AML/CTF Policy
Our commitment to combating money laundering and terrorism financing.
AML/CTF Policy
Australian Hotcoin Global Exchange Pty Ltd, trading as Hotcoin Exchange, is a reporting entity registered with and regulated by AUSTRAC and is required to comply with the Anti-Money Laundering and Counter-Terrorism Financing Act and Rules in Australia. As a reporting entity, Hotcoin Exchange has a range of obligations and maintains an AML/CTF Compliance Program which regulates our internal procedures. For us to provide you designated services, we are required under the applicable laws and regulations in Australia to comply with a series of compliance obligations including but are not limited to customer identification and verification obligations. We screen our customers in accordance with our internal procedures and requirements. We will refrain from providing designated services if we have not satisfactorily completed our risk screening and onboarding obligations.
We also refrain ourselves from providing designated services in certain circumstances such as when a high-risk jurisdiction is involved or a politically exposed person is involved.
If you have any questions about our AML/CTF compliance procedures and what this means to you, please contact our compliance team via
hotcoin@hotcoinexchange.com
.