AML/CFT Compliance
Anti-Money Laundering (AML) and Counter Terrorist Financing (CFT) are prioritized focus areas of JP Executive Solutions Pte. Ltd. (“JPES”).
As a Registered Filing Agent (“RFA”), JPES has adopted a Policy on prevention of money laundering and countering terrorist financing that requires our company to develop and implement effective programs to comply with applicable laws, set out as terms and conditions in the ACRA (Filing Agents and Qualified Individuals) Regulation 2015.
JPES observes proper Know-Your-Customer (KYC) practices and the knowledge of the customer provides a basis for understanding the general activities in which a customer usually would be expected to engage.