Compliance
Sky Forex Ltd recognizes
the importance of having comprehensive compliance procedures in place to detect
illicit criminals using our system. We are deeply committed to fighting money
laundering and terrorism and In order to fulfill this commitment, we at Sky
Forex have adopted the following measures.
We train our staff on a regular basis on understanding and applying anti-money laundering laws and regulations. This training ensures that our staff team as well as our agents are fully aware of existing regulatory requirements and to adopt best practice of anti-money laundering and terrorist financing guidelines. We have also developed an anti-money laundering manual that provides strict guidelines for our employees and independent agents in the detection of potential money laundering and or any other activities that maybe considered suspicious activities. We are currently implementing a Risk Based Approach in fighting money laundering and terrorism finance.
Secondly, we subject our
operations to independent compliance, audit, risk management and legal
functions to evaluate our compliance with applicable anti-money laundering
laws, rules and regulations. We are continuously striving to enhance our
anti-money laundering policies and procedures to meet or exceed applicable laws
and regulations; and match international standards.