AML/KYC Policy AI Ecosystem

AITECH is committed to maintaining the highest standards of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) compliance. Our AML/KYC Policy is designed to prevent illicit activities such as money laundering, terrorist financing, fraud, and financial crimes by implementing global regulatory best practices, including those set by the Financial Action Task Force (FATF).

Key Components of Our AML/KYC Policy:

Know Your Customer (KYC) & Know Your Customer’s Business (KYCB):

• User’s mandatory identity verification using government-issued ID, proof of address, and biometric checks.

• Enhanced Due Diligence (EDD) for high-risk customers, including source of funds (SOF) and adverse media screening.

• KYCB measures for Initial Decentralized Offering (IDO) projects using our platform, including ownership verification and risk assessment.

Risk-Based Customer Due Diligence (CDD):

• Customer risk classification based on jurisdiction, occupation, and transaction behavior.

• Ongoing monitoring of transactions for unusual activity and red flags.

Transaction Monitoring & Suspicious Activity Reporting (SAR/STR):

• Real-time monitoring of transactions for potential AML/CTF violations.

• Reporting of suspicious activities to regulatory authorities.

Compliance Leadership & Training:

• Designation of a Compliance Officer (MLRO) to oversee AML/CTF policies.

• Regular staff training on AML/CTF regulations and fraud detection.

Regulatory Adherence:

• Full compliance with global standards, including FATF recommendations.

• Adoption of strict record-keeping policies, ensuring that customer and transaction data are stored securely for regulatory purposes.