AML Policy

ANTI MONEY LAUNDERING POLICY

​1. Introduction

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World Blockchain Bank operates under a decentralized framework and adheres to self-regulatory compliance measures. Our Anti-Money Laundering (AML) policy is designed to prevent illegal activities and ensure the security and transparency of financial transactions.

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2. Compliance Framework

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World Blockchain Bank abides by the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention). Each Blockchain Trust® is registered on the Polygon Networks and adheres to the United Nations Commission on International Trade Law (UNCITRAL) regulations.

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3. Anti-Money Laundering Measures

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• Monitoring Transactions: We monitor transactions to detect and prevent suspicious activities, including money laundering and terrorist financing.

• Customer Identification: We implement robust procedures to verify the identity of our customers using both documentary and non-documentary methods.

• Risk Assessment: Regular risk assessments are conducted to ensure our AML measures are effective and up-to-date.

4. Reporting Suspicious Activities

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World Blockchain Bank is committed to reporting any suspicious activities to the relevant authorities as required under international laws and regulations.

5. Training and Awareness

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We provide continuous training to our employees to ensure they are aware of the latest AML regulations and best practices.

6. Record Keeping

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We maintain detailed records of all transactions and customer identification information for a minimum of five years, ensuring transparency and accountability.

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7. Policy Review

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Our AML policy is reviewed and updated regularly to reflect changes in regulations and our business operations.

Contact Information

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For any inquiries or to report suspicious activities, please contact our compliance team at:

compliance@worldblockchainbank.io