Anti-Money Laundering (AML)
& Know Your Customer (KYC) Policy

1. Introduction

MiCA Direct Limited (hereinafter referred to as "the Company") is committed to the highest standards of transparency and integrity.

This Anti-Money Laundering (AML) Policy is designed to prevent the Company’s services from being used for money laundering, terrorist financing, or any other financial crimes.

We operate in strict accordance with international AML/CFT (Counter-Financing of Terrorism) standards and applicable local regulations.

2. Policy Objective

• Prevent the Company from being used by money launderers and criminals.
• Protect the reputation of MiCA Direct Limited and its stakeholders.
• Ensure compliance with global regulatory frameworks regarding digital assets and financial services.

3. Know Your Customer (KYC) Procedures

To maintain a secure environment, all users must undergo a robust verification process before accessing our services.

• Individual Verification: Submission of a valid government-issued ID (Passport, National ID, or Driving License) and proof of residence (Utility bill or bank statement).
• Corporate Verification: Submission of Certificate of Incorporation, Memorandum of Association, and details of Ultimate Beneficial Owners (UBOs).
• Sanctions Screening: All users are screened against international sanction lists (e.g., OFAC, UN, EU) to ensure no engagement with prohibited individuals or entities.

4. Transaction Monitoring

MiCA Direct Limited employs advanced monitoring systems to detect suspicious activity, including:

• Unusually large transactions or rapid successions of transfers.
• Transactions involving high-risk jurisdictions.
• Structuring of payments to avoid reporting thresholds.
• Detection of Politically Exposed Persons (PEPs) requiring enhanced due diligence (EDD).

5. Suspicious Activity Reporting (SAR)

If any activity is flagged as suspicious or potentially linked to criminal activity, the Company’s Compliance Officer will conduct an internal investigation.

Where necessary, the Company will report such activities to the relevant financial intelligence units or regulatory authorities without notifying the user, in accordance with the Anti-Tipping Off rule.

6. Record Keeping

The Company maintains records of all customer identification data and transaction logs for a minimum period of five (5) years (or as required by law).

These records are kept securely and are available for inspection by authorized regulatory bodies upon request.

7. Prohibited Actions

• Opening anonymous accounts or accounts in fictitious names.
• Accepting cash payments for digital asset transactions.
• Engaging with users who provide false or misleading information.

8. Training and Compliance

Our team undergoes regular training to stay updated on the latest AML trends, typologies, and regulatory changes.

We ensure that every employee understands their responsibility in identifying and preventing financial crime.