Aurora Swap

AML / KYC Policy

At Aurora Swap, we believe that access to financial tools should be fast, secure, and available to everyone — anytime, anywhere. Our mission is to revolutionize the way people interact with digital assets by building a next-generation crypto exchange that prioritizes speed, transparency, and user empowerment.

1. Purpose

This policy is designed to:

  • Prevent the use of Aurora Swap for money laundering, terrorism financing, and other illicit activities

  • Verify the identity of users engaging in certain transactions or services

  • Comply with applicable AML/KYC regulations across multiple jurisdictions

2. User Verification (KYC)

To ensure compliance, we may require users to complete identity verification depending on their activity and local regulations. This may include:

  • Full legal name

  • Date of birth

  • Residential address

  • Government-issued identification (passport, national ID, etc.)

  • Proof of address (utility bill, bank statement, etc.)

We partner with trusted third-party providers to handle KYC securely and efficiently.

3. Risk-Based Approach

We adopt a risk-based approach to monitor transactions and user behavior. Factors considered include:

  • Transaction volume and frequency

  • Jurisdictional risk of user’s location

  • Behavior that may indicate suspicious or unusual activity

Higher-risk accounts may require enhanced due diligence (EDD).

4. Monitoring and Reporting

Our systems monitor for suspicious activity, including:

  • Sudden large transactions

  • Activity inconsistent with previous behavior

  • Transfers to or from high-risk jurisdictions

Suspicious activities may be reported to relevant authorities, including FIUs (Financial Intelligence Units), in accordance with local laws.

5. Prohibited Users and Jurisdictions

Aurora Swap does not provide services to individuals or entities:

  • Listed on international sanctions lists (e.g., OFAC, UN)

  • Residing in countries subject to embargoes or trade restrictions

  • Using the platform for criminal purposes

6. Data Protection

All KYC information is stored securely and only shared with regulatory authorities as required by law. We are committed to protecting your personal information in accordance with our [Privacy Policy].

7. Continuous Compliance

Our AML/KYC policy is regularly reviewed and updated to reflect changes in law, regulation, or best practices. Staff are trained periodically to ensure awareness and proper enforcement of compliance standards.