Compliance Framework

🏛️ Regulatory Framework

AIRAMS Technologies Ltd. operates in compliance with applicable financial regulations and maintains the highest standards of regulatory compliance across all jurisdictions where we provide services.

🛡️ Anti-Money Laundering (AML)

AML Policy

• We maintain comprehensive AML policies and procedures
• All transactions are monitored for suspicious activity
• We report suspicious transactions to relevant authorities
• Regular AML training is provided to all staff

Customer Due Diligence (CDD)

• Enhanced due diligence for high-risk customers
• Ongoing monitoring of customer transactions
• Risk-based approach to customer classification
• Regular review and update of customer information

Suspicious Activity Reporting

• Automated systems monitor for unusual patterns
• Manual review of flagged transactions
• Timely reporting to Financial Intelligence Units
• Comprehensive record keeping of all reports

🔍 Know Your Customer (KYC)

Identity Verification

• Government-issued photo identification required
• Proof of address verification (utility bills, bank statements)
• Enhanced verification for high-value customers
• Biometric verification where available

Source of Funds

• Documentation of income sources required
• Enhanced scrutiny for large deposits
• Ongoing monitoring of funding sources
• Regular updates to source of funds documentation

PEP and Sanctions Screening

• Comprehensive screening against sanctions lists
• Politically Exposed Persons (PEP) identification
• Regular updates to screening databases
• Enhanced due diligence for PEPs

🚨 Financial Crime Prevention

Transaction Monitoring

• Real-time transaction monitoring systems
• Machine learning algorithms for pattern detection
• Risk-based transaction limits
• Automated alerts for suspicious activity

Fraud Prevention

• Multi-factor authentication requirements
• Device fingerprinting and behavior analysis
• IP address and geolocation monitoring
• Advanced encryption for all communications

🔒 Data Protection Compliance

GDPR Compliance

• Lawful basis for processing personal data
• Data subject rights implementation
• Privacy by design principles
• Regular data protection impact assessments

Data Security Standards

• ISO 27001 information security management
• SOC 2 Type II compliance
• Regular security audits and penetration testing
• Employee data protection training

💼 Financial Regulations

Capital Requirements

• Adequate capital reserves maintained
• Regular capital adequacy assessments
• Segregation of client funds
• Professional indemnity insurance

Reporting Requirements

• Regular regulatory reporting
• Audited financial statements
• Compliance monitoring reports
• Incident reporting procedures

⚙️ Operational Compliance

Internal Controls

• Three lines of defense model
• Independent compliance function
• Regular internal audits
• Risk management framework

Staff Training

• Regular compliance training programs
• Anti-money laundering education
• Cybersecurity awareness training
• Code of conduct enforcement

🤝 Third-Party Risk Management

Due Diligence

• Comprehensive vendor risk assessments
• Regular monitoring of third-party providers
• Contractual compliance requirements
• Business continuity planning

Partnership Compliance

• Regulatory approval for key partnerships
• Ongoing monitoring of partner compliance
• Joint compliance frameworks
• Regular compliance audits

🌍 Jurisdictional Compliance

Cayman Islands

• Cayman Islands Monetary Authority (CIMA) regulations
• Virtual Asset (Service Providers) Law compliance
• Anti-Money Laundering Regulations
• Data Protection Law compliance

International Standards

• FATF (Financial Action Task Force) guidelines
• Basel Committee recommendations
• IOSCO principles
• Wolfsberg Group standards

📊 Compliance Monitoring

Ongoing Monitoring

• Regular compliance risk assessments
• Automated compliance monitoring systems
• Management information reporting
• Regulatory relationship management

Audit and Review

• Independent compliance audits
• Regulatory examinations
• Internal compliance reviews
• Continuous improvement processes

📢 Breach Reporting

Incident Response

• Immediate incident containment
• Comprehensive investigation procedures
• Regulatory notification protocols
• Customer communication procedures

Remediation

• Corrective action implementation
• Process improvement initiatives
• Staff retraining programs
• System enhancements

📞 Contact Information

For compliance-related inquiries, please contact our specialized team:

• Compliance: [email protected]

Regulatory Registrations

• Cayman Islands: Virtual Asset Service Provider License
• Additional jurisdictions as required
• Regular renewal and compliance monitoring
• Ongoing regulatory engagement