AML and CFT Compliance Statement

Anti-Money Laundering (AML) and Combating the Finance of Terrorism (CFT) Compliance Statement

We, XY Finance, are firmly committed to participating in international efforts to combat money laundering and the funding of terrorist and criminal activities. Our paramount goal is to uphold a safe and compliant environment for all users and stakeholders.

As part of our AML and Anti-Terrorist financing compliance efforts, we adhere to embargo regulations applicable in the EU, the Office of Foreign Assets Control (OFAC), and in the jurisdiction in which any of our branch or office is domiciled.

By using our DeFi protocol and products, you acknowledge and agree to comply with all applicable laws, regulations, and guidelines related to anti-money laundering, counter-terrorist financing, and sanctions.

Please be advised that to ensure adherence to prohibitions and identify suspicious activities, we reserve the right to monitor, investigate, and take necessary actions against any suspicious or illegal activities, which may include:

1. Freezing or seizing funds that are suspected to be directly or indirectly derived from illicit activities or have ties to sanctioned individuals or entities.

2. Rejecting or blocking transactions or addresses associated with questionable sources of funds or activities that violate our terms of service.

3. Cooperating with law enforcement agencies, regulatory bodies, or government authorities in their investigations related to money laundering, terrorist financing, or any other illegal activities.

4. Implementing and updating our AML/ CFT policies and procedures to align with the latest industry standards and regulatory requirements.

As a DeFi protocol, we do not require users to provide personal information for account creation. However, by using our protocol and products, you agree to ensure that your wallet and any associated funds are devoid of any connections to illicit activities or sanctioned entities. You acknowledge that failure to comply with applicable laws and regulations may result in fund freezing or seizure, along with the reporting of suspicious activities to the relevant authorities.

We are dedicated to ensuring a transparent, secure, and compliant DeFi ecosystem. Should you have any questions or concerns regarding our AML / CFT policies, please contact our compliance team at [e-mail].

Thank you for your understanding and cooperation in maintaining a safe and compliant environment.

XY Finance Compliance Team