AML/KYC Policy

At FuguSwap, we are committed to maintaining the highest standards of integrity and transparency in order to prevent the misuse of our services for unlawful purposes. This AML/KYC Policy explains how we may apply identity verification and transaction monitoring measures in accordance with international best practices — without creating additional obligations for users beyond those outlined in our Terms of Service.

1. General Principles

• FuguSwap operates under a risk-based approach and may implement Anti-Money Laundering (AML) and Know-Your-Customer (KYC) checks only when deemed necessary to ensure the security of our platform and users.
• These procedures are not mandatory for all users and are applied selectively in cases where activity requires additional verification under applicable laws or internal compliance rules.
• By using FuguSwap, you acknowledge that certain transactions may be subject to such checks if flagged as suspicious or high-risk.

2. Verification Process (When Applicable)

• In specific cases — such as unusual transaction patterns, large-volume exchanges, or requests from regulatory partners — FuguSwap may request identification documents, including:
  • A valid government-issued ID;
  • Proof of address;
  • For legal entities — documents confirming company registration and ownership structure.
• Additional proof of the source of funds (e.g., payment statements or invoices) may be requested if required for compliance review.
• Refusal to provide requested information in these limited cases may result in the suspension or cancellation of the respective transaction.

3. Transaction Review

• All operations are automatically screened against internal and external compliance lists.
• FuguSwap reserves the right to delay, freeze, or cancel transactions that raise compliance concerns pending additional review.
• In cases of suspected criminal activity, FuguSwap will act in accordance with applicable law and may cooperate with authorized institutions.

4. Data Handling and Confidentiality

• All verification data, when collected, is processed and stored securely in accordance with our Privacy Policy and relevant data protection laws.
• Information provided by users is used exclusively for compliance purposes and is never shared with third parties except as required by law.

5. Policy Updates

• This Policy may be reviewed and updated periodically to reflect changes in law, risk environment, or business operations.
• Any such updates do not modify the Terms of Service unless explicitly stated therein.

6. Contact

For compliance inquiries, please contact: support@fuguswap.com