Peerlinkx is committed to maintaining the highest standards of compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
This policy outlines the procedures we follow to prevent the use of our platform for money laundering, terrorist financing, fraud, or other illegal activities.
By using Peerlinkx, you agree to comply with this AML/KYC Policy.
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1. Purpose of This Policy
The purpose of this AML/KYC Policy is to:
• Verify the identity of our users.
• Monitor and report suspicious transactions.
• Comply with applicable laws and regulations in the jurisdictions where we operate.
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2. Customer Identification (KYC)
To use Peerlinkx services, users may be required to provide identification documents such as:
• Full legal name
• Government-issued photo ID (passport, national ID card, or driver’s license)
• Proof of address (utility bill, bank statement, or equivalent document issued within the last 3 months)
• For businesses: company registration documents and proof of authorized representatives
Peerlinkx reserves the right to request additional information where necessary.
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3. Verification Process
• All documents are reviewed for authenticity.
• Inconsistent, altered, or fraudulent documents will result in account suspension or termination.
• Verification must be completed before transactions exceeding certain thresholds are processed.
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4. Anti-Money Laundering (AML) Measures
Peerlinkx actively monitors transactions for suspicious activity, including:
• Unusually large transactions inconsistent with the user’s profile
• Structuring transactions to avoid reporting thresholds
• Transactions involving sanctioned individuals, entities, or jurisdictions
If suspicious activity is detected, Peerlinkx will:
• Suspend the transaction
• Request additional information from the user
• Report the activity to relevant authorities where required by law
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5. Sanctions Compliance
Peerlinkx will not provide services to individuals or entities listed on any relevant international sanctions lists, including but not limited to:
• United Nations Security Council Sanctions List
• US Office of Foreign Assets Control (OFAC)
• European Union Sanctions List
• UK HM Treasury Sanctions List
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6. Record Keeping
We maintain records of:
• User identification documents
• Transaction history
• Communications related to KYC and AML investigations
These records will be securely stored for a minimum of five years or longer if required by law.
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7. User Responsibilities
Users agree to:
• Provide accurate and truthful information during registration and verification.
• Promptly update any changes to their personal or business details.
• Not engage in illegal activities using Peerlinkx services.
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8. Enforcement and Termination
Failure to comply with this policy may result in:
• Immediate account suspension
• Termination of services
• Reporting to law enforcement or regulatory bodies
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9. Amendments
Peerlinkx reserves the right to update or amend this AML/KYC Policy at any time. Continued use of our services after changes means you accept the revised policy.
