Comliance & AML
TM2 has implemented a comprehensive due diligence program to identify, verify and monitor its market participants in accordance with our strict compliance guidelines.
Onboarding Compliance
The KYB check includes:
- Company's vitals and hierarchy, origin of funds;
- Verification of UBOs, directors, key persons, end beneficiaries;
- AML screening of the company and shareholders on ongoing basis;
- Public & Private keys generated through TM2 wallet download.
The KYC check includes:
- ID verification, biometric proofing & cross validation of data;
- Address check;
- Proof of Funds;
- AML screening and ongoing monitoring;
- Public & Private keys generated through TM2 wallet download.
Transactional Compliance
- The Minfinium Compliance technology has transfer() and transferFrom() validation calls occurring during the movement of every digital metal. It will check the sender and receiver address within the Registry and enforce any applicable restraints using the registry as an authority on identity
- The TM2 restricts digital metals holders from trading to any address that has not passed the required verification process
- The restrictions provide issuers assurance that their digital metals will only be held by authorised investors in full compliance