At Heenok Technology Limited, we are committed to upholding the highest standards of integrity, security, and compliance. Our Anti-Money Laundering (AML) Policy is designed to prevent illegal activities such as money laundering, terrorism financing, and other illicit financial transactions. This policy applies to all users and creators on our platform, and it helps us create a secure environment for legitimate activities.

What is Money Laundering?

Money laundering is the illegal process of making illegally obtained money appear legitimate. Typically, this involves disguising the source of funds generated through criminal activities, such as drug trafficking, fraud, or corruption. Money laundering often involves a series of complex transactions, which could be difficult to detect without proper monitoring.

As part of our efforts to fight this crime, Heenok Technology Limited is dedicated to identifying and preventing any attempts to use our platform for money laundering or terrorist financing.

Our Commitment to You

We are committed to ensuring a safe and secure platform for all users by adhering to the following principles:

 

• • Prevention: We take active steps to prevent the use of Heenok Technology Limited’s services for illegal financial activities, including money laundering.

• • Compliance: We comply with all relevant local and international laws and regulations, including anti-money laundering laws.

• • Transparency and Integrity: We ensure that all transactions conducted on our platform are legitimate, traceable, and in line with the principles of fair business.

How We Protect You and Our Platform

Heenok Technology Limited takes several steps to ensure compliance with anti-money laundering laws:

 

• • Know Your Customer (KYC) – Identity Verification: We require all users to provide accurate and verifiable information when creating an account or making transactions. This helps us confirm that individuals are who they claim to be. KYC is a critical step in protecting the platform from fraud and criminal activities.

• • Ongoing Transaction Monitoring: We continuously monitor all transactions on the platform. This monitoring helps us identify suspicious activities such as:

 

1. 1. Unexplained large transactions.

1. 1. Activities inconsistent with the user’s profile or previous behavior.

1. 1. Transactions involving high-risk countries or high-risk users. If we detect anything
      unusual, we may ask for further information or freeze the transactions until we can
      investigate further.

 

• • Suspicious Activity Reporting: In the event of suspicious or illegal activity, we are legally required to report these to the relevant authorities, including law enforcement and regulatory bodies. This ensures that we are playing our part in preventing illegal activities and supporting global efforts to combat money laundering.

User and Creator Responsibilities

As a user or creator on Heenok Technology Limited, you have a responsibility to:

 

• • Provide Accurate Information: Ensure that all the information you provide during registration, or when making financial transactions, is truthful, complete, and up to date. False information may result in the suspension or termination of your account.

• • Follow Legal Guidelines: Abide by local and international laws, including those governing money laundering and financial crimes.

• • Report Suspicious Activities: If you notice any activity on your account that seems unusual, fraudulent, or suspicious, you should immediately report it to us. This includes transactions that seem out of place or don’t match your normal usage patterns.

• • Cooperate with Verification Requests: If we ask for additional information to verify your identity or the legitimacy of a transaction, we expect your full cooperation.

What Happens if We Detect Suspicious Activity?

If suspicious or unusual activity is detected, we may take the following actions:

 

• • Freeze Transactions: We may temporarily freeze an account or transaction while we conduct an investigation to ensure compliance with AML laws.

• • Request Additional Information: We may ask you for more details about the transaction or additional identity documents to verify the source of funds or your identity.

• • Report to Authorities: If necessary, we will report the activity to relevant law enforcement agencies, regulators, or financial authorities in compliance with applicable laws.

High-Risk Users and Transactions

Certain users and transactions are considered higher risk, such as:

 

• • Politically Exposed Persons (PEPs): Individuals who have been entrusted with prominent public
    functions, as they may be at greater risk of involvement in bribery, corruption, or illegal financial
    activities.

• • Users from High-Risk Jurisdictions: Countries or regions with weak anti-money laundering laws
    or known to be associated with criminal activities. We apply enhanced due diligence (EDD) to
    these high-risk users, which involves additional checks and ongoing monitoring.

Why is This Policy Important?

Our AML Policy is critical for the following reasons:

 

• • Protecting You: We want to ensure that you are part of a safe and legitimate community. By adhering to AML regulations, we minimize the risk of illegal activities affecting your account and transactions.

• • Maintaining Trust: We take every measure to ensure the integrity of the Heenok Technology Limited platform, building trust with users, creators, and the wider community.

• • Complying with Laws: Compliance with AML laws is a legal requirement, and failure to comply could result in serious legal consequences, including penalties or criminal charges. By following these procedures, we protect not only our platform but also our users from being inadvertently involved in illegal activities.

Policy Updates

We may update this policy to reflect changes in regulations or to improve our anti-money laundering measures. Any updates will be posted on this page, and the updated policy will take effect immediately upon posting. We encourage you to check this page regularly to stay informed.

If you have any questions about our AML Policy or need further clarification, please feel free to contact us at support@heenok.com