🛡️

AML & KYC Policy

Compliance Framework

Statement of Commitment

aurefnex maintains a zero-tolerance policy regarding money laundering and the financing of terrorism. We are committed to international standards including the **Financial Action Task Force (FATF)** recommendations and local regulatory requirements.

User Verification (KYC)

  • Tier 1: Email and Phone verification for basic wallet features and low-volume transactions.
  • Tier 2: Government-issued ID (Passport/Driver's License) and liveness check for increased withdrawal limits.
  • Tier 3: Proof of Address and Source of Wealth documentation for institutional or high-volume accounts.

Ongoing Monitoring

We employ automated blockchain analysis tools to monitor transactions for "red flags," including:

Transactions involving Sanctioned Jurisdictions.
Sudden, unexplained spikes in transaction volume.
Assets linked to known darknet marketplaces or thefts.
Multiple accounts controlled by a single user.

Reporting Obligations

aurefnex reserves the right to freeze accounts and report suspicious activity to the relevant Financial Intelligence Units (FIU) without notifying the user, as required by "anti-tipping off" laws.