Anti-Money Laundering
We established indicators for inherent risks and control results that are repeatable and comparable. We also strengthened the theoretical foundation for residual risk assessment, and used measurement results of indicators as the basis for monitoring changes in risk trends, in order to understand the Company's overall exposure and the correlation with national risk assessment. We referenced our customers, products, and trading policy when setting the risk limit and risk appetite, and continued to monitor money laundering and terrorism financing risks to create a complete risk profile.
We added new control points for fee collection according to the optimization items recommended in the "Comprehensive ML/TF Risk Assessment Report and Prevention Plan," strengthening the fee payment review process to further improve the AML/CFT system.