Legal

AML / KYC policy

VAULT EXCHANGE LTD · Company No. 14975953 · England & Wales · Last updated: 10 June 2026

Note: This document is a general template prepared for VAULT EXCHANGE LTD and does not constitute legal advice. It should be reviewed and adapted by a qualified legal professional before being relied upon.

1.Purpose

VAULT EXCHANGE LTD is committed to preventing the use of its services for money laundering, terrorist financing, sanctions evasion or any other financial crime. This policy summarises the framework we apply to detect and deter such activity.

2.Risk-based approach

We apply a risk-based approach consistent with international standards, including the recommendations of the Financial Action Task Force (FATF). The level of due diligence applied to a client and a transaction is proportionate to the assessed risk, taking into account factors such as transaction size, country of settlement, and source of funds.

3.Customer due diligence (KYC)

  • For lower-risk transactions, we verify the essential details needed to complete settlement safely;
  • For transactions above internal thresholds, or where risk indicators are present, we require identity verification — such as a government-issued ID and, where appropriate, proof of source of funds;
  • We do not establish or continue relationships with clients who refuse reasonable verification requests;
  • We screen counterparties against applicable sanctions lists, including UK (OFSI), EU and UN designations.

4.On-chain monitoring

Incoming digital-asset transfers are screened with blockchain-analytics tools. Funds linked to sanctioned addresses, darknet markets, ransomware, exchange hacks or other illicit sources are rejected, and the transaction is declined.

5.Transaction monitoring and records

We monitor transactions for unusual patterns — including structuring, rapid pass-through activity and inconsistency with a client's profile — and we keep records of transactions and due-diligence material for the period required by applicable law.

6.Reporting

Where we know or suspect that funds are connected to criminal activity, we will file the appropriate reports with the relevant authorities and may suspend or terminate the relationship. We are prohibited from informing a client that a report has been made (no tipping-off).

7.Prohibited activity

  • Transactions involving proceeds of crime in any form;
  • Transactions on behalf of undisclosed third parties;
  • Transactions designed to evade sanctions or currency controls;
  • Any use of our services connected with fraud, scams, extortion or the exploitation of others.

8.Staff training and governance

Our personnel receive regular training on financial-crime risks and on this policy. The policy is reviewed periodically and updated to reflect changes in law, regulation and risk.

9.Contact

Questions about this policy, or requests from competent authorities, can be directed to our compliance contact via the channels listed on our website.