AML/CFT Policy for DIGI7 BLOCKCHAIN

AML/CFT (Anti-Money Laundering/Counter Financing of Terrorism) Policy tailored to DIGI7 BLOCKCHAIN.

1. Introduction
DIGI7 BLOCKCHAIN ("we," "us," or "our") is committed to combating money laundering and the financing of terrorism. This AML/CFT Policy outlines our commitment to complying with applicable regulations and implementing robust measures to prevent our platform from being used for illicit activities.

2. Risk Assessment
We conduct regular risk assessments to identify and assess the money laundering and terrorism financing risks associated with our blockchain platform. This includes evaluating the nature of our business, customer base, geographical locations, and transactional patterns.

3. Customer Due Diligence (CDD)
We implement robust customer due diligence procedures to verify the identity of our users and assess the risk associated with their transactions. This includes: - Collecting sufficient information to identify customers and beneficial owners. - Conducting ongoing monitoring of customer transactions for suspicious activities. - Implementing enhanced due diligence measures for high-risk customers.

4. Transaction Monitoring
We employ advanced transaction monitoring systems to detect and report suspicious activities on our platform. This includes setting thresholds for reporting unusual or large transactions and conducting ongoing monitoring of transactional patterns.

5. Reporting and Record-Keeping
We maintain comprehensive records of customer identification, transactions, and AML/CFT measures undertaken. We have procedures in place for reporting suspicious activities to the relevant authorities in accordance with regulatory requirements.

6. Training and Awareness
We provide regular training to our employees to ensure they are aware of AML/CFT regulations and can identify potential money laundering or terrorism financing activities. This includes training on recognizing red flags, reporting procedures, and the importance of compliance.

7. Compliance Oversight
We appoint a designated compliance officer responsible for overseeing our AML/CFT compliance efforts. The compliance officer is tasked with conducting periodic reviews of our policies, procedures, and controls to ensure effectiveness and adherence to regulations.

8. Sanctions Compliance
We screen customers and transactions against international sanctions lists to ensure compliance with sanctions regimes. This includes implementing procedures to identify and report any matches with sanctioned individuals or entities.

9. Internal Controls
We maintain robust internal controls to mitigate AML/CFT risks, including segregation of duties, dual authorization for high-risk transactions, and regular audits of our AML/CFT processes.

10. Third-Party Relationships
We establish clear guidelines for managing relationships with third parties, including vendors and partners, to ensure they comply with AML/CFT standards. This includes conducting due diligence on third parties and monitoring their activities for compliance.

11. Updates and Amendments
We review and update our AML/CFT Policy regularly to reflect changes in regulations or the business environment. Any amendments to the policy are communicated to employees and users in a timely manner.

12. Confidentiality
We maintain strict confidentiality regarding AML/CFT-related matters, including the reporting of suspicious activities. Information related to AML/CFT compliance is only shared with authorized personnel on a need-to-know basis