Notes
	At GPL, we support the fight against Money Laundering and Terrorist Financing. We recognize that the fight against money laundering is a team effort and will work closely together with the Authority to prevent the use of our operations for illegal purposes. Our co-operation to our regulators is in its entirety, wherein we aim to maintain the highest operating standards to safeguard the interest of our customers, our shareholders, our staff and the communities where we operate. What is Money Laundering? Money laundering is a process intended to mask the benefits derived from criminal conduct so that they appear to have originated from a legitimate source. Generally, the process of money laundering comprises three stages: (a) Placement- The physical disposal of the benefits of criminal conduct; (b) Layering- The separation of the benefits of criminal conduct from their source by creating layers of financial transactions designed to disguise the audit trail; and (c) Integration- The provision of apparent legitimacy to the benefits of criminal conduct. If the layering process succeeds, the integration schemes place the laundered funds back into the economy so that they re-enter the financial system appearing to be legitimate business funds. What is Terrorist Financing? Terrorism seeks to influence or compel governments into a particular course of action or seeks to intimidate the public or a section of the public through the use or threat of violence, damage to property, danger to life, serious risks to health or safety of the population or disruption of key public services or infrastructure. Terrorists require funds to carry out acts of terrorism and terrorist financing provides the funds needed. The methods used by terrorist organizations to move, collect, hide or make available funds for their activities remain similar to those used by criminal organizations to launder their funds. Phone Scams, Beware of Phone Scams! Types of Scams Impersonation Scams: Tricksters claim to be government officials and tell you to send money to avoid trouble. The truth is... Government officials will issue you a written notice for official matters and will never require you to send money. Kidnap Scams: Tricksters tell you they have kidnapped a family member and demand that you pay money for their release. The truth is... It may be a trick. Call your family member to check and alert the Police. Lottery Scams: Tricksters tell you that you have won a lottery or a lucky draw and you need to pay money to process the claims. The truth is... You are unlikely to win a prize in a lottery or lucky draw in which you have not participated. What You Should Do: • Do not reveal your bank account number or send money to a stranger. • Provide information on such scams to any Neighborhood Police Centre / Post or call the Police.