AML Policy

Effective Date: 19 December, 2024

Introduction

Bloc is committed to preventing money laundering and terrorist financing. This AML Policy outlines our practices to ensure compliance with legal standards.

Legal Framework

Bloc complies with applicable AML laws, including [Insert Relevant Laws/Regulations].

Customer Due Diligence (CDD)

• Verifying the identity of customers before providing services.
• Collecting and maintaining records of customer information.

Transaction Monitoring

• Monitoring transactions for suspicious activities.
• Reporting any suspicious activity to the relevant authorities.

Employee Training

We provide regular AML training to employees to ensure compliance with legal obligations.

Record Keeping

All customer and transaction records are securely maintained for the required legal period.

Reporting Obligations

Bloc will report suspicious activities to the appropriate authorities in accordance with the law.

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