Anti-Money Laundering (AML) &
KYC Policy
Anti-Money Laundering (AML) & KYC Policy
Last updated: March 1, 2025
GSX Solutions PVT, Delhi, India (“GSX Solutions”), the owner and operator of USDT Marketplace, is committed to preventing money laundering, terrorist financing, and other financial crimes. This AML/KYC Policy is designed to ensure compliance with applicable Indian financial regulations, international AML laws, and best practices to protect the integrity of our platform. By using USDT Marketplace, all users agree to adhere to this policy.
GSX Solutions PVT, Delhi, India (“GSX Solutions”), the owner and operator of USDT Marketplace, is committed to preventing money laundering, terrorist financing, and other financial crimes. This AML/KYC Policy is designed to ensure compliance with applicable Indian financial regulations, international AML laws, and best practices to protect the integrity of our platform. By using USDT Marketplace, all users agree to adhere to this policy.
Objectives of the AML/KYC Policy
Prevent illegal activities, including money laundering, terrorism financing, human trafficking, and fraud.
Prevent illegal activities, including money laundering, terrorism financing, human trafficking, and fraud.
Ensure compliance with Indian and international AML/KYC regulations.
Detect and report suspicious activities to the relevant authorities.
Protect our platform and users from being misused for financial crimes.
Ensure compliance with Indian and international AML/KYC regulations.
Detect and report suspicious activities to the relevant authorities.
Protect our platform and users from being misused for financial crimes.
Customer Identification & Verification (KYC Procedures)
To ensure compliance, some users may be asked for additional KYC verification before using our platform.
To ensure compliance, some users may be asked for additional KYC verification before using our platform.
1. Example of Documents for KYC
All users must provide the following:
Government-Issued ID (Aadhaar Card, PAN Card)
Selfie Verification (Real-time facial recognition for identity match)
Proof of Address (Utility bill or bank statement, if required)
Bank Account Details (Must match the name on KYC documents)
2. KYC Process & Verification
Users must submit KYC documents during registration.
GSX Solutions will verify documents using AI-driven compliance software.
Users may be required to provide additional information based on risk assessment.
If suspicious activity is detected, GSX Solutions reserves the right to suspend or terminate the account.
1. Example of Documents for KYC
All users must provide the following:
Government-Issued ID (Aadhaar Card, PAN Card)
Selfie Verification (Real-time facial recognition for identity match)
Proof of Address (Utility bill or bank statement, if required)
Bank Account Details (Must match the name on KYC documents)
2. KYC Process & Verification
Users must submit KYC documents during registration.
GSX Solutions will verify documents using AI-driven compliance software.
Users may be required to provide additional information based on risk assessment.
If suspicious activity is detected, GSX Solutions reserves the right to suspend or terminate the account.
Sanctions & Politically Exposed Persons (PEP) Screening
1. GSX Solutions screens users against:
Sanction Lists (United Nations, European Union, UK Treasury, US OFAC)
PEP Databases (Politically Exposed Persons & close associates)
2. Screening Process:
At user registration (initial onboarding).
During periodic AML compliance checks.
Monthly database re-screening for all active users.
1. GSX Solutions screens users against:
Sanction Lists (United Nations, European Union, UK Treasury, US OFAC)
PEP Databases (Politically Exposed Persons & close associates)
2. Screening Process:
At user registration (initial onboarding).
During periodic AML compliance checks.
Monthly database re-screening for all active users.
If a user is flagged in a sanctions list, their account will be immediately suspended, and relevant authorities will be notified.
If a user is flagged in a sanctions list, their account will be immediately suspended, and relevant authorities will be notified.
Compliance & AML Officer
GSX Solutions has appointed an AML Compliance Officer, responsible for:
GSX Solutions has appointed an AML Compliance Officer, responsible for:
Ensuring AML/KYC policy enforcement
Monitoring transactions & reporting suspicious activity
Maintaining records of KYC documents
Interacting with regulatory bodies & law enforcement
Ensuring AML/KYC policy enforcement
Monitoring transactions & reporting suspicious activity
Maintaining records of KYC documents
Interacting with regulatory bodies & law enforcement
The AML Compliance Officer has the authority to request additional verification, freeze accounts, or escalate reports to authorities.
The AML Compliance Officer has the authority to request additional verification, freeze accounts, or escalate reports to authorities.
Risk Assessment & Monitoring
GSX Solutions employs a risk-based approach to monitor user activity and detect potential fraud.
GSX Solutions employs a risk-based approach to monitor user activity and detect potential fraud.
1. Risk Classification
Users are classified into Low, Medium, and High-Risk Categories based on:
Transaction volume & frequency
User location & PEP status
Any suspicious behavior detected by AI-based monitoring
2. Automated & Manual Transaction Monitoring
Real-time fraud detection algorithms analyze transaction patterns.
High-value or unusual transactions are manually reviewed by the AML team.
Suspicious activity is flagged for investigation & reporting.
1. Risk Classification
Users are classified into Low, Medium, and High-Risk Categories based on:
Transaction volume & frequency
User location & PEP status
Any suspicious behavior detected by AI-based monitoring
2. Automated & Manual Transaction Monitoring
Real-time fraud detection algorithms analyze transaction patterns.
High-value or unusual transactions are manually reviewed by the AML team.
Suspicious activity is flagged for investigation & reporting.
Record-Keeping & Data Retention
GSX Solutions maintains detailed records of all user transactions and KYC documentation for a minimum of 5 years as per regulatory requirements. These records include:
GSX Solutions maintains detailed records of all user transactions and KYC documentation for a minimum of 5 years as per regulatory requirements. These records include:
User KYC data (ID verification, address, risk classification)
Transaction history (USDT deposits, INR withdrawals)
Suspicious activity reports (SARs)
User KYC data (ID verification, address, risk classification)
Transaction history (USDT deposits, INR withdrawals)
Suspicious activity reports (SARs)
Records may be shared with regulatory bodies if required by law.
Records may be shared with regulatory bodies if required by law.
Reporting of Suspicious Transactions
GSX Solutions will immediately report suspicious activity to:
GSX Solutions will immediately report suspicious activity to:
Financial Intelligence Unit - India (FIU-IND)
Law enforcement agencies (if required by legal order)
Financial Intelligence Unit - India (FIU-IND)
Law enforcement agencies (if required by legal order)
Examples of Suspicious Transactions:
Examples of Suspicious Transactions:
Multiple transactions just below reporting limits (structuring).
Deposits or withdrawals from high-risk jurisdictions.
Sudden large transactions that are inconsistent with prior activity.
Multiple transactions just below reporting limits (structuring).
Deposits or withdrawals from high-risk jurisdictions.
Sudden large transactions that are inconsistent with prior activity.
Users involved in suspicious activities may have their accounts frozen or terminated.
Users involved in suspicious activities may have their accounts frozen or terminated.
Employee Due Diligence & AML Training
GSX Solutions conducts strict employee background checks and ongoing AML training.
GSX Solutions conducts strict employee background checks and ongoing AML training.
All employees undergo AML compliance training before onboarding.
High-risk transaction review teams receive enhanced risk awareness training.
Employees are required to report any suspicious behavior internally.
All employees undergo AML compliance training before onboarding.
High-risk transaction review teams receive enhanced risk awareness training.
Employees are required to report any suspicious behavior internally.
Anti-Bribery & Anti-Corruption Policy
GSX Solutions strictly prohibits bribery, embezzlement, and corruption in any form.
GSX Solutions strictly prohibits bribery, embezzlement, and corruption in any form.
Employees must not accept or offer bribes.
We comply with Indian anti-corruption laws & global best practices.
Any violation will result in termination & legal action.
Employees must not accept or offer bribes.
We comply with Indian anti-corruption laws & global best practices.
Any violation will result in termination & legal action.
All vendors & partners must also comply with our anti-bribery policy.
All vendors & partners must also comply with our anti-bribery policy.
Compliance with Indian & International Laws
GSX Solutions ensures compliance with:
GSX Solutions ensures compliance with:
The Prevention of Money Laundering Act (PMLA), India
Financial Intelligence Unit - India (FIU-IND) Regulations
International FATF (Financial Action Task Force) Standards
The Prevention of Money Laundering Act (PMLA), India
Financial Intelligence Unit - India (FIU-IND) Regulations
International FATF (Financial Action Task Force) Standards
Failure to comply with these regulations may result in account suspension or legal action.
Failure to comply with these regulations may result in account suspension or legal action.
For any AML/KYC inquiries, please contact our Compliance Team:
Email: legal@usdtmarketplace.com
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