🛡️ Compliance Standards

AML & KYC
Policy

Comprehensive Compliance Program

Our compliance framework is led by an empowered Chief Compliance Officer and dedicated legal team

We have implemented a comprehensive Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) program in accordance with the Bank Secrecy Act (BSA), which includes robust Know Your Customer (KYC) procedures, transaction monitoring, and reporting. Our culture of compliance is absolute, providing our clients with the assurance that they are operating with a trusted partner that prioritizes regulatory adherence and long-term sustainability.

Know Your Customer (KYC) Requirements

Robust identity verification procedures for all platform users

Individual Account Verification

Identity Documentation

  • • Government-issued photo identification (passport, driver's license, or national ID)
  • • Proof of address (utility bill, bank statement, or government correspondence)
  • • Self-declared source of funds information

Verification Process

  • • Real-time identity verification using advanced technology
  • • Document authenticity checks and validation
  • • Biometric verification for enhanced security
  • • Sanctions and watchlist screening

Corporate Account Verification

Corporate Documentation

  • • Certificate of incorporation or equivalent
  • • Articles of association or operating agreement
  • • Beneficial ownership information (UBOs)
  • • Board resolutions and authorized signatory lists

Enhanced Due Diligence

  • • Business purpose and nature of operations
  • • Financial information and business relationships
  • • Politically Exposed Person (PEP) screening
  • • Ongoing monitoring and periodic reviews

Anti-Money Laundering Program

Comprehensive framework for detecting and preventing financial crimes

Transaction Monitoring

Real-time monitoring of all transactions using advanced analytics to detect suspicious patterns and behaviors.

Sanctions Screening

Comprehensive screening against global sanctions lists including OFAC, UN, EU, and other jurisdictional watchlists.

Suspicious Activity Reporting

Mandatory reporting of suspicious activities to FinCEN and relevant authorities in accordance with regulatory requirements.

Staff Training

Regular training programs for all staff on AML/CFT obligations, red flags identification, and compliance procedures.

Ongoing Monitoring and Risk Assessment

Continuous Transaction Monitoring

All customer transactions are subject to ongoing monitoring using sophisticated analytics and machine learning algorithms. Our system automatically flags transactions that deviate from established patterns or exceed predetermined thresholds for manual review by our compliance team.

Risk-Based Approach

We employ a risk-based approach to customer due diligence, with enhanced procedures for higher-risk customers, including those from high-risk jurisdictions, politically exposed persons (PEPs), and customers with complex business structures or unusual transaction patterns.

Record Keeping

NKSCX maintains comprehensive records of all customer identification information, transaction records, and compliance documentation in accordance with applicable record-keeping requirements. These records are securely stored and readily available for regulatory examination.

Independent Testing

Our AML program is subject to regular independent testing and audit by qualified external parties to ensure its effectiveness and compliance with applicable regulations. We continuously update our procedures based on regulatory guidance and industry best practices.

Compliance Inquiries

For questions regarding our AML/KYC procedures or to report suspicious activities, please contact our Compliance Department:

NKSCX Compliance Department

Email: [email protected]

For general inquiries, visit our Contact page.