This policy sets out the controls, governance standards, and monitoring framework used by Shield Safety Wallet to detect, prevent, and respond to money laundering, terrorist financing, and other prohibited financial activity.
Effective Date
August 8, 2026
Coverage
Onboarding, Transactions, Monitoring
Policy Type
Financial Crime Compliance
Shield Safety Wallet maintains a risk-based AML and counter-terrorist financing framework designed to identify and prevent misuse of financial services. Compliance controls are aligned with applicable statutory and regulatory obligations in relevant jurisdictions.
Compliance governance is supported by designated oversight roles responsible for implementing AML controls, reviewing risk events, maintaining internal procedures, and coordinating regulatory responses when required.
Customer due diligence may include identity checks, beneficial ownership verification, source-of-funds inquiry, and enhanced due diligence for elevated-risk profiles, transactions, or geographies.
We may screen users and activity against sanctions, watchlists, and other relevant risk intelligence sources. Positive or potential matches are escalated for additional review and control decisions.
Transactions and behavioral patterns are monitored for indicators of unusual or suspicious activity, including structuring, rapid movement patterns, high-risk destinations, or account takeover signals.
Where required by law, suspicious activity may be escalated internally and reported to competent authorities. We may cooperate with lawful requests from regulators and law-enforcement agencies.
Accounts may be restricted, suspended, or terminated when AML concerns arise, including incomplete verification, evasion attempts, sanctioned activity, or other indicators of prohibited conduct.
We retain records relevant to onboarding, risk assessments, account actions, and transaction investigations for periods required by applicable law and regulatory standards.
This policy is reviewed periodically to reflect legal changes, operational risk trends, and control effectiveness. Relevant personnel receive periodic awareness and process training aligned with role responsibilities.
For compliance-related questions about this AML Policy, please contact us through the official support channels listed on the website.
