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AML Regulations

Huizhi Group and its affiliated companies are committed to upholding the highest ethical standards and have implemented strict anti-money laundering policies. In order to comply with these standards, anti-money laundering policies, and all relevant laws and regulatory requirements applicable to entities conducting business within the group, we conduct customer due diligence, including the identification and verification of the identities of new clients and related individuals. When a customer's instructions present anti-money laundering risks, we enhance our due diligence, report suspicions of money laundering to the relevant authorities, retain relevant records, and provide anti-money laundering training to our staff. Additionally, we maintain ongoing monitoring of existing clients and may seek relevant information from third-party data providers when necessary.

 

All personal data collected for this purpose will be used solely for compliance with our anti-money laundering policy and any applicable legal and regulatory requirements. The retention period for all such personal data will not exceed the requirements of relevant anti-money laundering and data protection laws and regulations.


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