Counter-Terrorism Financing (CTF) Policy

Universal Payment Network Limited is dedicated to ensuring full compliance with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. We uphold the highest standards of financial integrity by preventing illicit activities and protecting our users and platform.

Our Commitment

Our comprehensive policies are structured to:

• Recognize and prevent suspicious activities
• Enforce strong Know Your Customer (KYC) protocols
• Continuously monitor transactions and behaviors
• Maintain robust audit trails and documentation
• Ensure ongoing training for all relevant personnel

Know Your Customer (KYC)

We enforce a stringent KYC process during account creation and ongoing user interactions. This involves identity verification, checking funding sources, and evaluating user risk levels.

Transaction Monitoring

Advanced analytical tools are used to monitor transactional activities. These systems automatically detect anomalies that could indicate potential money laundering or terrorism financing.

Compliance Reporting

Any identified red flags are formally recorded and reported to local regulatory bodies such as the Financial Intelligence Authority (FIA) in Uganda, in full compliance with legal requirements.

Employee Training

All employees undergo comprehensive and periodic training to stay informed about evolving AML/CTF regulations and our internal compliance procedures.

Ongoing Review & Improvements

Our AML/CTF framework is regularly audited and updated to align with the latest compliance trends, technological advancements, and regulatory expectations.