AML

As a regulated financial institution, OakCrypto is committed to complying with Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) regulations. These regulations are in place to prevent the use of financial services for illicit activities, such as money laundering and terrorist financing.

To meet our obligations, OakCrypto has implemented an AML/CFT compliance program that includes policies, procedures, and controls to prevent, detect, and report suspicious activities. We perform thorough customer due diligence and ongoing monitoring of customer accounts, including screening for Politically Exposed Persons (PEPs) and sanctions lists.

We take a risk-based approach to AML/CFT compliance, which means that we assess the level of risk associated with each customer and transaction, and adjust our due diligence and monitoring accordingly. In addition, we have trained our staff to identify and report suspicious activities and have designated a compliance officer to oversee our AML/CFT program.

OakCrypto is committed to maintaining the highest standards of compliance and transparency, and we work closely with regulatory authorities to ensure that our AML/CFT program meets or exceeds all legal requirements. By doing so, we are helping to create a safer and more secure financial system for all.