Korven One Anti-Money Laundering (AML) Policy

Korven One is committed to preventing money laundering, terrorist financing, fraud, financial crime, and other illicit activities.

This AML Policy establishes the framework used by Korven One to identify, assess, monitor, and mitigate financial crime risks across all Korven One products and services.

This Policy applies to:

• Korven One Customers
• Wallet Users
• Merchants
• Developers
• Business Accounts
• Marketplace Operators
• Partners
• Employees
• Contractors
• Agents
• Third-Party Service Providers

Korven One's AML Program aims to:

• Prevent financial crime
• Detect suspicious transactions
• Identify high-risk users
• Comply with applicable regulations
• Protect the integrity of the Korven One platform
• Support banking and financial partnerships

Korven One applies a risk-based approach to compliance. Risk factors may include:

• Geographic location
• Transaction volume
• Transaction frequency
• Business activity
• User verification level
• Funding source
• Beneficiary relationships

Each account may be assigned a risk score.

Korven One may collect and verify:

Individual Users

• Full Name
• Date of Birth
• Phone Number
• Email Address
• Government Identification
• Selfie Verification
• Address Information

Businesses

• Business Name
• Registration Information
• Ownership Information
• Authorized Representatives
• Tax Information

Additional verification may be required for:

• High-risk customers
• Large transactions
• Politically Exposed Persons (PEPs)
• High-risk industries
• Cross-border transactions

Enhanced reviews may include:

• Additional identification
• Source of funds verification
• Source of wealth verification
• Manual compliance review

Korven One monitors transactions to identify unusual or suspicious activity. Examples include:

• Unusual transfer patterns
• Rapid movement of funds
• Large transaction volumes
• Structuring attempts
• Multiple linked accounts
• High-risk jurisdictions
• Suspicious merchant behavior

Monitoring may be automated and manual.

Korven One may investigate:

• Suspicious transactions
• Suspicious account activity
• Fraud indicators
• Identity concerns
• Compliance concerns

Accounts may be temporarily restricted while reviews are conducted.

Korven One may screen users, businesses, and transactions against:

• OFAC Lists
• United Nations Sanctions Lists
• European Union Sanctions Lists
• Other applicable sanctions databases

Accounts associated with sanctioned persons or entities may be restricted or terminated.

Korven One may identify and monitor Politically Exposed Persons. Additional review measures may apply to:

• Current officials
• Former officials
• Family members
• Close associates

The Korven One platform may not be used for:

• Money laundering
• Terrorist financing
• Human trafficking
• Fraud
• Corruption
• Bribery
• Illegal gambling
• Illegal goods
• Sanctions evasion
• Identity theft
• Financial crime

Violations may result in account suspension or termination.

Korven One may retain:

• Identity verification records
• Transaction records
• Compliance reviews
• Risk assessments
• Audit logs

Records may be maintained in accordance with applicable legal and regulatory requirements.

Korven One employees and contractors must:

• Follow AML procedures
• Report suspicious activity
• Protect customer information
• Participate in compliance training

Failure to comply may result in disciplinary action.

Korven One may periodically review:

• AML controls
• Transaction monitoring systems
• Risk models
• Compliance procedures
• Internal controls

Korven One may utilize:

• Risk Scoring Systems
• Fraud Detection Systems
• Transaction Monitoring Systems
• Sanctions Screening Tools
• Behavioral Analytics
• Device Monitoring
• AI-Assisted Risk Analysis

Where required by law, Korven One may:

• Respond to lawful requests
• Cooperate with regulatory authorities
• Provide information required by legal processes

Korven One may:

• Freeze accounts
• Restrict transactions
• Delay withdrawals
• Require additional verification
• Suspend services

where necessary to manage legal, regulatory, security, or financial crime risks.

Korven One shall maintain:

• Compliance oversight
• Risk management controls
• Audit procedures
• Security monitoring
• Internal reporting mechanisms

Korven One may update this AML Policy periodically. Updates will be published through Korven One's website or services.

Korven One Compliance Department

Email: compliance@korvenone.com

Email: aml@korvenone.com

Support: support@korvenone.com

Website: https://korvenone.com

The official version of this AML Policy is the English version. Translations may be provided in:

• Haitian Creole
• French
• Spanish

In case of conflict, the English version shall prevail.