Digital Securities Exchange Limited (DSX) is compliant with fifth money laundering directive (5AMLD) and is in process of registration with the United Kingdom Financial Conduct Authority (FCA).
As such, DSX must comply with legal requirements to deter and detect financial crime, which includes money laundering and terrorist financing.
Customer due diligence requirements
Customer due diligence means that we are taking steps to identify DSX customers and check they are who they say they are. In practice this means we are obtaining a customer’s:
- name, date of birth
- photograph on an official document which confirms their identity
- residential address
In most cases we ask for a government issued document like a passport, along with utility bills, bank statements and other official documents.
We apply due diligence to enable customers to deposit and withdraw funds to/from their DSX accounts.