Ricci Empowerment is committed to complying with applicable laws and regulations to prevent and combat money laundering, terrorism financing, and the financing of the proliferation of weapons of mass destruction (ML/TF/PWMD). As part of our commitment to preventing and detecting these risks, we have implemented this policy to ensure that our business operations are ethical, legal, and transparent.

Risk assessment: Ricci Empowerment will conduct regular risk assessments and transaction analyses to identify possible ML/TF/PWMD risks. We also commit to maintaining an updated record of our customers and their transactions.

Due diligence: Before establishing a business relationship, Ricci Empowerment will conduct a full due diligence on all customers and suppliers, including identification and identity verification, as well as investigation and evaluation of their reputation and solvency.

Continuous monitoring: Ricci Empowerment will continuously monitor the transactions of our customers and suppliers to detect and prevent suspicious ML/TF/PWMD activities. We also commit to maintaining adequate records of all relevant transactions and activities.

Training and awareness: Ricci Empowerment will provide periodic training and awareness on ML/TF/PWMD to all employees and contractors, including the identification of possible warning signs and how to report suspicious activities.

Legal compliance: Ricci Empowerment is committed to complying with all applicable national and international laws and regulations regarding ML/TF/PWMD.

Cooperation with authorities: Ricci Empowerment will fully cooperate with competent authorities in ML/TF/PWMD matters and provide all required information in accordance with applicable laws and regulations.

Disciplinary measures: Ricci Empowerment will impose appropriate disciplinary measures against any employee or contractor who violates this policy or applicable laws and regulations regarding ML/TF/PWMD.

Analysis and review: Ricci Empowerment will periodically review this ML/TF/PWMD prevention policy and make necessary adjustments based on changes in applicable laws and regulations and updated risk assessments.

Confidentiality: Ricci Empowerment will ensure the confidentiality of all relevant information and records regarding the ML/TF/PWMD prevention policy, except where required by applicable law or regulations.

Reporting of suspicious activities: Ricci Empowerment will immediately report any suspicious ML/TF/PWMD activity to competent authorities, in compliance with applicable laws and regulations.

Responsibility: All employees and contractors of Ricci Empowerment are responsible for complying with this policy and contributing to the prevention of ML/TF/PWMD.

Prohibition: Ricci Empowerment prohibits any employee or contractor from engaging in any activity that violates this policy or applicable laws and regulations regarding ML/TF/PWMD.