AML & KYC Compliance Policy

Newzander's AML/KYC Compliance Program is designed to prevent the use of our platform for money laundering, terrorist financing, sanctions evasion, or other financial crimes. Our program is based on internationally recognized standards including FATF Recommendations, applicable local AML legislation, and industry best practices.

2.1 Individual Accounts

All users may be required to complete identity verification at any time, including:

• Government-issued photo ID (passport, national ID, driver's license)
• Proof of address (utility bill, bank statement — not older than 3 months)
• Biometric verification (selfie with ID, where required)
• Phone number verification

2.2 Business / Vendor Accounts

Business vendors are subject to enhanced due diligence, including:

• Certificate of incorporation or business registration
• Business address verification
• Beneficial ownership disclosure (individuals owning 25% or more)
• Director/officer identification
• Business bank account verification

2.3 Enhanced Due Diligence

Politically Exposed Persons (PEPs), high-risk countries, and high-value transaction accounts are subject to Enhanced Due Diligence (EDD), which may include source of funds documentation and senior management approval.

Newzander employs automated and manual transaction monitoring to detect suspicious activity. Red flags include:

• Unusual transaction volumes inconsistent with stated business activity
• Multiple transactions just below reporting thresholds (structuring)
• Transactions involving high-risk jurisdictions or sanctioned entities
• Rapid movement of funds without corresponding commercial activity
• Inconsistent buyer/seller behavior patterns
• Payments from multiple unrelated sources for a single account

Newzander screens all users and transactions against applicable sanctions lists, including OFAC (US), EU Consolidated Sanctions List, UN Security Council Sanctions, and other relevant international sanction regimes. Transactions involving sanctioned persons, entities, or restricted jurisdictions are blocked automatically.

Newzander does not facilitate transactions with persons or entities in countries subject to comprehensive trade sanctions, unless licensed exemptions apply. Users are responsible for ensuring their transactions comply with all applicable export controls and sanctions regulations.

Where required by applicable law, Newzander files Suspicious Activity Reports (SARs) or equivalent filings with relevant financial intelligence units. We are legally prohibited from disclosing to affected users that a SAR has been filed ("tipping off" prohibition).

Accounts under AML investigation may have transactions frozen, funds held, and services suspended without advance notice.

USDT (TRC-20) is accepted solely as a payment method for goods and services transacted on the Platform. Newzander is not a cryptocurrency exchange, investment platform, or digital asset service provider. USDT transactions are subject to the same AML/KYC screening as fiat transactions. Newzander screens blockchain wallet addresses against known illicit address databases.