1. Purpose
Bisimpli is committed to preventing money laundering, terrorist financing, and other illicit activity.
Effective Date: January 17, 2026
2. Customer Due Diligence
We apply Know Your Customer (KYC) procedures including identity verification, risk assessment, and ongoing monitoring.
3. Enhanced Due Diligence
Higher‑risk customers may be subject to additional checks, including source of funds and source of wealth verification.
4. Transaction Monitoring
We monitor transactions for suspicious activity and may request additional information for review.
5. Sanctions Screening
Bisimpli screens customers and transactions against applicable sanctions lists and may restrict access where required.
6. Reporting Obligations
Suspicious activity is reported to relevant authorities in accordance with applicable law.
7. Prohibited Use
Using Bisimpli to conceal or disguise the proceeds of crime, facilitate fraud, or evade sanctions is strictly prohibited.
8. Recordkeeping
We retain KYC records and transaction data as required by law and regulation.
9. Program Updates
Our AML program is reviewed and updated to reflect regulatory changes and evolving risks.
10. Contact
Questions about compliance should be directed through the Help Center.