Compliance
How Green Transfer adheres to regulatory requirements and industry standards
Our Commitment to Compliance
At Green Transfer, we are committed to maintaining the highest standards of regulatory compliance. We understand that operating in the cryptocurrency space comes with significant responsibilities, and we take these obligations seriously. Our compliance program is designed to meet or exceed all applicable laws and regulations in the jurisdictions where we operate.
AML/CFT Compliance
We implement robust Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) measures to prevent the misuse of our platform for illegal activities.
KYC Procedures
Our Know Your Customer (KYC) procedures help us verify the identity of our users and assess potential risks associated with their accounts.
Global Regulations
We monitor and adapt to regulatory changes across multiple jurisdictions to ensure our services remain compliant with evolving global standards.
Risk Assessment
We conduct regular risk assessments to identify and mitigate potential compliance risks in our operations and customer relationships.
Know Your Customer (KYC)
Our KYC process is designed to verify the identity of our users and prevent fraud, money laundering, and terrorist financing. Depending on transaction volumes and risk factors, we may require different levels of verification:
- Basic Verification: Email verification and basic personal information for low-volume transactions
- Enhanced Verification: Government-issued ID verification, proof of address, and facial recognition for higher transaction volumes
- Advanced Verification: Additional documentation such as source of funds verification for high-volume transactions or higher-risk customers
Anti-Money Laundering (AML) Program
Our comprehensive AML program includes:
- Customer due diligence and enhanced due diligence procedures
- Ongoing transaction monitoring using advanced analytics
- Suspicious activity reporting to relevant authorities
- Regular staff training on AML risks and procedures
- Independent testing and auditing of our AML controls
Regulatory Licenses and Registrations
Green Transfer maintains appropriate licenses and registrations in the jurisdictions where we operate. These include:
- Registration as a Money Services Business (MSB) with FinCEN in the United States
- Virtual Asset Service Provider (VASP) registration in applicable jurisdictions
- Financial Conduct Authority (FCA) registration in the United Kingdom
- Additional local registrations as required by specific country regulations
Compliance Team
Our dedicated compliance team consists of experienced professionals with backgrounds in financial services, regulatory compliance, and cryptocurrency. The team is responsible for:
- Developing and implementing compliance policies and procedures
- Monitoring regulatory developments and updating our practices accordingly
- Conducting internal compliance reviews and risk assessments
- Liaising with regulatory authorities
- Providing compliance training to all staff members
Reporting Suspicious Activity
If you suspect any illegal activity related to our platform, please contact our compliance team immediately at compliance@greentransfer.org. We take all reports seriously and will investigate thoroughly while maintaining appropriate confidentiality.
Contact Our Compliance Team
For questions about our compliance program or to report concerns, please contact:
Green Transfer Compliance Department
Email: compliance@greentransfer.org
Address: 42 Rustaveli Avenue, Tbilisi, 0108, Georgia