Purpose of KYC and AML procedures
Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures are implemented to comply with applicable legal and regulatory requirements. Their purpose is to prevent fraud, illegal financial activities, and misuse of the platform, as well as to protect the interests of users.
User identification (KYC)
As part of the user identification process, the platform may request certain personal data and supporting documents. These may include identity documents, proof of address, or other information required for verification. All checks are carried out strictly for lawful purposes and in accordance with established internal procedures.
Transaction monitoring (AML)
To detect suspicious activity, financial transactions may be monitored and analyzed. Unusual patterns or inconsistencies may result in additional checks or temporary restrictions, in line with applicable legal requirements.
Data processing and storage
All data collected during KYC and AML procedures is processed confidentially and protected using appropriate technical and organizational measures. Information is retained only for the period necessary to meet legal obligations.
User obligations
Users are required to provide accurate, complete, and up-to-date information. Refusal to complete verification procedures or submission of false information may result in account restrictions or other measures in accordance with platform rules and applicable law.
Cooperation with authorities
Where required by law, the platform may cooperate with competent regulatory or law enforcement authorities. Any disclosure of information is carried out strictly within the scope of legal obligations.