These are the policy and procedures adopted by Coinfinax in compliance with the Money Laundering and Terrorist Financing Regulations. The business will actively prevent and take measures to guard against being used as a medium for money laundering and terrorism financing activities or any other illicit activity.
To these ends, the identities of all new and existing customers will be verified to a reasonable level of certainty and any suspicious activity will be reported. Records of all identity checks will be maintained for up to 5 years.
Coinfinax will ensure that all documents, data or information held in evidence of customer identity are kept up to date.