basis of documents, data or information both at the moment of starting a business relationship with the customer and on an ongoing basis.

Individual Customer Requirements

During the registration process, individual customers must provide:

• Customer's full name
• Customer's date of birth
• Country of residence/location
• Mobile phone number and email

Corporate Customer Requirements

Corporate customers must provide:

• Full company name
• Registration number and date
• Country of registration/incorporation
• Registered address
• Mobile phone number and email

Verification Documents

Required verification documents include:

• For individuals: A high-resolution scanned copy or photo of passport or national ID, showing full name, date of birth, passport number, expiry dates, and signature
• For corporations: Certificate of Incorporation, Certificate of Good Standing, Articles of incorporation, business license (if applicable)
• Proof of address: Recent utility bill, bank statement, or tax bill (issued within last 3 months)
• For card payments: Scanned copy of credit/debit card (with specific security requirements)

For high-risk customers, additional measures include:

• Obtaining information about the source of funds or wealth
• Additional research and verification of customer information
• Regular review and monitoring of business relationships
• Verification of employment or business activities
• Collection of additional supporting documents

AML Compliance Officer

The Company appoints an AML Compliance Officer responsible for:

• Ensuring compliance with AML regulations
• Establishing and maintaining internal AML program
• Setting up audit functions for AML procedures
• Training employees on suspicious transaction recognition
• Investigating suspicious activities
• Maintaining proper AML records
• Monitoring international AML developments

Employee Responsibilities

All employees must:

• Be aware of and comply with AML policies
• Undergo proper vetting including criminal checks
• Report violations to the AML Compliance Officer
• Complete required AML training programs

The Company provides comprehensive AML training including:

• Prevention, detection, and reporting of money laundering
• Potential ML/TF risks in the industry
• Legal obligations and consequences
• Identification of suspicious transactions
• Reporting procedures and requirements
• Rules against unlawful disclosure ("tipping off")

The Company maintains ongoing monitoring systems to:

• Detect suspicious patterns of behavior
• Monitor transactions against expected client activity
• Identify potential money laundering risks
• Ensure compliance with international sanctions
• Track and report suspicious activities