1. Policy Statement
Autentic is committed to the highest standards of anti‑money‑laundering (AML), counter‑terrorist‑financing (CTF) and sanctions compliance.
2. Regulatory Framework
This Policy aligns with the Financial Action Task Force (FATF) recommendations, EU AML Directives, UK Proceeds of Crime Act, U.S. Bank Secrecy Act and other applicable laws.
3. Customer Due Diligence (CDD)
Risk‑based identification, verification and screening of all Users prior to onboarding.
4. Enhanced Due Diligence (EDD)
Additional measures for high‑risk Users, politically exposed persons (PEPs) and transactions exceeding predefined thresholds.
5. Sanctions Screening
Continuous screening against UN, EU, UK OFSI, U.S. OFAC and other relevant sanctions lists. Access is denied to sanctioned persons and Restricted Jurisdictions.
6. Ongoing Monitoring
Automated and manual checks of transactional activity, with escalation of unusual patterns to the Compliance Officer.
7. Record Keeping
All CDD and transaction records retained for a minimum of five (5) years.
8. Training
Annual AML/CFT training for employees and management.
9. Reporting
Suspicious activity reports (SARs) are filed promptly with the appropriate authorities.