Anti-Money Laundering & Counter-Terrorism Financing Framework

KCARDS INC is firmly committed to complying with global and local Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) laws and regulations. We consider it our duty to uphold the integrity and security of the financial system, and we will not tolerate any use of our services for illegal money laundering or terrorism financing.

To effectively fulfill our legal obligations and ethical responsibilities, we have established a robust and continuously improving AML/CFT compliance system, with core elements including:

1. Policies & Procedures
   Develop and strictly enforce AML/CFT policies, procedures, and internal control systems that comply with international standards (such as the Financial Action Task Force FATF recommendations) and local regulations.

2. Customer Due Diligence
   Implement rigorous identity verification procedures for all customers ("Know Your Customer", KYC), and apply enhanced due diligence measures based on risk profiles.

3. Transaction Monitoring
   Combine advanced technology with manual review to monitor transactions in real-time and retrospectively, in order to identify potentially suspicious patterns.

4. Suspicious Activity Reporting
   Establish clear procedures to promptly report any suspicious transactions or activities to the relevant financial intelligence units in accordance with the law.

5. Record Keeping
   Properly retain all customer identification data, transaction records, and related due diligence, monitoring, and reporting documents as required by law.

6. Employee Training
   Provide regular AML/CFT training to all relevant employees, covering regulations, company policies, identification techniques, and the latest risk trends.

7. Independent Audit
   Undergo regular internal or external independent audits to assess the effectiveness of our AML/CFT system and make necessary improvements.

Identification & Verification

• Implement rigorous identity verification procedures for all customers. This may require you to provide identity documents (such as passport, ID card), proof of address, and other relevant information.

Ongoing Monitoring

• Continuously monitor customer transaction activities to identify abnormal or suspicious behavior inconsistent with the customer's business nature and risk profile.

Risk-Based Approach

• Conduct risk assessments based on customer type, nature of business relationship, geographic location, and other factors, and apply enhanced due diligence measures (EDD) for high-risk customers.

To jointly maintain a secure and compliant financial environment, you have the following responsibilities when using KCARDS INC's services:

• Provide Accurate Information:During account opening and throughout the business relationship, provide complete, truthful, and accurate identity and business information, and promptly update any changes.
• Cooperate with Due Diligence:Actively cooperate with our customer identification, verification, and ongoing due diligence requirements, and provide relevant supporting documents and information as requested.
• Use Services Compliantly:Ensure that your funds come from legitimate sources and that transaction purposes are genuine, lawful, and compliant. Do not use KCARDS INC's services for any illegal activities.
• Report Suspicious Activity:If you discover any suspicious activities or have questions about relevant requirements, please contact us promptly.

• Provide clear and transparent AML/CFT policy information.
• Protect your privacy and information security (subject to legal and regulatory requirements).
• Strive to balance compliance requirements with customer experience.
• Establish dedicated channels to handle your AML/CFT inquiries or reports.

• Right to Refuse:KCARDS INC reserves the right to refuse to establish or continue business relationships with customers/transactions that fail to meet AML/CFT requirements or are deemed high-risk.
• Cooperation Obligation:We are legally obligated to cooperate with investigations by regulatory authorities and law enforcement agencies.
• Disclaimer:The content in this section is for general informational purposes only and does not constitute legal advice. Specific obligations shall be governed by applicable laws and regulations and the agreements between us.

If you have any questions about KCARDS INC's anti-money laundering policies or procedures, or need to report suspicious activities, please contact our compliance department through the following channels:

• Email: admin@kcards.com