Compliance
USD1 Limited adheres to a full Institutional grade compliance vetting protocol which is undertaken for each issuance and redemption of USD1
This protocol is compliant with global FATF recommendations, the international anti-money laundering and combating the financing of terrorism and proliferation (AML/CFT) standards, and the FATF methodology to assess the effectiveness of AML/CFT systems
There is a minimum level of compliance that needs to be achieved to qualify as an issuer or redeemer of USD1
Client data and records are kept as per regulatory requirements
Annual refresh of client details is undertaken, and clients will have to undertake onboarding again if this refresh fails or they refuse to reply

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