Maxima Dao 3.0 (“we,” “us,” or “our”) is committed to preventing money laundering, terrorist financing, and other illegal activities. This AML/KYC Policy outlines the procedures we follow to verify user identities, monitor transactions, and comply with applicable laws and regulations.

1. Purpose of the Policy

The purpose of this policy is to:

• Prevent the use of our platform for money laundering, terrorist financing, or other illegal activities.
• Comply with legal and regulatory requirements, including the Anti-Money Laundering Act and the Personal Data Protection Act (PDPA) of Malaysia.
• Protect the integrity of our platform and ensure a safe environment for all users.

2. Customer Identification and Verification (KYC)

To use Maxima Dao 3.0, users must complete the KYC process, which includes:

• Personal Information: Full name, date of birth, residential address, and contact details.
• Identity Verification: A valid government-issued ID (e.g., passport, driver’s license, or national ID).
• Proof of Address: A recent utility bill, bank statement, or similar document (not older than 3 months).
• Additional Documentation: In some cases, we may request additional documents to verify your identity or source of funds.

We reserve the right to reject or suspend accounts that fail to provide accurate or complete information.

3. Ongoing Monitoring

We continuously monitor user accounts and transactions to detect and prevent suspicious activities. This includes:

• Reviewing transaction patterns and volumes.
• Flagging unusual or high-risk transactions.
• Conducting periodic reviews of user accounts.

4. Suspicious Activity Reporting

If we detect any suspicious activity, we will:

• Conduct an internal investigation.
• File a report with the relevant authorities, if required by law.
• Suspend or terminate the account involved in the activity.

5. Record Keeping

We maintain records of all user information, identification documents, and transaction history for a minimum of 6 years (or as required by law). These records are stored securely and accessed only by authorized personnel.

6. Employee Training

All employees undergo regular training on AML/KYC procedures and regulatory requirements. This ensures that our team is equipped to identify and respond to potential risks.

7. Compliance with Laws and Regulations

We comply with all applicable laws and regulations, including:

• The Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities Act (AMLA) of Malaysia.
• The Personal Data Protection Act (PDPA) of Malaysia.
• International standards set by the Financial Action Task Force (FATF).

8. User Responsibilities

Users of Maxima Dao 3.0 are required to:

• Provide accurate and up-to-date information during the KYC process.
• Notify us of any changes to their personal information.
• Refrain from engaging in illegal or suspicious activities on the platform.

9. Consequences of Non-Compliance

Failure to comply with this AML/KYC Policy may result in:

• Suspension or termination of your account.
• Reporting of suspicious activities to the relevant authorities.
• Legal action, if necessary.

10. Changes to This Policy

We may update this AML/KYC Policy from time to time to reflect changes in laws, regulations, or business practices. Any changes will be posted on this page with an updated effective date.

11. Contact Us

If you have any questions or concerns about this AML/KYC Policy, please contact us at:

Maxima Dao 3.0
Address: Menara Etiqa Twins, 11 Jalan Pinang, Kuala Lumpur, Malaysia
Email: [email protected]
Phone: +6019-413 2687

By using Maxima Dao 3.0, you acknowledge that you have read, understood, and agreed to this AML/KYC Policy. Thank you for helping us maintain a secure and compliant platform.