KYC / AML Policy

This Know Your Customer (KYC) and Anti-Money Laundering (AML) Policy ("Policy") outlines the procedures and controls implemented by Kitsune Technologies LLC ("Kitsune," "we," "us," or "our") to prevent money laundering, terrorist financing, and other illicit activities through our website and services (collectively, the "Service").

1. Introduction

Kitsune is committed to complying with all applicable KYC and AML laws and regulations. This Policy is designed to detect, prevent, and report suspicious activities, ensuring the integrity of our financial operations and protecting our users.

2. KYC Procedures

To comply with KYC requirements, Kitsune may collect and verify the identity of its users. This may include, but is not limited to:

  • Identity Verification: Collecting personal information suchs as full name, date of birth, address, and nationality.
  • Document Verification: Requesting copies of government-issued identification documents (e.g., passport, driver's license) and proof of address (e.g., utility bill).
  • Facial Recognition: Utilizing facial recognition technology to compare a user's selfie with their identification document.
  • Enhanced Due Diligence (EDD): For high-risk users or transactions, we may conduct additional due diligence measures, including source of funds verification.

3. AML Procedures

Kitsune implements various AML measures, including:

  • Transaction Monitoring: Monitoring user transactions for unusual patterns, large sums, or suspicious activities.
  • Sanctions Screening: Screening users against international sanctions lists (e.g., OFAC, UN, EU) to prevent transactions with sanctioned individuals or entities.
  • Reporting Suspicious Activity: Reporting suspicious transactions and activities to the relevant regulatory authorities as required by law.
  • Record Keeping: Maintaining records of all transactions and user identification data for the period required by applicable laws.

4. Risk Assessment

Kitsune conducts ongoing risk assessments to identify and mitigate potential money laundering and terrorist financing risks. This includes assessing the risk associated with different user types, geographic locations, products, and services.

5. Compliance Officer

Kitsune has designated a Compliance Officer responsible for overseeing the implementation and enforcement of this KYC/AML Policy. The Compliance Officer is responsible for:

  • Developing and updating the Policy.
  • Monitoring compliance with relevant laws and regulations.
  • Providing training to employees on KYC/AML procedures.
  • Reporting suspicious activities to authorities.

6. User Responsibilities

Users are required to provide accurate and truthful information during the KYC process and to cooperate with any requests for additional information. Failure to comply with KYC/AML requirements may result in the suspension or termination of your account.

7. Governing Law

This KYC/AML Policy shall be governed by and construed in accordance with the laws of the State of Missouri, without regard to its conflict of law principles.

8. Changes to This Policy

We reserve the right to modify or update this KYC/AML Policy at any time. Any changes will be effective immediately upon posting the revised Policy on our website. Your continued use of the Service after such changes constitutes your acceptance of the updated Policy.

9. Contact Us

If you have any questions about this KYC/AML Policy, please contact us at [email protected].