This Anti-Money Laundering (AML) Policy (the “Policy”) outlines the procedures and measures that this Crypto Website Fidarzi Ltd ( The Company) has put in place to ensure compliance with anti-money laundering laws and regulations.
Risk Assessment: The Company will conduct a risk assessment to identify and evaluate the money laundering and terrorist financing risks associated with its operations. The risk assessment will be reviewed periodically to ensure that it remains up-to-date.
Know Your Customer (KYC): The Company will implement a KYC program to verify the identity of its customers. The KYC program will include collecting and verifying customer identification documents, performing due diligence checks, and ongoing monitoring of customer accounts for suspicious activity.
Customer Due Diligence (CDD): The Company will conduct customer due diligence on all customers, including both individuals and entities, before establishing a business relationship. The CDD process will include verifying customer identification, understanding the nature and purpose of the business relationship, and assessing the risk of money laundering and terrorist financing.
Enhanced Due Diligence (EDD): The Company will conduct enhanced due diligence on customers that pose a higher risk of money laundering or terrorist financing. The EDD process will include additional identity verification, increased monitoring, and additional documentation to support the business relationship.
Transaction Monitoring: The Company will monitor all transactions for suspicious activity, including those conducted through its platform and those involving cryptocurrencies. The monitoring process will include automated and manual reviews, as well as the use of third-party data sources and tools.
Reporting: The Company will report any suspicious activity to the relevant authorities in accordance with applicable laws and regulations. The Company will also maintain records of all transactions and customer identification information in accordance with applicable laws and regulations.
Staff Training: The Company will provide training to all staff members on AML regulations and the Company’s AML policies and procedures. The training will be provided on a regular basis and will be tailored to the specific roles and responsibilities of each staff member.
Independent Review: The Company will engage an independent auditor or compliance professional to review its AML policies and procedures on a periodic basis to ensure that they remain effective and up-to-date.
Conclusion: The Company is committed to preventing money laundering and terrorist financing and will take all necessary measures to ensure compliance with applicable laws and regulations. The Company’s AML policies and procedures will be reviewed and updated on a regular basis to ensure their effectiveness in combating financial crime