ANTI-MONEY LAUNDERING (AML) POLICY

    Last Updated:16 March 2026

    1. Introduction

    NeUSD (“the Project”) is committed to preventing money laundering, terrorist financing, fraud, and other financial crimes.
    This Anti-Money Laundering (AML) Policy outlines the standards and procedures implemented to ensure compliance with international financial regulations and best practices.

    NeUSD follows global AML principles based on guidance from the Financial Action Task Force (FATF), international banking standards, and applicable regulations in jurisdictions where services are offered.

    1. Scope

    This policy applies to all users, partners, and participants interacting with NeUSD services, including but not limited to:

    • Platform users
      • Token holders
      • Banking service applicants
      • Debit card applicants
      • Business partners and affiliates
    1. Know Your Customer (KYC)

    To comply with AML regulations, NeUSD may require users to complete identity verification before accessing certain services.

    KYC procedures may include:

    • Full legal name
      • Date of birth
      • Nationality
      • Residential address
      • Government-issued identification (e.g., passport)
      • Proof of address documentation

    Users may also be required to provide additional information where necessary.

    1. Source of Funds Verification

    NeUSD reserves the right to request information regarding the origin of funds used on the platform.

    Acceptable sources may include:

    • Employment income
      • Business income
      • Investment returns
      • Crypto asset holdings
      • Other legitimate sources

    If suspicious activity is detected, further verification may be required.

    1. Sanctions Compliance

    NeUSD strictly prohibits participation from individuals or entities located in or associated with sanctioned jurisdictions.

    Users may not participate if they are:

    • Listed on international sanctions lists
      • Residents of sanctioned countries
      • Individuals associated with terrorism financing or criminal activities

    Sanctions lists may include those issued by:

    • OFAC (United States)
      • United Nations
      • European Union
      • Other applicable regulatory bodies
    1. Politically Exposed Persons (PEP)

    Users who are classified as Politically Exposed Persons (PEPs) may be subject to enhanced due diligence procedures.

    Additional verification may be required before services are provided.

    1. Transaction Monitoring

    NeUSD may implement monitoring mechanisms to detect unusual or suspicious activities, including but not limited to:

    • Unusual transaction patterns
      • Large or irregular transfers
      • Activity inconsistent with declared source of funds

    Suspicious transactions may be reviewed or reported in accordance with applicable laws.

    1. Risk-Based Approach

    NeUSD applies a risk-based approach to AML compliance.
    Users may be subject to different levels of verification depending on their geographic location, transaction size, and overall risk profile.

    1. Refusal of Service

    NeUSD reserves the right to refuse or terminate services if a user:

    • Fails to complete KYC verification
      • Provides false or misleading information
      • Is suspected of illegal financial activity
    1. Record Keeping

    NeUSD may retain user verification and transaction records for regulatory compliance purposes.

    1. Cooperation with Authorities

    NeUSD may cooperate with law enforcement authorities and regulatory bodies where required by law.

    1. Updates to This Policy

    NeUSD reserves the right to update this AML Policy at any time to reflect regulatory changes or operational improvements.

    Users are encouraged to review this policy periodically.

    1. Contact

    For compliance-related inquiries, please contact:

    info@neusd.io