Our commitment to regulatory excellence and financial compliance
CryptoBiz operates under a comprehensive regulatory framework designed to ensure the highest standards of financial compliance and consumer protection.
We follow principle-based regulation focusing on outcomes rather than prescriptive rules, ensuring flexibility while maintaining compliance.
Our compliance approach is risk-based, with controls proportionate to the level of risk in different jurisdictions and business activities.
We adhere to international standards including FATF recommendations, Basel principles, and IOSCO guidelines.
CryptoBiz is committed to maintaining the highest standards of regulatory compliance across all jurisdictions where we operate.
We maintain appropriate licenses and registrations in each jurisdiction where we provide services:
Our Anti-Money Laundering (AML) and Know Your Customer (KYC) program exceeds industry standards:
Government-issued photo ID verification with biometric matching and liveness detection
Proof of address documentation verification within 90 days
Documentation and verification of the origin of deposited funds
Comprehensive risk scoring based on multiple factors and behavioral analysis
Additional measures for high-risk customers:
Real-time monitoring and analysis of all transactions:
We maintain strict compliance with global data protection regulations:
Full compliance with EU data protection requirements including data minimization, purpose limitation, and individual rights.
Compliance with California privacy requirements including transparency, access rights, and opt-out mechanisms.
Adherence to Canadian privacy principles and consent requirements.
Compliance with Singapore's data protection framework and notification requirements.
Comprehensive measures to prevent and detect financial crimes:
Multi-layered detection systems, transaction monitoring, and suspicious activity reporting
Real-time sanctions screening, PEP monitoring, and enhanced due diligence procedures
Advanced fraud detection algorithms, device fingerprinting, and behavioral analysis
Market surveillance systems, trade monitoring, and manipulation detection
We fulfill all regulatory reporting requirements across our operating jurisdictions:
Timely filing of suspicious activity reports with relevant financial intelligence units
Automated reporting of transactions exceeding regulatory thresholds
Regular financial and operational reporting to regulatory authorities
Our enterprise risk management framework addresses all aspects of operational and regulatory risk:
Regular independent audits and certifications validate our compliance posture:
Annual audit of security, availability, and confidentiality controls
Information Security Management System certification
Payment Card Industry Data Security Standard compliance
Regular audits by financial regulators across all jurisdictions
Comprehensive compliance training programs ensure all employees understand their obligations:
Mandatory compliance training for all new employees covering AML/KYC, data protection, and regulatory requirements
Annual compliance refresher training covering updates to regulations and internal policies
Role-specific training for high-risk positions including trading, customer service, and compliance teams
Robust incident response procedures ensure swift and effective handling of compliance breaches:
24/7 monitoring systems automatically detect and alert on potential compliance incidents
Immediate investigation by specialized compliance teams with external support when needed
Timely reporting to relevant authorities within required timeframes (24-72 hours)
Implementation of corrective actions and process improvements to prevent recurrence
For compliance-related inquiries, reporting, or assistance:
For senior-level compliance matters and regulatory inquiries
For identity verification, suspicious activity reporting, and AML matters
For regulatory questions, licensing, and government relations
Confidential reporting of compliance violations or ethical concerns
For urgent compliance matters: +1-800-CRYPTO-1
Available 24/7 for time-sensitive compliance issues and suspicious activity reporting