Modern Slavery Act 2015

Voluntary slavery and human trafficking statement

KYC Global Technologies Limited trading as KYC360 (KYC360) is making a voluntary modern slavery and human trafficking statement pursuant to section 54 of the Modern Slavery Act 2015. KYC360 is committed to acting ethically and with integrity in all our business dealings and relationships and to enforcing effective systems and controls to ensure modern slavery is not taking place in our business or in any of our supply chains. We are also committed to ensuring there is transparency in our own business and in our approach to tackling modern slavery throughout our supply chain.

1. What is modern slavery?

1.1 Modern slavery is a crime and a violation of fundamental human rights. It takes various forms, such as slavery, servitude, forced and compulsory labour and human trafficking, all of which have in common the deprivation of a person’s liberty by another in order to exploit them for personal or commercial gain.

2. Profile

2.1 KYC360 is an industry-leading innovator of AML onboarding, screening and in-life monitoring technology.

2.2 Established in 2016 by the original founder of the International Compliance Association, our team has collectively over 150 years of investigating and remediating businesses’ AML compliance environments. We currently operate from offices in Jersey and the United Kingdom.

2.3 None of the jurisdictions in which we operate has a poor record on modern slavery and human trafficking. We are committed to monitoring developments in the jurisdictions in which we operate through sources such as the Global Slavery Index. We do not rely on extensive or complex supply chains for the purposes of our business.

3. Policies

3.1 Notwithstanding the low risk of modern slavery in our business sector, we are committed to ensuring that we do not permit practices such as modern slavery or human trafficking within our business or in our supply chain.

3.2 We have robust recruitment processes which seek to that ensure appropriate checks on new recruits are carried out before the relevant staff member commences employment.

3.3 In working for KYC360, our staff are protected by our policies which are intended to reflect and uphold our commitment to a high standard of ethics and integrity in our business. Our policies are regularly reviewed to ensure that they are and remain comprehensive.

3.4 We provide all of our staff with relevant training on our policies and procedures to prevent money laundering, to counter the financing of terrorism and to ensure that our services are not exploited by those wishing to conduct other criminal enterprises.

4. Customers and suppliers

4.1 Before taking on a new customer, we conduct due diligence checks. We are constantly reviewing our due diligence processes to ensure that any issues relating to money laundering or other criminal enterprises (including modern slavery or human trafficking) are identified.

4.2 In relation to our supply chain, we deal only with reputable suppliers of goods and services. We continue to review our approach to the engagement (and renewal) of suppliers in order to identify any supply chain risks and take any actions necessary with suppliers to ensure that such risks are mitigated.