AML & KYC Policy

1. Introduction

SolCex is committed to maintaining a secure and compliant trading environment. This Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy outlines the principles and procedures implemented to prevent money laundering, terrorist financing, fraud, and other illicit activities on the platform.

SolCex adopts a risk-based approach designed to support financial integrity while protecting the platform and its users.

2. Identity Verification

To access certain services, users may be required to complete identity verification procedures. Verification may include the collection and review of personal information, government-issued identification, biometric verification, and other supporting documentation where necessary.

SolCex reserves the right to determine the level of verification required based on internal compliance standards.

3. Risk-Based Approach

SolCex applies a risk-based methodology when assessing users and transactions. Accounts that present higher risk may be subject to enhanced due diligence measures, including additional verification, ongoing monitoring, and source-of-funds inquiries.

4. Ongoing Monitoring

User activity is continuously monitored through internal controls and automated systems designed to detect unusual or suspicious behavior. Where appropriate, SolCex may request additional information to better understand account activity.

5. Suspicious Activity

SolCex reserves the right to investigate accounts and transactions that appear irregular or inconsistent with expected behavior. Where required, suspicious activity may be reported to relevant authorities in accordance with applicable laws and regulatory expectations.

6. Sanctions and Restricted Jurisdictions

Access to the platform may be restricted for users located in certain jurisdictions or associated with prohibited activities. SolCex reserves the right to limit or deny services where compliance risks are identified.

7. Record Keeping

SolCex maintains records related to identity verification and transaction activity in accordance with legal and operational requirements. These records help support security, compliance obligations, and investigative processes when necessary.

8. Non-Compliance

Failure to complete required verification procedures or provide requested documentation may result in restricted account functionality, temporary suspension, or account termination. SolCex reserves the right to take appropriate action to protect the platform.

9. Policy Updates

SolCex may update this AML & KYC Policy periodically to reflect regulatory developments, operational changes, or evolving risk standards. Updated versions become effective upon publication on the platform.

10. Commitment to Compliance

SolCex is committed to strengthening its compliance framework and supporting global efforts to combat financial crime while maintaining a secure environment for legitimate users.