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AML/KYC Policy

Introduction​

This Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy (the "Policy") outlines the standards and procedures for AML and KYC compliance on the Free2Z platform (the "Platform"), specifically for participants in the revenue sharing program.

Document Collection and Verification​

  • Documentation, such as W-9 forms for US residents and W-8BEN forms for non-US residents, is required for our contractors as part of standard tax compliance and identity verification for participants in our rewards program.
  • Verification will be conducted using a government-issued ID and a selfie.
  • Electronic signatures are required to authenticate the provided documents.

Data Privacy and Security​

  • We commit to the secure and confidential storage of personal data, adhering to strict privacy and security standards.
  • User information is handled with the utmost care, ensuring its confidentiality and integrity.

Compliance Checks​

  • We conduct necessary compliance checks, including global sanctions lists and AML standards, for our contractors. These checks are part of our commitment to responsible and secure operations, specific to our rewards program.
  • Our procedures are regularly updated to stay aligned with current regulatory requirements.

User Eligibility and Service Discretion​

  • The Company reserves the right, at its sole discretion, to determine and manage eligibility for participation in the revenue sharing program.
  • The Company exercises discretion in determining eligibility for our rewards program. This process is tailored to ensure the integrity and purpose of the program aligns with our platform's values and legal obligations.
  • The Company also reserves the right to terminate participation in the program for any user at any time, in accordance with the terms of service and applicable laws.

IRS Compliance and Reporting​

  • As part of our commitment to legal compliance, we adhere to IRS regulations, which includes the submission of required tax forms by our contractors participating in the rewards program.
  • Compliance with IRS regulations is mandatory, including the submission of required tax forms by participants.
  • Annual tax documentation will be provided to eligible participants in the program.
  • In the event of a legally mandated request, Free2Z will cooperate with legal authorities as required by law. Our approach to data disclosure is based solely on legal necessity, balancing compliance with legal requirements and the protection of user privacy.

Data Retention and Disposal​

  • Documents are retained as per legal requirements and disposed of securely once they are no longer needed.

Disclaimer of Liability for AML/KYC Data: While we employ stringent security measures, Free2Z cannot be held liable for any unforeseen loss, damage, or misuse of data collected through AML/KYC processes, which are specifically designed for our contractor rewards program.

  • This Policy may be updated from time to time, with changes effective upon posting on the Platform.
  • Continued participation in the revenue sharing program indicates acceptance of the revised Policy.

Governing Law and Jurisdiction​

  • The Policy is governed by the laws of the Country where Free2Z is established.

Contact Information​

For any inquiries or questions about this Policy, please contact help@free2z.com

Participation in the Revenue Share Program on Free2Z signifies your acknowledgment and agreement to this AML/KYC Policy.