Commitment to Combatting Financial Crime
At Fundkiss Technologies Limited (“Fundkiss”), we uphold a zero-tolerance approach to financial crime and unethical conduct. We implement stringent safeguards to detect, prevent, and disrupt any attempt to misuse our services or platform for criminal purposes. We count on the vigilance of both our employees and customers to help us fight financial crime. Our objective is to foster a secure, transparent, and compliant financial ecosystem for all our stakeholders.
1. Anti-Money Laundering & Countering the Financing of Terrorism (AML/CFT)
As a licensee of the Financial Services Commission (“FSC”), Fundkiss is subject to strict regulatory requirements under the Financial Intelligence and Anti-Money Laundering Act 2002 (FIAMLA 2002), the FIAML Regulations 2018, and the FSC Handbook 2021.
Fundkiss is committed to ensuring that its services are not used to facilitate illegal activities, including money laundering and the financing of terrorism. We have established robust controls to prevent engagement with sanctioned parties and to ensure compliance with all applicable sanctions and regulations.
Key measures implemented include:
• Clear accountability structures: All departments must ensure appropriate internal controls are in place and functioning, with regular reporting to senior management.
• Rigorous Know Your Customer (KYC) procedures for all prospective lenders and borrowers.
• Appointment of a Compliance Officer and a Money Laundering Reporting Officer (MLRO), both independent of business functions and responsible for ongoing compliance.
• Documented policies and procedures aligned with local laws and regulations, with oversight and monitoring at Board level.
• Regular employee training on identifying red flags and suspicious activities.
• Independent audits and ongoing testing of our compliance framework.
2. Conflicts of Interest
Fundkiss identifies, manages, and discloses all actual or potential conflicts of interest in line with its Conflict of Interest Policy. Where avoidance is not possible, mitigation and transparency measures are applied. All employees are required to disclose any potential conflicts when engaging with client relationships.
3. Fraud Prevention
Fundkiss enforces a strict zero-tolerance policy towards fraud. All employees are obligated to report suspicious behaviour or transactions through established reporting channels. The Company also conducts on-site visits to borrowers to verify the legitimacy of loan applications.
4. Anti-Bribery and Corruption
Fundkiss adheres to a strict Anti-Bribery and Corruption Policy, consistent with our Code of Ethics and Conduct. The offering or acceptance of gifts, commissions, entertainment, or other benefits is strictly prohibited.