GHF Coin Anti-Money Laundering and Counter-Terrorism Financing Policy
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Last Update 9 maanden geleden
1. Mist AML Platform
GHF Coin uses the Mist platform for anti-money laundering (AML) and counter-terrorism financing (CFT) purposes. The Mist platform is a powerful tool with multi-dimensional, comprehensive, and richly visualized control components designed to help GHF Coin effectively identify and address malicious address data and address entity label data.
Multi-Dimensional Data: The Mist platform provides multi-dimensional data analysis capabilities, allowing GHF Coin to observe and analyze user trading behavior from different perspectives. This includes time-series analysis, geographic distribution, and frequency of transactions. Multi-dimensional views help the exchange gain a comprehensive understanding of user behavior, quickly identify abnormal or suspicious trading patterns.
Malicious Address Data: The Mist platform monitors and screens users' digital asset addresses through its built-in malicious address database. These malicious addresses may be related to money laundering, terrorism financing, fraud, or other illegal activities. By comparing with this database, GHF Coin can timely detect and block transactions related to malicious addresses, ensuring platform security and compliance.
Address Entity Label Data: The Mist platform also provides comprehensive address entity label data, which classifies and tags entities behind different addresses. These labels can include individual users, businesses, government agencies, and other entities, helping the exchange identify potential high-risk entities. Accurate definition of address entities allows GHF Coin to better understand its user base and perform appropriate risk assessments and due diligence.
Visual Control Components: The Mist platform features rich visual control components, allowing GHF Coin to intuitively view and analyze a large volume of AML/CFT data. Users can use interactive charts, graphs, and maps to delve into data correlations and patterns. This visualization helps the exchange's team to quickly identify risks, optimize decision-making, and strengthen monitoring and handling of suspicious activities.
We are committed to AML/CFT efforts and always perform due diligence on customers and natural persons acting on their behalf. We strictly follow high ethical standards in dealing with customers, striving to avoid business relationships that may involve money laundering or terrorism financing. We also commit to cooperating with relevant authorities to prevent and combat money laundering and terrorism financing threats.
We conduct risk assessments on customers, products, services, and geographic locations, and implement appropriate risk mitigation measures based on the assessment results. For suspected customers, we perform enhanced due diligence and closely monitor their trading activities to ensure the security and compliance of the platform.
For new products, businesses, and technologies, we conduct thorough risk assessments, especially focusing on digital tokens with potential anonymity, to ensure they comply with AML/CFT requirements.
GHF Coin strictly adheres to the principle of not opening anonymous or fictitious accounts. We report suspicious transactions related to the source of customer funds and report to financial intelligence agencies. For customers who have a business relationship with us, engage in transactions, or transfer digital token values, we implement CDD measures and regularly review customer information, especially for high-risk customers, with enhanced monitoring.
To ensure the true identity of customers, we obtain their full name, unique identification number (such as ID number, birth certificate number, or passport number), and date of birth. For legal entities or statutory arrangements, we also obtain information on their legal form, organizational structure, and the powers binding the entity or statutory arrangement, as well as identifying their associated parties.
We investigate and verify the identity of any beneficial owners related to customers. For high-risk categories of customers, we implement enhanced CDD measures and obtain approval from senior management.
GHF Coin continuously monitors business relationships with customers and reviews transactions in their accounts to ensure they align with our understanding of the customer, business, and risks. We pay special attention to complex, unusually large, or transactions with no apparent economic or lawful purpose, and investigate and record findings. Our monitoring system is equipped with the Mist AML platform to ensure timely identification and handling of suspicious transactions and activities.
For politically exposed persons and their family members or close associates, we take reasonable measures to determine their true identity and perform enhanced due diligence, including identifying the source of their wealth and funds, and conducting enhanced monitoring.
GHF Coin does not accept any payments in the form of bearer negotiable instruments and does not make any cash payments during business operations.
To comply with regulatory requirements, we retain appropriate records for at least 5 years to ensure that all transactions and customer information are properly preserved.
In summary, GHF Coin adopts comprehensive policies and measures for anti-money laundering (AML) and counter-terrorism financing (CFT). We use the Mist platform as a powerful tool for AML and CFT, employing multi-dimensional data analysis, malicious address data monitoring, address entity label data classification, and visual control components to ensure our platform can comprehensively, timely, and accurately identify and address potential illegal activities. We are committed to providing a secure and compliant trading environment for our users and actively contributing to the prevention of money laundering and terrorism financing activities.