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Compliant Policy

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Global PayTech Compliance Policy

  1. Introduction
     Global PayTech is committed to upholding the highest standards of compliance with international and local regulatory frameworks. This Compliance Policy outlines our approach to adhering to legal, financial, and ethical obligations to ensure a secure and transparent financial ecosystem.
  2. Regulatory Compliance
     Global PayTech complies with all applicable laws and regulations, including but not limited to:
  • Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) laws.
  • Data protection regulations such as GDPR, CCPA, and other regional frameworks.
  • Financial regulations governing payment processing and digital transactions.
  • Sanctions compliance is enforced by regulatory bodies such as OFAC, UN, and EU authorities.
  1. Know Your Customer (KYC) & Due Diligence
     We implement rigorous KYC and customer due diligence measures, including:
  • Identity verification of individuals and businesses using reliable documentation.
  • Risk-based assessment of customers based on their activities and jurisdictions.
  • Ongoing monitoring to detect and mitigate potential financial crimes.
  1. Anti-Money Laundering (AML) & Counter-Terrorist Financing (CTF)
  • Strict transaction monitoring to detect suspicious activities.
  • Filing of Suspicious Activity Reports (SARs) with relevant financial authorities.
  • Conducting Enhanced Due Diligence (EDD) on high-risk clients and transactions.
  1. Data Protection & Privacy
  • Ensuring compliance with GDPR, CCPA, and other applicable privacy laws.
  • Secure storage and processing of customer data.
  • Providing individuals with rights over their personal data, including access and deletion requests.
  1. Internal Compliance Controls
  • Appointment of a Compliance Officer to oversee regulatory adherence.
  • Regular audits and internal reviews to ensure compliance effectiveness.
  • Mandatory training programs for employees on compliance requirements.
  1. Reporting & Whistleblower Policy
  • Employees and stakeholders can report compliance concerns confidentially.
  • Protection against retaliation for whistleblowers reporting in good faith.
  • Prompt investigation and corrective actions for reported compliance violations.
  1. Sanctions Screening & Politically Exposed Persons (PEP) Monitoring
  • Screening of customers against global sanction lists.
  • Enhanced monitoring for transactions involving PEPs and their associates.
  1. Risk Management & Continuous Improvement
  • Regular risk assessments to identify and mitigate compliance risks.
  • Updating policies and procedures based on regulatory changes and industry best practices.
  1. Contact & Compliance Inquiries
     For any compliance-related inquiries, please contact our Compliance Team at [email protected].