Skip to main content

Compliance

Overview​

The compliance system ensures adherence to regulatory requirements through integrated identity verification, anti-money laundering checks, and accredited investor verification. It provides configurable approval workflows and compliance settings to match specific regulatory environments.

Key Features​

KYC Verification​

  • Identity Verification

    • Integration with third-party verification providers
    • Document upload and processing
    • Identity verification status tracking
    • Administrator review and approval interface

  • Document Verification Workflow

    • Secure document submission interface
    • Automated document validation checks
    • Manual review by transfer agents
    • Status updates and follow-up requests

Address Verification​

  • Wallet Address Binding

    • Connect and verify blockchain wallet ownership
    • Cryptographic signature verification
    • Binding wallets to verified identities
    • Multiple wallet support per user

  • Proof of Ownership

    • Challenge-response verification process
    • Transaction capability only after verification
    • Security measures to prevent address spoofing

AML Checks​

  • Anti-Money Laundering Screening

    • Automated background checks during onboarding
    • Integration with AML databases and services
    • Risk score calculation and flagging
    • Ongoing monitoring for changes in status

  • Risk Management

    • Configurable risk thresholds
    • Alert system for high-risk indicators
    • Detailed case management for flagged accounts
    • Audit trail of all verification activities

Accredited Investor Status​

  • Income/Asset Verification

    • Documentation collection for accreditation
    • Financial information validation
    • Periodic re-verification requirements
    • Compliance with regulatory definitions

  • Documentation Management

    • Secure storage of accreditation evidence
    • Expiration tracking and renewal notifications
    • Historical record of verification status

Compliance Settings​

  • Approval Requirements

    • Configurable approval workflows
    • Role-based approval assignments
    • Mandatory review thresholds
    • Exception handling processes

  • Tenant-Specific Rules

    • Customizable compliance parameters
    • Jurisdiction-specific rule sets
    • Auto-approval thresholds configuration
    • Mandatory sign-off requirements

User Benefits​

  • Regulatory Confidence: Assurance that all activities comply with relevant regulations
  • Streamlined Process: Efficient verification flows minimize friction for legitimate users
  • Reduced Risk: Comprehensive checks protect all platform participants
  • Adaptability: Configurable settings accommodate different regulatory environments
  • Transparency: Clear status indicators throughout the compliance process

Implementation Details​

User Verification Flow​

  1. User begins KYC verification process from profile
  2. User uploads required identity documents
  3. System performs automated validation and third-party verification
  4. Transfer agent reviews documentation if required
  5. User receives verification status updates
  6. Additional information requests if necessary
  7. Completion of verification unlocks platform functionality

Administrator Configuration​

  1. Administrator accesses compliance settings
  2. Configures approval thresholds and requirements
  3. Sets tenant-specific rules and parameters
  4. Defines which actions require approvals
  5. Configures notification rules for compliance events