Website: https://milways.io Contact Email: aml@milways.io 1. Introduction 1.1 Purpose The purpose of this Anti-Money Laundering (AML) and Know-Your-Customer (KYC) Policy (the "Policy") is to set out the standards and principles by which Milways Crypto ("the Company") operates to prevent money laundering and terrorist financing, in accordance with the laws and regulations of the Hong Kong Special Administrative Region ("Hong Kong SAR"). This is aimed to create a culture of compliance. 1.2 Scope This Policy applies to all employees, officers, directors, agents, and any other individuals or entities acting on behalf of the Company (collectively, "Personnel"). It also applies to all clients, customers, and users of the Company's services ("Clients"). 2. Legal and Regulatory Framework 2.1 Applicable Laws and Regulations The Company complies with the following laws and regulations: Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) (Cap. 615) Organized and Serious Crimes Ordinance (OSCO) (Cap. 455) 3. AML and KYC Procedures 3.1 Customer Due Diligence (CDD) 3.1.1 Identification and Verification The Company requires all Clients to provide the following information for identity verification : Full Name Date of Birth Nationality Government-issued Photo Identification (e.g., passport, national ID card, or driver’s license) Proof of Address (e.g., utility bill or bank statement not older than three months) 3.1.2 Enhanced Due Diligence (EDD) For Clients posing a higher risk, such as Politically Exposed Persons (PEPs) and those involved in Correspondent Banking relationships, the Company will conduct Enhanced Due Diligence (EDD), including: Obtaining additional information on the client and the intended nature of the business relationship Updating more regularly the identification data of client and beneficial owner Conducting enhanced ongoing monitoring of the business relationship 4 Reporting to Authorities The Company reserves the right to report any non-compliant activities to relevant authorities without prior notice to the involved parties. 5. Amendments and Updates This Policy will be reviewed and updated regularly to ensure compliance with applicable laws and regulations. Any amendments will be communicated to all Personnel and Clients. In the event that there is any inconsistency between the English and Chinese version, the English version shall prevail. Milways Crypto Email: info@milways.io