Effective Date: September 29, 2026
Last Updated: September 29, 2026
Azness is committed to maintaining a secure and responsible digital asset platform and to preventing its services from being misused for money laundering, terrorist financing, fraud, sanctions evasion, or other illicit financial activities.
This Anti-Money Laundering and Counter-Terrorist Financing Policy (“AML Policy”) describes the framework and controls Azness applies to identify, assess, monitor, and mitigate financial crime risks associated with its platform and services.
Azness follows a risk-based approach and seeks to align its financial crime controls with applicable laws, regulatory requirements, and internationally recognized standards, including relevant principles developed by the Financial Action Task Force (FATF).
The purpose of this AML Policy is to establish controls designed to:
Prevent the misuse of Azness for money laundering and terrorist financing
Identify and verify customers and, where applicable, beneficial owners
Assess and manage customer and transaction risk
Detect potentially suspicious activity
Monitor transactions and account activity
Screen customers and transactions against applicable sanctions requirements
Maintain appropriate records
Cooperate with competent authorities where legally required
Continuously improve Azness's financial crime prevention program
Azness applies a risk-based approach to AML and financial crime prevention.
The level of due diligence and monitoring applied to a customer or transaction may vary depending on factors such as:
Customer profile
Geographic exposure
Products and services used
Transaction activity
Source of funds or wealth, where appropriate
Transaction patterns
Blockchain and wallet activity
Sanctions and screening results
Other relevant financial crime risk indicators
Higher-risk situations may be subject to enhanced due diligence, additional verification, increased monitoring, restrictions, or other appropriate measures.
Azness may require customers to complete identity verification before accessing certain products or services.
Depending on the applicable requirements and risk level, verification may include:
Full legal name
Date of birth
Residential address
Nationality
Government-issued identification
Proof of address
Selfie or liveness verification
Source of funds or source of wealth information
Information regarding the purpose and nature of the customer relationship
Azness may request additional information when required to understand and manage financial crime risks.
Customers are responsible for providing accurate, complete, and up-to-date information.
Azness conducts customer due diligence in accordance with applicable requirements and its risk-based compliance framework.
Customer due diligence may be performed:
When establishing an account or business relationship
When required by applicable law
When customer information changes
When transaction activity creates additional risk
When Azness has concerns regarding potential financial crime
At other appropriate points based on the customer's risk profile
Azness may decline, restrict, suspend, or terminate an account where required information cannot be satisfactorily verified or where continuing the relationship presents unacceptable risk.
Azness may apply Enhanced Due Diligence (“EDD”) to customers, transactions, or relationships presenting higher financial crime risk.
EDD may include:
Additional identity verification
Verification of source of funds or source of wealth
Additional information regarding the purpose of transactions
Additional review of wallet or blockchain activity
Increased transaction monitoring
Additional compliance review
Senior management or compliance approval where appropriate
Azness maintains controls designed to identify customers, transactions, wallets, or other activities that may present sanctions-related risks.
Where required, Azness may screen relevant information against applicable sanctions lists and other legally relevant screening sources.
Where a potential match or sanctions concern is identified, Azness may place temporary restrictions on an account or transaction while the matter is reviewed.
Azness uses risk-based monitoring processes to identify unusual or potentially suspicious activity.
Monitoring may consider factors including:
Unusual transaction patterns
Rapid movement of digital assets
Significant changes in account activity
Transactions inconsistent with a customer's expected profile
Exposure to higher-risk addresses or services
Attempts to circumvent platform controls
Potential fraud indicators
Sanctions-related indicators
Other activity identified through automated or manual monitoring
Monitoring systems and procedures may be updated as financial crime risks and technologies evolve.
Because digital asset transactions are recorded on public or otherwise observable blockchain networks, Azness may use blockchain analytics and transaction-monitoring tools to assess wallet and transaction risk.
Where appropriate, Azness may review transaction history, wallet exposure, and other blockchain-related information to identify potential financial crime risks.
Transactions involving addresses or services associated with illicit activity may be subject to additional review or restrictions.
Where Azness identifies activity that may involve money laundering, terrorist financing, fraud, sanctions violations, or other unlawful activity, the activity may be reviewed by the appropriate compliance personnel.
Where required by applicable law, Azness may submit reports or information to competent authorities or financial intelligence authorities.
Azness may also restrict or suspend relevant accounts, transactions, or services where legally permitted or required.
Azness does not disclose information about suspicious activity reports or related investigations where disclosure is prohibited by applicable law.
Where applicable laws and regulatory requirements require the collection or transmission of information relating to transfers of digital assets, Azness will implement appropriate controls to collect, verify, retain, and transmit the required information.
The information required may depend on the jurisdictions, counterparties, transaction type, and applicable regulatory requirements.
Azness may prohibit or restrict activities that present unacceptable legal, regulatory, financial crime, or security risks.
This may include activities involving:
Money laundering
Terrorist financing
Sanctions evasion
Fraud
Stolen assets
Proceeds of crime
Identity fraud
Unauthorized use of another person's account
Attempts to circumvent AML or KYC controls
Other unlawful activities
Azness may take appropriate action where prohibited or suspicious activity is identified.
Azness maintains appropriate records relating to customer identification, verification, transactions, compliance reviews, and other relevant information in accordance with applicable legal and regulatory requirements.
Records may be retained for the period required by applicable law.
Access to compliance information is restricted to authorized personnel and parties with a legitimate legal or operational need.
Azness recognizes the importance of protecting customer information.
Information collected for AML, KYC, sanctions screening, transaction monitoring, or compliance purposes is handled in accordance with applicable privacy and data protection requirements.
Azness may disclose information to competent authorities, regulators, law enforcement agencies, service providers, or other parties where disclosure is legally required or otherwise permitted.
Azness maintains an AML and financial crime compliance framework that may include:
Customer identification and verification
Risk assessment
Transaction monitoring
Sanctions screening
Blockchain analytics
Suspicious activity investigation
Compliance reviews
Employee training
Internal controls
Record keeping
Periodic review and improvement of AML procedures
Azness may use automated systems, third-party compliance providers, blockchain analytics providers, and manual reviews as part of its financial crime prevention framework.
Relevant Azness personnel may receive training appropriate to their responsibilities relating to AML, CFT, sanctions, fraud prevention, customer due diligence, and financial crime risk management.
Training and procedures may be updated as applicable requirements and emerging risks change.
Azness periodically reviews its AML framework to identify emerging risks and opportunities to improve its controls.
The AML Policy and related procedures may be updated to reflect:
Changes in applicable laws and regulations
Regulatory guidance
Changes in Azness products or services
Emerging financial crime risks
Changes in technology
Internal risk assessments
Lessons identified through monitoring and investigations
Customers are expected to provide accurate information and cooperate with reasonable verification and compliance requests.
Failure to provide requested information may result in delays, restrictions, suspension, or termination of certain services where appropriate.
Azness reserves the right, subject to applicable law and its terms of service, to restrict, suspend, or terminate accounts or transactions where:
Required verification cannot be completed
Information provided is inaccurate or misleading
Suspicious or prohibited activity is identified
Sanctions concerns arise
The account presents unacceptable financial crime risk
Continued access would create legal or regulatory concerns
Azness may not disclose detailed information about certain restrictions or investigations where doing so could compromise compliance processes or violate applicable law.
Azness is committed to maintaining appropriate governance and oversight of its AML and financial crime prevention framework.
Relevant compliance responsibilities may include:
Maintaining AML policies and procedures
Conducting risk assessments
Monitoring customer and transaction activity
Reviewing alerts and investigations
Maintaining appropriate records
Escalating material compliance concerns
Updating controls as risks evolve
The scope of these responsibilities may vary depending on Azness's organizational structure, products, jurisdictions, and applicable regulatory requirements.
Azness may update this AML Policy from time to time to reflect changes in applicable requirements, regulatory guidance, technology, products, services, or financial crime risks.
The latest version will be published on the Azness website where appropriate.
For AML, compliance, or financial crime-related inquiries, please contact:
Compliance Team
Azness
Email: compliance@azness.com
This AML Policy describes Azness's intended financial crime prevention framework and should be read together with Azness's Terms of Service, Privacy Policy, KYC Policy, Risk Disclosure, and other applicable policies.
The application of specific AML/CFT requirements may depend on the jurisdiction in which Azness operates, the services provided, and the applicable legal and regulatory framework.