Financial institutions may be exposed to risks where individuals attempt to misuse financial services to disguise or transfer funds derived from unlawful activities. Recognizing these risks, Century Finance Company Limited has established internal controls and compliance measures designed to identify, monitor, and mitigate activities associated with money laundering and terrorist financing. Our Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) framework supports the protection of the financial system and promotes responsible and transparent business practices.
Century Finance maintains policies and procedures aimed at preventing the misuse of our services for illegal activities, including money laundering, terrorist financing, fraud, and other financial crimes. Our AML/CFT framework provides guidance and controls to help ensure that our operations are conducted in a compliant and responsible manner.
We are committed to maintaining strong compliance standards and integrating AML/CFT principles into our business operations. This commitment reflects not only our regulatory responsibilities but also our dedication to protecting customers, preserving stakeholder confidence, and upholding the integrity of our institution. Century Finance complies with applicable laws, regulations, and directives issued by relevant authorities in Myanmar, including requirements related to anti-money laundering and counter-terrorism financing. Where practical and appropriate, we also seek to align with internationally recognized standards and best practices to strengthen our compliance framework and risk management processes.
