Anti-Money Laundering (AML) Policy Statement

At 100X Limited, we are dedicated to preventing and detecting money laundering, terrorist financing, and all forms of financial crime. We uphold the highest standards of Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), Counter-Proliferation Financing (CPF), and overall Financial Crime Compliance.

Our comprehensive AML/CTF/CPF framework ensures compliance with Nigerian and international regulatory requirements, protecting the integrity of our platform and safeguarding our users.

Our Commitment to Compliance

1. Know Your Business (KYB) & Customer Due Diligence (CDD)

We verify all users through rigorous KYB and CDD processes prior to granting access to our services.

2. Transaction Monitoring

We deploy real-time monitoring systems to detect, prevent, and escalate any suspicious activity in accordance with regulatory expectations.

3. Sanctions & PEP Screening

We screen all users against global sanctions lists and Politically Exposed Persons (PEP) databases to assess and mitigate potential risks.

4. Suspicious Activity Reporting (SAR/STR)

We promptly report suspected money laundering or financial crimes to the relevant authorities in compliance with the Nigerian Financial Intelligence Unit (NFIU) and global AML standards.

5. Regulatory Compliance

We adhere to AML, CTF, and CPF regulations issued by the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), Nigerian Financial Intelligence Unit (NFIU), and other relevant global authorities.

6. Ongoing Training & Policy Enhancement

Our team undergoes continuous AML/CTF/CPF training to stay informed of emerging risks and regulatory updates. We regularly review and update our policies to maintain the highest standards of compliance and operational integrity.

At 100X, we are committed to fostering a secure, transparent, and compliant digital financial ecosystem. By using NGNT, users agree to uphold these standards and support a safe platform for all participants. We continuously enhance our policies to address evolving risks and preserve the integrity of the digital currency environment.

For inquiries regarding our AML/CTF/CPF policies, please contact: support@cube.ng

100X Limited Team