AML / KYC Compliance Policy
Effective Date: March 22, 2026
Maltibase is committed to preventing money laundering, terrorist financing, fraud, and other financial crimes. This AML / KYC Compliance Policy outlines the measures we take to ensure compliance with applicable laws and global regulatory standards.
1. Scope
This Policy applies to all users of Maltibase, including buyers, sellers, service providers, and partners using our marketplace and financial services.
2. Regulatory Commitment
Maltibase implements compliance measures aligned with global standards, including:
- Anti-Money Laundering (AML) regulations
- Know Your Customer (KYC) requirements
- Counter-Terrorism Financing (CTF) frameworks
- Sanctions compliance obligations
3. Identity Verification (KYC)
Maltibase may require users to complete identity verification, including:
- Government-issued identification
- Proof of address
- Business registration documents (for vendors)
- Biometric or facial verification where applicable
Verification may be conducted directly or via third-party providers (e.g., Didit).
4. Customer Due Diligence (CDD)
- Verification of user identity before enabling certain features
- Ongoing monitoring of user activity
- Enhanced due diligence (EDD) for high-risk users
5. Transaction Monitoring
Maltibase monitors transactions for suspicious activity, including:
- Unusual transaction patterns
- High-volume or high-risk transactions
- Rapid movement of funds
- Transactions without legitimate purpose
6. Prohibited Activities
Strictly Prohibited: Any activity involving money laundering, fraud, terrorist financing, or illegal financial conduct.
- Use of the platform to disguise or transfer illicit funds
- Structuring transactions to evade detection
- Use of false or misleading identity information
7. Sanctions Screening
- Users may be screened against global sanctions lists
- Transactions involving sanctioned individuals or regions are prohibited
8. Reporting Obligations
Maltibase may report suspicious activities to regulatory authorities where required by law.
9. Account Restrictions
Maltibase may, at its sole discretion:
- Request additional verification
- Delay or block transactions
- Freeze or restrict accounts
- Suspend or terminate accounts
10. Data Sharing for Compliance
To comply with legal and regulatory obligations, Maltibase may share user data with:
- Payment processors (e.g., Stripe, Paystack, Wise)
- Identity verification providers (e.g., Didit)
- Law enforcement or regulatory authorities
11. User Responsibilities
- Provide accurate and truthful information
- Comply with all applicable laws
- Cooperate with verification and compliance checks
12. Continuous Monitoring
Maltibase maintains ongoing monitoring and risk assessment systems to detect and prevent financial crime.
13. Updates to Policy
This Policy may be updated periodically. Continued use of Maltibase constitutes acceptance of updates.
14. Contact & Support
For compliance-related inquiries:
Support Center: https://support.maltibase.com/