- Identity Verification: All customers are required to submit valid, government-issued identification, such as a passport, national ID card, or driver's licence. These documents are fundamental to confirming a customer's identity and ensuring the legitimacy of all transactions carried out on our platform.
- Verification of Residential Address: Alongside identity verification, we may request proof of residential address. Acceptable documentation includes utility bills or bank statements, which enable us to confirm the accuracy of the address provided by the customer.
- Enhanced Due Diligence (EDD): In circumstances involving elevated risk — such as suspected money laundering or terrorist financing — we apply enhanced due diligence measures. This may involve additional identity checks, source-of-funds enquiries, and comprehensive risk evaluations.
- Transaction Monitoring: We employ advanced monitoring systems to track and review transactions conducted through the AURUS Holdings platform. This includes identifying suspicious patterns, unusually large or frequent transactions, and other potential indicators of illicit activity.
- Suspicious Activity Reporting: Should any transactions or behaviours be identified that may be connected to money laundering, terrorist financing, or other unlawful acts, we will report them without delay to the relevant regulatory authorities, in full compliance with applicable laws and regulations.
- Regular Updates: To ensure our records remain current, we may periodically request updated information from customers, including identification documents or proof of address. This practice helps us maintain the accuracy and completeness of customer data held on our platform.
- Risk Assessment: We carry out ongoing risk assessments to identify and mitigate any potential risks arising from customer activity. This involves evaluating risk profiles based on factors such as jurisdiction, the nature of business activities, and transaction history.
- Data Security: AURUS Holdings applies industry-standard security measures to protect customer data, including encryption, secure storage solutions, access controls, and routine system audits to preserve the integrity of our infrastructure.
- Confidentiality: We uphold strict confidentiality in all matters relating to customer information, disclosing data only to authorised personnel and strictly in accordance with legal and regulatory obligations.
- Employee Training: AURUS Holdings delivers regular training to all relevant staff to ensure a thorough understanding of our AML and KYC policies. This equips employees to recognise, escalate, and report suspicious activity in a timely and accurate manner.
- Compliance with Laws and Regulations: AURUS Holdings complies with all applicable AML and KYC requirements, both domestic and international, ensuring that our operations remain fully aligned with the legal standards necessary to safeguard our platform and the clients we serve.