Australian Lawyer Draft AML/CTF Program and Know Your Customer Procedures for Bitcoin ATM's
Budget: $500 – $1,000 AUD
AUSTRALIAN LAWYERS ONLY!
Bitcoin ATM's (Digital Currency Exchange)
Provide further information including a response to a questionnaire issued under Section 75 of the AML/CTF Act, which may also accompany a request for the provision of your AML/CTF Program, and your National Police History check for yourself and any other key personnel.
Draft a compliant AML/CTF Program, which is a business specific document, that contains in two parts, how you are going to identify and mitigate the risks you face based on your business activity, products and services you offer and customer type. This Part A, also need to have a Transaction Monitoring Program and Enhanced Customer Due Diligence Program.
Part B of your program is your KYC or Know Your Customer procedures.
Please note, you must identify a customer before providing them with the designated service. The threshold of the transaction is irrelevant in KYC requirements.
Bitcoin ATM's (Digital Currency Exchange)
Provide further information including a response to a questionnaire issued under Section 75 of the AML/CTF Act, which may also accompany a request for the provision of your AML/CTF Program, and your National Police History check for yourself and any other key personnel.
Draft a compliant AML/CTF Program, which is a business specific document, that contains in two parts, how you are going to identify and mitigate the risks you face based on your business activity, products and services you offer and customer type. This Part A, also need to have a Transaction Monitoring Program and Enhanced Customer Due Diligence Program.
Part B of your program is your KYC or Know Your Customer procedures.
Please note, you must identify a customer before providing them with the designated service. The threshold of the transaction is irrelevant in KYC requirements.