AML Policy

Last updated: January 2025

1. Compliance Framework

CoinVault adheres to FATF recommendations and applicable local AML/CFT regulations, including KYC, ongoing monitoring and suspicious activity reporting.

2. KYC

All users complete identity verification before depositing, including government-issued ID, proof of address and sanctions screening.

3. Transaction Monitoring

Automated and manual review of transactions for unusual patterns, structuring, sanctions hits and high-risk jurisdictions.

4. Reporting

Suspicious Activity Reports (SARs) are filed with the relevant Financial Intelligence Unit. We cooperate with law enforcement within legal limits.

5. Record Keeping

KYC records and transaction history are retained for a minimum of 5 years after account closure.

6. Training

All staff complete annual AML training. Compliance officers hold relevant industry certifications.