1. Commitment
Coinverse is committed to full compliance with India’s Anti-Money Laundering (AML) regulations and the guidelines issued by FIU-IND (Financial Intelligence Unit – India).
2. Monitoring
Every transaction is screened against AML risk parameters. We monitor for unusual patterns, structuring, and transactions inconsistent with a client’s declared profile.
3. Reporting
Where required by law, we file Suspicious Transaction Reports (STRs) and Cash Transaction Reports (CTRs) with the relevant authorities. We cooperate fully with lawful regulatory and investigative requests.
4. Source of Funds
For large or high-risk transactions, clients may be asked to provide documentation evidencing the legitimate source of their funds.
5. Prohibited Activity
We do not facilitate transactions linked to money laundering, terror financing, sanctioned entities, or any other illegal activity. Accounts found in violation are terminated immediately.