Since the Foreign Exchange business has become very complex and risky, utmost care and caution is required to be exercised by an Exchange Company, as well as its Franchisee, so that chances of possible money laundering by unethical and unscrupulous persons are prevented. Therefore, KKI has formulated a comprehensive Anti Money Laundering and Due Diligence Policy Manual (The Manual). The Franchisee will be required to implement and follow KKI’s Policy frame work contained in the Manual in true letter and spirit and in particular, the Know Your Customer (KYC) and due Diligence aspects of KKI’s Policy, in order to ensure safe, secure and transparent flow of business. The Franchisee shall appoint compliance officers to make sure that KKI’s Due Diligence and Anti Money Laundering Policies and procedures are strictly implemented. Special focus should be given to design a proper system of internal control on one hand and on the other to have effective check on money laundering cases by strictly following KKI KYC and Due Diligence Policies and undertaking to that effect may be required by KKI from the Franchisee.