AML and KYC Policy

Pinupapp.com is committed to adhering to the highest standards of anti-money laundering (AML) and counter-terrorism financing, in accordance with our Anti-Money Laundering Policy (AML Policy). As part of our commitment, we take robust measures to deter any form of illegal activity. We are required to report to the relevant authorities whenever there is suspicion that funds deposited in a user’s account may be linked to illegal activities or terrorism financing. Additionally, we are obligated to freeze these funds and take actions as dictated by the AML policy guidelines.

Definition of Money Laundering

Money laundering is defined as the act of:

• Concealing or keeping confidential the true origin, location, disposition, movement, ownership rights, or other rights of property acquired through illegal means.
• Converting, transferring, acquiring, possessing, or using assets derived from criminal activities to hide their illicit origins or to help individuals involved in criminal acts evade legal repercussions.
• Participating in transactions involving assets obtained through criminal activities carried out in another country’s territory.

To prevent the introduction of criminally obtained capital into the economy, various nations have enacted laws and measures against money laundering and terrorism financing.

Policies and Procedures at Pinupapp.com

Pinupapp.com implements strict internal policies and procedures, along with special measures, to support global efforts in combating money laundering and terrorism financing.

By opening an account at Pinupapp.com, you agree to:

• Comply with all relevant laws and regulations related to anti-money laundering and terrorism financing, including our AML Policy.
• Declare that, to the best of your knowledge, the funds deposited now, previously, or in the future are not derived from illegal sources and are not associated with the legalization of proceeds from illegal activities or any other illicit activities prohibited by law or international organizational directives.
• Promptly provide any information deemed necessary by Pinupapp.com in compliance with legal and regulatory requirements related to anti-money laundering.

Know Your Customer (KYC)

“Know Your Customer” (KYC) measures are essential for Pinupapp.com in the process of verifying and validating our users’ identities. These measures are crucial to preventing and mitigating potential risks of money laundering and terrorism financing. The KYC steps include:

1. Identity Verification: Pinupapp.com requires all users to provide valid documentation, such as a passport or ID card, that includes the full name, date of birth, and a clear photograph of the holder. This step is crucial to ensure that the user’s identity matches the information provided during registration.
2. Proof of Address: Users must provide recent proof of address, such as a utility bill or another relevant document, that is not older than three months. This helps Pinupapp.com confirm the user’s residence or registered address.
3. Funds Verification: Users are required to declare the source of the funds used in their accounts to ensure they are not derived from illegal activities. Pinupapp.com may require additional documents or information to verify the legality of the funds.
4. Continuous Monitoring: Pinupapp.com conducts continuous monitoring of accounts to detect abnormal or suspicious activities. This includes analyzing transactions and behavior patterns that may indicate potential risks or illicit activities.
5. Authenticated Documentation: In specific cases, authenticated copies of documents may be requested to ensure greater security and confirmation of the authenticity of the data provided by users.

These KYC measures are applied in conjunction with our AML policies and procedures to ensure that Pinupapp.com maintains a secure environment protected against illegal activities.