AML/KYC Policy
NoWALL («We,» «Our Service,» «Company») strictly adheres to international standards and legal requirements for Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and Know Your Customer (KYC) policies. This Policy outlines our commitments and measures to prevent the use of our service for illegal purposes.
Policy Objectives
1.1. Ensure compliance with local and international AML/CFT regulations.
1.2. Prevent the use of our service for money laundering, terrorism financing, or other illegal activities.
1.3. Identify clients to mitigate risks and ensure transaction transparency.
KYC Procedure (Client Identification)
Detailed client identification procedures are implemented to ensure compliance with AML/CFT standards.
User Obligations
3.1. Users must provide accurate and up-to-date information.
3.2. Users agree to fully complete the identification process.
3.3. Users are responsible for providing false or misleading information.
Anti-Money Laundering Measures
4.1. We have implemented a transaction monitoring system to identify suspicious activities, including:
- Unusually large transactions.
- Transactions inconsistent with the client’s profile.
- Transactions involving high-risk jurisdictions.
4.2. All suspicious transactions are subject to internal investigation, and if necessary, will be reported to the relevant authorities.
4.3. We do not provide services to anonymous users or those with incomplete identification.
Data Confidentiality
5.1. All data provided by clients during the KYC process is handled in strict compliance with data protection laws (GDPR).
5.2. Data is stored in encrypted form and accessible only to authorized personnel.
Service Denial
We reserve the right to refuse services in the following cases:
- The user refuses to provide identification information.
- The user provides false or inaccurate data.
- The user’s transactions are deemed suspicious or non-compliant with AML/CFT requirements.
