Compliance as a state of mind
Our business is built entirely on trust. We repay our customers’ faith in us by placing regulatory requirements at the core of our operations. Our compliance function covers all regulatory requirements for staff training and candour and goes beyond that, making sure our actions and our communication is aligned with our stringent corporate values.
Finance Incorporated Limited. is a licensed and regulated Financial Institution, authorized by the Malta Financial Services Authority (MFSA) as a payment service provider and as an electronic money institution.
Finance Incorporated Limited is also approved by MasterCard Europe as a principal issuing member.
Anti-Bribery & Corruption
The Board of Directors of Finance Incorporated Finance Inc is committed to zero tolerance of any act, or attempt, of bribery. The company has implemented a policy and procedure which is proportionate to the business of Finance Incorporated Limited to align with the Wolfsberg Principles and manage Anti Bribery & Compliance obligations.
The company:
Does not accept nor give cash gifts or cash equivalents with the intent to Fosters a Zero tolerance approach to bribery.
Has implemented procedures and controls in place to prevent and detect bribery attempts.
Helps employees to develop the right instincts to know what to do and whom to escalate in case of difficulties.
Adopts a top down approach, to train and constantly reinforce the message.
Client Due Diligence
We will ask a number of questions and request documents as part of the onboarding procedure and throughout the progress of our business relationship.
Whilst this may sound invasive, in order to keep our services and our partners secure, and to combat fraud and money laundering, Finance Incorporated Limited is legally obliged to collect this documentation to ensure that we have a thorough understanding of the businesses using our financial services.
The information we collect will be retained in strict confidence and governed under the General Data Protection Regulations, the PMLA act and subsidiary legislation.
We will ask questions to ensure that we understand the provenience of the funds channeled through the financial system and we are always happy to discuss and clarify on the requested documentation. Whilst we could attribute this requirement to industry-standards, we genuinely wish to understand our client’s business and be able to provide the best payment solutions in the market. Thus, getting to know your business better is important for us and will in turn help us provide an outstanding service.
