Anti-Money Laundering (AML) Policy
Last updated: June 1, 2026
1. Purpose
Meridian US maintains a comprehensive AML/KYC programme in compliance with the Bank Secrecy Act (BSA), USA PATRIOT Act, and FinCEN regulations. This policy applies to all employees, contractors, and users of the platform.
2. Customer Identification Programme (CIP)
- All users must provide government-issued photo ID, proof of address, and a selfie
- Documents are verified against authoritative databases and checked for tampering
- Enhanced due diligence (EDD) is applied to high-risk accounts
3. Transaction Monitoring
- All transactions are screened in real time against rule-based and ML-driven detection models
- Alerts are reviewed by the compliance team within 24 hours
- Suspicious Activity Reports (SARs) are filed with FinCEN as required
4. Sanctions Screening
All users and transactions are screened against OFAC SDN, EU, and UN sanctions lists. On-chain analytics are used to detect interactions with sanctioned wallets.
5. Record Keeping
All customer records and transaction data are retained for a minimum of 5 years from the date of account closure, in accordance with BSA requirements.
6. Staff Training
All employees complete mandatory AML training upon hire and annually thereafter. The compliance team undergoes additional specialized training.
7. Independent Testing
Our AML programme is tested annually by an independent third party. Findings are reported to the Board of Directors and remediated promptly.
8. Reporting
To report suspicious activity, contact compliance@meridian.us.