RedotPay receives independent AML/CFT controls review from a Big Four firm, covering governance, customer due diligence, transaction monitoring and staff training

A Big Four firm reviewed RedotPay's AML/CFT controls at its licensed Hong Kong subsidiaries, Red Dot Trust Limited and Red F. Technology Limited, benchmarking them against guidelines from the Hong Kong Companies Registry. The review covered governance, quality assurance, customer due diligence, transaction monitoring, and staff training and resourcing. The company said the review confirmed its processes can identify, assess and manage financial-crime risk, which it called significant for users, partners and investors. A spokesperson said the firm welcomes independent scrutiny, describing the review as one step in an ongoing compliance commitment.

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