KYC & AML

Block Technology Ltd. ("We" or "our") is committed to applying anti-money laundering (AML) measures in the process of delivery of the services. Our staff is committed to pursuing the highest standards of AML and Know Your Customer (KYC) compliance to mitigate the risk of our services being used to facilitate financial crimes. AML Policy is the procedure to prevent our services from being used for purposes of money laundering, terrorist financing or any other financial criminal activity. KYC measures are part of the AML Policy. The objective of KYC measures is to enable companies to know their customers and be able to mitigate the abovementioned risks. We may update such procedures in the future to assure the compliance with the laws and best AML practice. In this AML Policy we are dedicated to follow the provisions specified in the Maltese AML laws, EU AML laws and international AML standards. We have implemented this AML Policy to ensure that all the necessary AML/KYC procedures are taken in order to achieve full compliance of the services. In case of any suspicious or unusual transactions we undertake appropriate measures to address those risks. All our staff handling transactions may ask for additional documents such as proof of address, source of fund or employment status etc., as deemed appropriate. In case of any suspicious activity, false documents or non-cooperation by the customer we may reject the customer's documents, close existing accounts and terminate the business relationship.