What is AML?

In the context of finance and law, AML stands for Anti-Money Laundering, which refers to a set of procedures, laws, and regulations designed to prevent the illegal process of money laundering. Money laundering is the act of concealing the origins of illegally obtained money, typically by means of transfers involving banks or legitimate businesses. AML regulations are critical for financial institutions, such as banks and investment firms, to comply with laws and protect the integrity of the global financial system.

Our Commitment :

• Acknowledge your commitment to following regulations like FATF, OFAC, SEC, and others.
• Include a statement about protecting users' data privacy.

User Responsibility :

• Users that they must provide accurate information and comply with AML verification procedures.
• Add a clause for consequences of non-compliance (e.g., account suspension)

Key Features of Our AML Process :

• Risk assessments
• Ongoing transaction monitoring
• Sanction screening