AML & CFT Statement
Our Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) framework ensures full compliance with international regulations, protecting our customers and preventing misuse of the financial system.
Anti-Money Laundering (AML) & Counter-Financing of Terrorism (CFT) Statement
At Ryvopay, we are fully committed to maintaining the highest standards of compliance with all applicable Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) regulations.
We recognize the critical role we play in protecting the integrity of the financial system and preventing its misuse for illegal purposes. To achieve this, we have implemented a comprehensive compliance framework that includes:
- Customer Due Diligence (CDD) during onboarding
- Ongoing transaction monitoring and risk assessments
- Employee training programs to ensure awareness and vigilance
- Timely reporting of suspicious or unusual activities to relevant authorities
While the specific details of our compliance policies and procedures remain confidential and proprietary, we affirm that they are designed in accordance with international standards, including the recommendations of the Financial Action Task Force (FATF) and other applicable local and global regulatory frameworks.
Why We Perform Customer Due Diligence (CDD)
As part of our compliance and onboarding obligations, Ryvopay collects and verifies identity documentation to confirm the legitimacy of our customers. This process helps us:
- Prevent financial crime, money laundering, and terrorist financing
- Promote secure and transparent use of our platform
- Ensure compliance with local and international regulations
Our CDD measures may include identity verification, beneficial ownership disclosures, customer risk assessments, and continuous monitoring of accounts and transactions to detect and report suspicious activity.
If you have any questions or concerns regarding our AML/CFT policies or procedures, please contact our compliance team at support@ryvopay.com.