Aurex AML Policy

1. Principles

Aurex adheres to international Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) standards, including FATF recommendations.

2. Customer Due Diligence (KYC)

2.1. The Service applies identification procedures in the following cases:

• the value of a single transaction exceeds $10,000 equivalent;
• the customer's total transaction volume over 30 days exceeds $30,000 equivalent;
• the transaction raises reasonable suspicions about the source of funds;
• upon request from regulatory authorities.

2.2. As part of KYC, the Service may request:

• an identity document;
• proof of residential address;
• information about the source of funds.

3. Transaction Monitoring

3.1. All cryptocurrency addresses involved in transactions are screened via AML providers for links to:

• sanctions lists (OFAC, UN, EU);
• darknet and illegal marketplaces;
• known fraud schemes;
• terrorist financing.

3.2. If a match is found, the Service is entitled to:

• suspend or cancel the transaction;
• request additional documents;
• decline the transaction without explanation.

4. Prohibited Operations

The Service does not engage with:

• funds whose origin raises reasonable suspicion;
• addresses on sanctions lists;
• transactions intended to finance prohibited activities;
• persons subject to international sanctions.

5. Data Protection

5.1. Documents and information obtained during KYC are stored encrypted and used solely for AML/CTF purposes.

5.2. Documents are retained for 5 years following the customer's last transaction, in line with international practice.

5.3. The Service does not share customer data with third parties except as required by applicable law.

6. Regulatory Cooperation

The Service cooperates with authorized government bodies in cases provided for by applicable law.

7. Contacts

AML policy questions: @AurexOTCBot