Anti-Money Laundering and Counter-Terrorist Financing User Guidelines
In order to effectively fulfill legal obligations related to Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF), prevent criminals from using digital asset trading platforms to conduct illegal activities, protect users’ legitimate rights and interests, and ensure the stable operation of the platform, TEBBIT hereby formulates these “Anti-Money Laundering and Counter-Terrorist Financing User Guidelines” (hereinafter referred to as the “Guidelines”).
Article 1 Purpose and Legal Basis
Money laundering and terrorist financing activities seriously endanger financial order and public interests, may foster corruption, breed crime, disrupt market order, and pose significant risks to the platform’s compliant operations and reputation.
TEBBIT, in accordance with applicable anti-money laundering and counter-terrorist financing laws and regulations, regulatory requirements, and internal compliance systems, establishes and improves risk management mechanisms to prevent, identify, and report relevant illegal activities.
Article 2 Scope of Application
These Guidelines apply to all users who register on TEBBIT and use related services.
When using the platform services, users shall also comply with the anti-money laundering and counter-terrorist financing laws and regulations applicable in their country or region. If local laws are stricter than these Guidelines, local laws shall prevail.
Article 3 Anti-Money Laundering and Counter-Terrorist Financing Management
TEBBIT strictly prohibits any individual or organization from using the platform to conceal, disguise, or transfer illegal proceeds and their sources or nature. Relevant illegal activities include but are not limited to:
Drug-related crimes Organized crime of a mafia-type nature Terrorist activities Smuggling crimes Corruption and bribery Financial fraud Crimes disrupting financial management order Other serious illegal and criminal activities as stipulated by laws and regulations
To prevent the above risks, the platform will, in accordance with the law, implement customer identification, risk classification, transaction monitoring, abnormal behavior identification, and suspicious transaction reporting measures.
Article 4 Basic Principles of Anti-Money Laundering
TEBBIT follows the principles below in carrying out AML and CTF work:
(1) Principle of Comprehensiveness
Implement risk identification and monitoring for all users to comprehensively cover potential risks.
(2) Principle of Prudence
Reasonably assess risks and adopt appropriate management measures based on a full understanding of customer identity, source of funds, and transaction behavior.
(3) Principle of Continuity
Continuously monitor customer risk status and dynamically adjust management strategies according to risk changes.
(4) Principle of Confidentiality
Protect user identity information, transaction information, and risk assessment information in accordance with the law. Except as required by laws or regulatory authorities, such information shall not be disclosed to unrelated entities or individuals.
(5) Principle of Tiered Management
Implement differentiated management according to customer risk levels and strengthen due diligence and continuous monitoring for high-risk customers.
Article 5 Customer Identification and Document Review
The platform shall review, verify, and retain user identity information and related documents in accordance with the AML customer identification system.
Where necessary, the platform has the right to verify relevant information with competent authorities or lawful institutions. Users shall actively cooperate with identity verification and due diligence procedures.
Article 6 Risk Level Management
(1) Low-Risk Customer Management
For customers assessed as low-risk, the platform will conduct routine monitoring in accordance with internal systems. The platform reserves the right to adjust customer risk levels based on transaction behavior or risk changes.
(2) High-Risk Customer Management
For customers assessed as high-risk, the platform shall conduct a review at least once every six months, including but not limited to:
Updating basic identity information; Verifying the source and purpose of funds; Understanding economic or business conditions; Reviewing the rationality of transaction behavior.
Where necessary, the platform may implement enhanced due diligence, restrict certain functions, or take other risk control measures.
Article 7 User Compliance Obligations
To ensure account security and compliant platform operations, users shall fulfill the following obligations:
Shall not lend, transfer, or authorize others to use their accounts; Shall not rent, lend, or transfer identity documents or related identification materials; Shall not disclose account information, passwords, or other important security information; Shall actively cooperate with identity verification, risk investigation, and inquiry procedures.
If users violate the above provisions, the platform has the right to take measures including but not limited to account restrictions, suspension of services, or termination of services in accordance with laws and platform rules.
Article 8 Reporting of Suspicious Activities
If users discover any accounts or transactions that may involve money laundering or terrorist financing, they shall promptly report them to the platform.
The platform will review the relevant information in accordance with the law and take corresponding measures in compliance with legal and regulatory requirements.
Article 9 Interpretation and Amendments
TEBBIT reserves the right to amend these Guidelines in accordance with laws and regulations, regulatory policies, or business development needs. Amendments will be announced through official website notices or other appropriate channels.
The final right of interpretation of these Guidelines belongs to TEBBIT.