The "XT Platform Anti-Money Laundering and Counter-Terrorism Financing User Guide" is a supplementary part of the XT Platform "User Agreement" and applies to all users along with the user agreement and other terms.
Article 1: Scope of Application
This guide applies to all users trading on the XT Platform (hereinafter referred to as "XT Platform"). Users should comply with anti-money laundering and counter-terrorism financing laws and regulations of their respective countries or regions and execute the provisions of this guide within the scope of the laws of their location. If the user's country or region has stricter requirements, those should be followed.
Article 2: Anti-Money Laundering and Counter-Terrorism Financing
This refers to measures taken to prevent criminals from using the XT Platform to conduct transactions that disguise or conceal the sources and nature of illegal proceeds and their income from crimes such as drug offenses, organized crime of a mafia nature, terrorist activities, smuggling, corruption and bribery, financial fraud, and disrupting financial management order, in accordance with relevant laws and anti-money laundering regulations.
Article 3: Basic Principles of XT Platform's Anti-Money Laundering
XT Platform conducts customer risk monitoring work based on the following principles:
-
Comprehensiveness Principle
XT Platform will comprehensively consider all types of risk factors that may suggest a customer is involved in money laundering and adopt reasonable methods to monitor risks for all customers. -
Prudence Principle
XT Platform will enhance its ability to identify customer identities based on a thorough understanding of customers and prudently monitor customer risks. -
Continuity Principle
XT Platform will continuously monitor customer risks and respond appropriately based on actual circumstances. -
Confidentiality Principle
Customer identity information, transaction information, and risk level information held by XT Platform are strictly confidential and will not be provided to any unit or individual unless required by law and regulatory requirements. -
Tiered Management Principle
XT Platform will periodically review the basic information of customers stored, and the review of customers with higher risk levels should be stricter than those with lower risk levels.
Article 4: XT Users Should Comply with the Following Precautions
- It is prohibited to lend, lease, transfer, or hand over the user's account to others;
- It is prohibited to rent or lend the user's personal identification documents;
- It is prohibited to rent, lend, or disclose the user's account, bank card, passbook, password, and other important personal property information;
- Users should actively cooperate with XT Platform for customer identity verification;
- When trading on the XT Platform, choose and use safe and reliable third-party financial institutions for payment activities.
Article 5: Reporting Suspicious Behavior
If XT Platform users discover any account that may be engaged in money laundering or terrorist financing activities during platform transactions, they should report it to the XT Platform.
Article 6: Interpretation of the Guide
This guide is interpreted by the XT Platform.
Article 7: Effective Date
This guide is effective and implemented from the date of publication.