AML & CFT Policy

Policy Statement

Auxite is committed to maintaining the highest standards of financial crime prevention and regulatory integrity. The company has established a risk-based Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) program designed to prevent the misuse of its infrastructure for illicit activities.

Auxite applies internal controls, due diligence procedures, and ongoing monitoring practices aligned with internationally recognized standards and best practices.

Regulatory Alignment

Auxite's compliance framework is informed by globally recognized principles, including:

• Financial Action Task Force (FATF) Recommendations
• Wolfsberg Group Principles
• Basel AML Guidelines
• Applicable international sanctions regimes

Auxite continuously evaluates its policies to remain aligned with evolving regulatory expectations.

Risk-Based Approach

Auxite operates a risk-based compliance model that assesses exposure across multiple dimensions, including:

Enhanced Due Diligence (EDD) measures are applied where elevated risk factors are identified.

Client Due Diligence (KYC)

Auxite conducts Know-Your-Client (KYC) procedures prior to enabling transactional capabilities.

Individual Clients

Verification measures may include:

• Government-issued identification
• Proof of address
• Source of funds verification
• Politically Exposed Person (PEP) screening
• Sanctions checks

Corporate Clients

Additional controls may include:

• Corporate registration documents
• Ultimate Beneficial Owner (UBO) identification
• Authorized signatory verification
• Business activity validation

Auxite reserves the right to request supplementary documentation where necessary.

Sanctions Screening

Auxite screens clients and relevant transactions against major global sanctions lists, including:

• U.S. Office of Foreign Assets Control (OFAC)
• European Union Consolidated List
• UK HM Treasury
• United Nations Sanctions

Matches may result in onboarding rejection, account restriction, or escalation for further review.

Transaction Monitoring

Auxite maintains monitoring controls designed to identify unusual or suspicious activity.

Risk indicators may include:

• Unusual transaction volumes
• Irregular funding patterns
• High-risk jurisdictions
• Structuring behaviors

Where appropriate, activity may be reviewed, restricted, or reported in accordance with applicable obligations.

Record Retention

Auxite maintains client and transaction records in accordance with applicable legal and operational requirements.

Governance and Oversight

Compliance is treated as a core operational function within Auxite. The compliance framework is periodically reviewed and enhanced to reflect regulatory developments and operational growth.

Training and Awareness

Relevant personnel are expected to maintain awareness of financial crime risks and comply with internal procedures designed to support the firm's AML/CFT objectives.

Commitment to Institutional Standards