1. Purpose and Scope

ai-stakes.com is committed to maintaining the highest standards of integrity, transparency, and regulatory compliance in the provision of its AI trading services. This AML policy outlines the measures and procedures implemented to prevent the use of our services for money laundering, terrorist financing, and other illicit activities.

2. Customer Due Diligence (CDD)

2.1. Customer Identification: Ai-stakes.com will establish and verify the identity of all customers using reliable and independent sources of information. This includes obtaining identification documents, proof of address, and any necessary business registration details.

2.2. Risk-Based Approach: Ai-stakes.com will assess the level of risk associated with each customer and transaction, considering factors such as the customer’s geographic location, business activities, and transaction patterns. Enhanced due diligence measures will be applied to high-risk customers.

3. Know Your Customer (KYC)

3.1. Information Collection: Ai-stakes.com will gather relevant information about customers, including their name, date of birth, contact details, and beneficial ownership information for corporate customers.

3.2. Ongoing Monitoring: Ai-stakes.com will continuously monitor customer accounts and transactions for any suspicious activity, updating customer profiles and conducting periodic reviews of their risk profiles.

4. Transaction Monitoring

4.1. Automated Systems: Ai-stakes.com will implement sophisticated AI-powered transaction monitoring systems to detect and report any unusual or suspicious patterns of activity.

4.2. Suspicious Activity Reporting: Any identified suspicious transactions or activities will be promptly reported to the appropriate authorities in accordance with applicable laws and regulations.

5. Record-Keeping

ai-stakes.com will maintain comprehensive records of customer identification data, transaction history, and any reports made to the authorities. These records will be securely stored for the required duration as mandated by applicable laws and regulations.

6. Employee Training and Awareness

6.1. Training Programs: Ai-stakes.com will provide regular training sessions to employees to ensure they are aware of their responsibilities in identifying and reporting suspicious activities, understanding AML regulations, and following internal AML policies and procedures.

6.2. Reporting Obligations: Employees will be educated on their duty to report any suspicious transactions or red flags to the designated compliance officer.

7. Risk Assessment and Management

ai-stakes.com will conduct regular risk assessments to identify and evaluate potential money laundering and terrorist financing risks associated with its AI trading services. Appropriate risk management measures and controls will be implemented to mitigate identified risks.

8. Compliance Management

ai-stakes.com will appoint a dedicated compliance officer responsible for overseeing and enforcing the AML policy. The compliance officer will ensure ongoing compliance with relevant AML laws and regulations, conduct internal audits, and update the policy as necessary.

9. Cooperation with Authorities

ai-stakes.com will cooperate fully with relevant regulatory authorities and law enforcement agencies, providing them with any necessary information and assistance in combating money laundering, terrorist financing, and other financial crimes.

10. Policy Review and Updates

This AML policy will be reviewed periodically to ensure its effectiveness and compliance with evolving AML regulations. Any updates or amendments will be communicated to employees and relevant stakeholders.

By adhering to this AML policy, Ai-stakes.com aims to protect its services from being used for illicit purposes, maintain the trust of its customers, and contribute to the global efforts against money laundering and financial crime.