AML Policy
B21 Financial Technology Platform
🛡️ Anti-Money Laundering (AML) Policy
Last updated: August 02, 2025
📋 Quick Summary
Our comprehensive AML program employs advanced monitoring systems and strict compliance measures to detect and prevent money laundering and terrorist financing.
🎯 Our AML Commitment
B21 maintains a comprehensive Anti-Money Laundering program designed to detect, prevent, and report illicit financial activities. We are committed to protecting the integrity of the global financial system through rigorous compliance measures.
⚖️ Regulatory Compliance
We comply with international AML standards including FATF recommendations, BSA requirements, EU AML directives, and local regulations in all jurisdictions where we operate.
📊 Risk Assessment Matrix
We categorize customers and transactions based on comprehensive risk assessments:
Low Risk
- Established customers with clean history
- Low-value transactions
- Domestic transactions
- Regulated entities
- Standard monitoring frequency
Medium Risk
- New customers
- Higher transaction volumes
- Cross-border transactions
- Cash-intensive businesses
- Enhanced monitoring required
High Risk
- PEPs and their associates
- High-risk jurisdictions
- Large cash transactions
- Complex ownership structures
- Continuous monitoring
🔍 Advanced Monitoring Systems
Our state-of-the-art monitoring infrastructure provides comprehensive transaction oversight:
AI Transaction Analysis
Machine learning algorithms analyze transaction patterns in real-time to identify suspicious activities
Behavioral Analytics
Advanced analytics detect deviations from normal customer behavior patterns
Global Sanctions Screening
Real-time screening against international sanctions lists and watchlists
Threshold Monitoring
Automated alerts for transactions exceeding predefined risk thresholds
📋 Reporting Procedures
Our systematic approach to suspicious activity reporting ensures regulatory compliance:
🚨 Detection & Alert
Automated systems or staff identify potentially suspicious activities
🔍 Initial Assessment
Compliance team conducts preliminary review of flagged activities
📊 Detailed Investigation
Comprehensive analysis of transaction history and customer profile
📝 SAR Filing
Suspicious Activity Report filed with relevant financial intelligence units
📋 Record Keeping
Comprehensive documentation maintained for regulatory review
🏛️ Compliance Framework
Our AML compliance framework adheres to international standards:
FATF Standards
Full compliance with Financial Action Task Force recommendations
BSA/USA PATRIOT Act
Bank Secrecy Act and anti-terrorism financing compliance
EU AML Directives
European Union Anti-Money Laundering directives
Basel AML Guidelines
Basel Committee on Banking Supervision standards
Questions or Concerns?
If you have any questions about this policy, please contact us:
Email: info@b21.net
Phone: +2348174522778
