AML / KYC Policy

Section 01

Company Details

Section 02

Payments / Merchant of Record (MoR)

For certain payment methods, payments for the Services are processed by FVTECH LTD, a Cyprus entity, acting as Merchant of Record ("MoR"). Where applicable, FVTECH LTD will be identified to the Customer during checkout and/or on the payment statement descriptor.

FVTECH LTD and/or applicable payment partners may perform compliance checks and may require the Customer to complete verification steps as a condition to processing payments or enabling withdrawals.

Section 03

Purpose and Scope

The purpose of this Policy is to:

• Prevent and detect misuse of the Services for money laundering, terrorist financing, sanctions evasion, fraud, or other financial crime
• Apply risk-based customer due diligence (CDD) and KYC checks
• Define restrictions, enhanced due diligence (EDD), and escalation procedures
• Describe recordkeeping and privacy safeguards related to AML/KYC

This Policy applies to all Users, including any person who attempts to create an account, purchase products, request withdrawals, or otherwise interact with the Services.

Section 04

Legal and Regulatory Context

FundedVerse is incorporated in Saint Lucia and adopts a risk-based AML/CTF compliance program aligned with the AML/CTF framework applicable in Saint Lucia, as well as internationally recognized compliance expectations and sanctions screening practices.

Nothing in this Policy constitutes a representation that FundedVerse is licensed as a bank, broker, payment institution, or other regulated financial institution, unless explicitly stated in separate official licensing disclosures (if any).

Section 05

Prohibited Jurisdictions and Sanctions Compliance

Section 06

Risk-Based Approach and Red Flags

We apply a risk-based methodology that may consider, among other factors:

• Residence/nationality and geo-IP location signals
• Payment method risk, chargeback/refund signals, and velocity
• Mismatches between identity details and payment instrument information
• Multiple accounts, account sharing indicators, or abnormal device/IP patterns
• Unusual refund behavior, rapid withdrawal attempts, or attempts to circumvent KYC
• Repeated failed verification attempts or suspected document manipulation

If red flags are detected, we may escalate the Customer for manual review and apply Enhanced Due Diligence (EDD).

Section 07

KYC / Customer Due Diligence (CDD)

Section 08

Enhanced Due Diligence (EDD)

We may apply EDD measures where higher risk is identified, including (non-exhaustive):

• Suspected sanctions exposure or proximity
• PEP indicators or close associate/family relationship indicators (where relevant)
• Adverse media risk
• Unusual payment/refund/withdrawal patterns
• Repeated failed verification attempts or suspected synthetic identity signals
• Use of VPN/proxy signals combined with other risk indicators

EDD may include additional documents, additional verification steps, manual compliance review, and approval.

Section 09

Refusals, Suspension, and Termination

We may refuse onboarding, suspend Services, block purchases, delay/deny withdrawals, or terminate accounts if:

• KYC cannot be completed successfully
• Documents appear forged, altered, or inconsistent
• Information provided is false, misleading, incomplete, or cannot be verified
• We reasonably suspect money laundering, terrorist financing, sanctions evasion, fraud, or misuse
• The Customer is linked to a Prohibited Jurisdiction or otherwise fails screening

Where appropriate and feasible, funds may be returned via the original payment method, subject to compliance and fraud controls, chargeback risk, and any applicable rules of FVTECH LTD and our payment partners.

Section 10

Monitoring and Investigation

We maintain controls designed to detect suspicious or unusual activity, which may include:

• Transaction monitoring (patterns, velocity, anomalies)
• Device/IP and behavioral signals
• Chargeback/refund monitoring and fraud indicators
• Manual compliance reviews

We may request additional information at any time to resolve concerns.

Section 11

Reporting and Cooperation

Where required or appropriate, we may escalate suspicious activity internally and may share information with competent authorities, payment partners, FVTECH LTD, and service providers, consistent with applicable laws and confidentiality constraints. We also comply with lawful requests for information.

Section 12

Recordkeeping

We retain KYC/CDD records, communications, and relevant transaction data for a period consistent with applicable requirements and our legitimate compliance needs. Records may be retained electronically and protected with appropriate security measures.

Section 13

Data Protection and Privacy

We process personal data for AML/KYC, fraud prevention, sanctions screening, and security purposes. We may share data with:

• The independent verification provider
• FVTECH LTD and payment processors
• Fraud prevention vendors
• Competent authorities where legally required or permitted

For details, refer to our Privacy Policy available on the website.

Section 14

Policy Updates

We may amend this Policy periodically. The updated version will be published on our website and will apply as of the "Last Updated" date.

Section 15

Contact

For AML/KYC-related questions, contact us at: