Compliance

The directors have implemented policies by resolution and instituted training for all company staff that covers the following areas;

The UK Anti Bribery legislation

The UK Anti Money laundering legislation

The Corporate Criminal Offence legislation

Protocols for each of these branches of legislation have been adopted by the directors and training has been done and will continue.

Compliance is not discrete, it is dynamic and the company has committed to continuous risk assessment. The risk assessments will be carried out as needed and on a quarterly basis by an independent firm of experts.

This dynamic and continuous risk assessment is designed to not only protect the team, the principal’s and family members who are directly involved and responsible for the governance of the business, but also to protect the company’s investors.

Continuous vigilance will maintain a fundamental objective of the company business model. Protecting the company, its shareholders and the profits generated by the company. This is also important for protection of our strategic partners and those who trust and work with us.

An independent firm has been engaged by 79th Luxury Living Limited to provide independent external assurance for 79th Luxury Living’s compliance report. The compliance process includes an assessment of 79th Luxury Living’s compliance and risk assessments.

Building on the training and governance framework implemented for 79th Luxury Living, the independent assurance process is designed to protect 79th Luxury Living from bribery, AML, and other business and governance risks and emerging issues in a changing environment, and to assess 79th Luxury Living’s performance against the established compliance framework.