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RedotPay Receives Independent AML/CFT Assessment Report from Big Four Accounting Firm

September 8 news, according to RedotPay's official announcement, RedotPay has completed an independent review of its anti-money laundering/counter-financing of terrorism (AML/CFT) controls and processes by an international "Big…

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September 8 news, according to RedotPay's official announcement, RedotPay has completed an independent review of its anti-money laundering/counter-financing of terrorism (AML/CFT) controls and processes by an international "Big Four" accounting firm. The review covered its licensed subsidiaries in Hong Kong, Red Dot Trust Limited and Red F. Technology Limited, and was conducted in accordance with relevant guidelines from the Hong Kong Companies Registry, assessing whether its systems can effectively identify, evaluate, and manage financial crime risks across areas such as governance, quality assurance, customer due diligence (CDD), transaction monitoring, and staff training and resource allocation. RedotPay stated that it will continue to invest in compliance and risk control construction as stablecoin payment compliance requirements evolve.

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