KYC / AML COMPLIANCE STATEMENT

AMLKYC (amlkyc.tech)

1. Purpose

This statement outlines AMLKYC's approach to AML, CTF, and KYC principles. AMLKYC provides tools to support compliance efforts but does not act as a regulated financial institution.

2. Nature of the Service

AMLKYC is a technology provider offering:

  • cryptocurrency risk assessment tools
  • blockchain transaction monitoring
  • AML analytics and scoring systems

AMLKYC does not hold/transfer funds, execute transactions, or act as intermediary/custodian.

3. Compliance Approach

AMLKYC supports global compliance standards, including AML, CTF, KYC, and relevant international regulatory frameworks. The Service assists businesses in identifying potential risks related to crypto transactions.

4. No Financial Institution Status

AMLKYC is not a bank, payment institution, or exchange; is not licensed as a financial service provider (unless otherwise stated); and does not perform regulated financial activities. Users are solely responsible for their own compliance obligations.

5. Risk-Based Analysis

AMLKYC uses algorithmic models, blockchain data analysis, and risk scoring methodologies. Risk assessments are probabilistic and may include false positives and incomplete or evolving data.

6. Customer Responsibility

Users must conduct independent due diligence, implement their own KYC/AML procedures, and comply with all laws. The Service does not replace internal compliance programs.

7. Prohibited Use

The Service must not be used for money laundering, terrorist financing, sanctions evasion, or illegal financial activities. AMLKYC may restrict access in case of suspicious use.

8. Data Handling

AMLKYC processes data solely for risk assessment, fraud prevention, and system improvement. Users are responsible for lawful data submission.

9. Regulatory Cooperation

AMLKYC may cooperate with regulatory authorities and law enforcement agencies when required by applicable law.

10. Continuous Improvement

AMLKYC continuously updates risk models, detection mechanisms, and compliance methodologies to align with evolving regulatory standards.

11. Disclaimer

AMLKYC provides support tools only and does not guarantee compliance, provide legal advice, or replace regulatory requirements.

12. Contact

AMLKYC
https://amlkyc.tech/
Email: support@amlkyc.tech