AML

This page describes the AML Protocol of Open Treasury.

AML stands for Anti-money laundering.

In accordance with Objective IV: Open Constitution, Open Treasury applies stricter AML compliance protocols, using Identity Management in Finscale.

The stakeholders and these open governance protocols collectively ensure Open Treasury is not used for money laundering by any stakeholder.

AML Protocol also ensures that the Treasury Fund proceeds do not fall into the hands of bad actors.

These protocols are designed by each Fiscal Host for the local body's compliance with Local law.

AML protocols are designed to prevent terrorism financing and evasion of global taxes by means of Audit and Compliance Scans.

Read more on Audit Scan, Compliance Scans, and Encryptions.