Anti-Money Laundering Policy
2019-03-16 02:53:29
1. Introduction
The services provided by this site may be used for money laundering and financing of terrorism, insider trading, fraud, and illegal arbitrage. Under the influence of international anti-money laundering and counter-terrorism financing ("AML/CFT") laws and regulations, this website will comply with the requirements of laws and regulations. This includes establishing training, processes and systems to identify, manage and mitigate risks. The purpose is to protect the website's reputation, comply with relevant laws and be a good corporate citizen. If any account is found to be involved in any of the above illegal activities, this website will freeze the account and submit it to the system for automatic processing decision. If necessary, report the account immediately to regulatory authorities.
1.1 This website guarantees to carefully comply with the laws and regulations related to "Know Your Customer" and anti-money laundering and shall not intentionally violate the "Know Your Customer and Anti-Money Laundering Policy". Within the scope of the website's reasonable control, the website will take necessary measures and technologies to provide you with safe services and protect you from losses caused by criminal suspects' money laundering behavior as much as possible.
1.2 The "Know Your Customer and Anti-Money Laundering Policy" of this website is a comprehensive international policy system, including the "Know Your Customer and Anti-Money Laundering Policy" of different legal jurisdictions to which you belong. The website's robust compliance framework ensures that the website complies with regulatory requirements and regulatory levels at both local and global levels, and ensures the website's continued operation.
1.3 User withdrawals from this website need to pass the security system assessment review. If the following conditions are found: address, account data, and fund data are abnormal (including but not limited to), the system will automatically handle it. This may include, but is not limited to, fund verification or related risk control reviews. Users need to assist in providing materials as required and handle them in a timely manner. Customer service personnel fulfill their notification obligations.
1.4 If a user of this website violates any provision of this statement or violates any provision of relevant laws. For example, money laundering, illegal transactions, insider trading, fraud, illegal arbitrage (without limitation). The risk control system will automatically make processing decisions. This may include but is not limited to user information verification and investigation, risk guarantee, and fund verification.
1.5 If irreversible errors occur during the process of withdrawing and transferring funds by users of this website (including but not limited to, time issues, payment issues, transmission issues, and user issues themselves). This may cause the blockchain system to require processing including but not limited to smart chain exceptions and gas, channels, notarization, verification, etc. The guarantee and verification fund solutions that appear in this process are automatically fed back by the system. Users must respond promptly and complete processing as requested. Ensure the integrity of the user's blockchain smart capital chain.
2. Introduction
2.1 What is money laundering?
Money laundering is the process of hiding or disguising the source of illegally obtained "dirty" funds to make them appear legitimate and "clean". Money laundering reduces the risk of detection and seizure by authorities, and it is as serious as the criminal activity behind it. Preventing money laundering can help reduce crime.
2.2 What is terrorist financing?
Terrorist financing differs from money laundering in three main ways:
1) Its main purpose is to conceal the ultimate use of funds, not the source of funds;
2) It may involve relatively small amounts of money, but it can produce deaths, injuries and other high-impact disruptions;
3) While terrorists may commit crime to fund their activities, legitimate funds may also be diverted to finance terrorism.
2.3 What is suspicion?
Money Laundering and Terrorist Financing ('ML/TF') is sometimes discovered because a member behaves in a suspicious manner or their behavior is questionable. In order for "suspect" to be valid, the site must have reasonable grounds to believe that money laundering and terrorist financing activities may be taking place. To support this, staff are trained to identify and report suspicious matters.
3. The "Know Your Customer and Anti-Money Laundering Policy" is as follows:
3.1 Promulgate the "Know Your Customer and Anti-Money Laundering Policy" and update it from time to time to meet the standards stipulated in the corresponding laws and regulations.
3.2 Promulgate and update some guiding principles and rules for operating this site, and employees of this site will provide services in accordance with the guidance of these principles and rules.
3.3 Design and complete procedures for internal monitoring and control of transactions, such as verifying identity through strict means, and arranging to form a professional team responsible for anti-money laundering work.
3.4 Use risk prevention methods to conduct due diligence and continuous supervision of customers.
3.5 Review and regularly check transactions that have occurred.
3.6 Report suspicious transactions to the competent authorities.
3.7 Identity proof documents and address proof documents will be maintained for at least six years, and transaction record proof documents will be maintained for at least three months. If they are submitted to the regulatory authorities, you will not be notified.
4. Identity information and verification
4.1 Identity information
4.1.1 According to different regulations in different jurisdictions and different entity types, the content of your information collected by this site may be inconsistent. In principle, the following information will be collected from registered individuals:
Basic personal information: your name, date of birth, nationality and other available information. Identity verification should be based on documents issued by official or other similar authorities, such as passports, ID cards or other identification documents required and triggered by different jurisdictions.
Valid Photo: Before you register, you must provide a photo of yourself holding your ID against your chest;
Contact details: Telephone/mobile number and/or valid email address.
4.1.2 If you are a company or other legal entity, this site will collect the following information to determine you or the ultimate beneficiary of the trust account:
Company registration, registration certificate; copy of the company's articles of association and memorandum; detailed certification materials of the company's equity structure and ownership description, proving the board resolution of the authorized principal that determines the opening and execution of the account on this website;
company directors who need to be provided as required , the identity document of the major shareholder and the person authorized to sign the account on this website; the company's main business address, if it is different from the company's mailing address, provide the mailing address. If the company's local address is inconsistent with its main business address, it is considered a higher-risk customer and needs to submit additional additional documents;
According to different regulations in different jurisdictions and different entity types, other certifications and documents issued by authoritative authorities required by the website and documents deemed necessary by the website;
4.2 Confirmation and verification
4.2.1 This website requires you to provide all page contents of identity documents;
4.2.2 This site requires you to provide a photo of you holding your identity document on your chest;
4.2.3 Copies of supporting documents should generally be checked against the original vouchers. However, a copy is acceptable if a suitable and trustworthy certifier can certify that the copy is an accurate and complete reproduction of the original document. Such certifiers include ambassadors, judicial commissioners, local magistrates, etc.;
4.2.4 The requirement for identifying ultimate beneficiaries and control of an account is to determine which individuals ultimately own, or otherwise have control over, the company or other legal entity. This is determined by the structure of the organization, not by the name of the company.
4.2.5 For more information, the website will send you a request.
5. Transaction monitoring
5.1 The Website will monitor transactions in accordance with its internal monitoring measures. This includes an assessment of transaction amount, frequency, source and payee.
5.2 When the website detects any suspicious transaction activity, it will be reported and submitted to the relevant authorities in accordance with internal procedures.
6. Suspicious Transaction Report
6.1 Employees of the Site will be trained to be able to identify transactions that may involve money laundering or terrorist financing.
6.2 If the website's employees suspect that a transaction involves money laundering or terrorist financing, insider trading, fraud, illegal arbitrage, they will immediately report it to the designated internal regulatory agency.
6.3 According to the requirements of relevant laws and regulations, employees of the website may be required to provide relevant information about suspicious transactions to relevant authorities.
7. Record Keeping
7.1 The website will save all relevant information on identity documents, address proof documents and transaction records.
7.2 In accordance with the requirements of laws and regulations, this information will be kept for at least six years and may need to be provided to regulatory authorities.
8. Confidentiality and information security
8.1 The website will take appropriate security measures to ensure the confidentiality and security of the information you provide.
8.2 The website will regularly review and update its information security measures to respond to changing threats and risks.
8.3 The website will ensure that employees maintain the confidentiality of the information you provide in accordance with the requirements of relevant laws and regulations.
9. Other matters
9.1 The website reserves the right to update the "Know Your Customer and Anti-Money Laundering Policy" in accordance with the requirements of relevant laws and regulations.
9.2 If you have any questions about any policy content, please contact the customer service department of this site.