AML/KYC Policy

AML Policy Easyglobal.org

Contents

  • 1. General Provisions
  • 2. Transaction Monitoring and Control
  • 3. High-Risk Parameters
  • 4. Actions upon Detection of High Risk
  • 5. Verification
  • 6. Verification According to Application Data
  • 7. Refunds of High-Risk Transactions
  • 8. Refusal of Service
  • 9. Right to Refuse Services to Minimize Risks
  • 10. Dispute Resolution
  • 11. Data Storage
  • 12. Prohibited Jurisdictions

1. General Provisions

AML Policy regulates the activity of Easyglobal.org exchange office in relation to anti-money laundering and use of the service for the purpose of money laundering. This AML Policy is based on the Recommendations of the intergovernmental financial monitoring organization FATF (Financial Action Task Force on Money Laundering).

2. Transaction Monitoring and Control

On the basis of this AML Policy the exchange office analyzes, monitors and controls transactions (AML-checking) carried out with the help of Easyglobal.org service.

3. High-Risk Parameters

When verifying transactions (AML check) for anti-money laundering, the Exchange shall focus on high-risk parameters:
  • Child Exploitation
  • Fraud Shop
  • High-Risk Jurisdiction
  • Illicit Actor/Organization
  • Terrorism Financing
  • Dark Service
  • Dark Market
  • Exchange Fraudulent
  • Scam
  • Illegal Service
  • Stolen
  • Mixer
  • Ransom
  • Enforcement Action
  • Gambling
  • Sanctions
  • Capitalist, CommEx, Garantex, Bitpapa.com, NetEx24.net, Rapira.net

4. Actions upon Detection of High Risk

If detailed analysis reveals the presence of high-risk parameters:
  1. Stop execution of the application and withhold the Customer's funds until the incident is fully investigated.
  2. Request User Identity Verification (UID) - Know Your Customer process according to FATF requirements.

5. Verification

The Exchange has the right to request full or simplified verification depending on high-risk parameters.

6. Verification According to Application Data

Identity verification must be provided only with the user data specified in the application.

7. Refunds of High-Risk Transactions

Refunds of client's funds with high-risk parameters are made only after verification of the user's identity (UID) and taking into account the exchange bureau's commission of 10%.
  • 7.1. Commission is due to labor costs of specialists for analysis, processing, and organizing the refund.
  • 7.2. Refund is made only to the details specified in the application.
  • 7.3. Method of returning a high-risk transaction is determined by the exchange office depending on technical feasibility.

8. Refusal of Service

The Exchange has the right to refuse further service to the client upon detection of high-risk transaction parameters.

9. Right to Refuse Services to Minimize Risks

In order to minimize the risks of money laundering and terrorism financing, the Service reserves the right to refuse to provide exchange services at any stage if the exchange is suspected to be connected with money laundering, terrorism financing, or other illegal activities according to the legislation of the country where the Service is placed, the User's country of residence, or international legislation.

10. Dispute Resolution

Any disputes related to these Rules shall be settled by negotiation. If agreement is not reached, all disputes shall be resolved according to the laws of the state of location of the Respondent.

11. Data Storage

Information on exchange operations is stored in the Service database and is the priority source in disputed situations.

12. Prohibited Jurisdictions

List of countries where use of Easyglobal.org service is prohibited: USA, Afghanistan, Somalia, South Sudan, Democratic Republic of Congo, Trinidad and Tobago, Uganda, Vanuatu, Iran, RF, RB.

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