Global Compliance Policy
Myth Creations Limited is registered with the “Hong kong Customs & Excise Department” as per the ANTI-MONEY LAUNDERING AND COUNTER-TERRORIST FINANCING ORDINANCE CHAPTER 615, LAWS OF HONG KONG
Myth Creations Limited is committed to compliance with all applicable regulations related to it’s global operations in the following Fields:
- Anti-money laundering (“AML”)
- Combating terrorist financing (“CTF”)
- Sanctions Compliance
It is the policy of Myth Creations LImited to protect the company, all employees, its customers, business partners and partner banks, to the extent reasonably possible, from being used to facilitate money laundering and terrorist financing and/or other nefarious acts.
This policy, along with its Risk Assessment, supporting procedures and training material, constitute Myth Creations Limited Compliance Program. This policy is approved by the Board of Directors annually or upon significant update in regulations requirements or business activity and serves to meet the following objectives of a sound Compliance Program:
- Designation of Compliance Officer;
- Provision of adequate training for all Myth Creations Limited staff and applicable business partners;
- Implementation of internal controls to ensure compliance, including customer identification, monitoring, reporting and recordkeeping requirements;
- Definition of Customer Due Diligence (CDD) to verify the identity of the Customer, the identities of the beneficial owners, and understand the nature and purpose of the relationship.
- Provision for periodic independent review of the AML, CTF and Sanctions Program;
