Anti-Money Laundering (AML) Policy

Number1 is committed to preventing money laundering and terrorist financing by implementing robust AML controls and monitoring.

Purpose

To prevent the misuse of our services for unlawful activities and ensure compliance with applicable laws and regulations.

AML Procedures

• Transaction monitoring and periodic reviews.
• Reporting suspicious activity to the relevant authorities.
• Applying verification thresholds based on risk and transaction size.
• Maintaining clear records for compliance audits.

User Obligations

• Provide accurate and truthful information when requested.
• Cooperate with compliance investigations and requests.
• Avoid attempts to bypass AML controls.

Suspicious Activity

Large unexplained transactions, repeated small transactions to evade checks, or mismatched identity details may be flagged and reported.