AML & Compliance Policy

iEquity AI LLC (“iEquity”, “we”, “us”) is committed to maintaining professional standards, compliance practices, and responsible business operations in accordance with applicable Armenian law and international anti-money-laundering (AML) principles.

1. Commitment to compliance

We apply internal operational standards designed to support transparent, responsible, and compliant business activities, and to reduce the risk of our services being used for money laundering, terrorist financing, or other illicit purposes.

Our procedures are intended to align with the AML/CFT framework of the Republic of Armenia and with recognized international standards, including those of the Financial Action Task Force (FATF).

2. Know Your Client (KYC) & due diligence

Before or during an engagement, we may request and verify:

• Identification documents for individuals and beneficial owners.
• Company registration, ownership, and corporate-structure information.
• Information about the nature and purpose of the business relationship.

The level of due diligence applied may vary depending on the assessed risk, the nature of the services, and applicable requirements.

3. Source of funds

Where appropriate, we may request information or documentation regarding the source of funds or source of wealth involved in an engagement. We may decline to proceed where such information is not provided or cannot be reasonably verified.

4. Sanctions & prohibited activities

We do not knowingly provide services to individuals or entities subject to applicable sanctions, or in connection with illegal activity. We screen against relevant sanctions and politically-exposed-person (PEP) considerations where appropriate. We will not facilitate:

• Money laundering, terrorist financing, or sanctions evasion.
• Fraud, corruption, or other unlawful conduct.
• Any activity prohibited under applicable Armenian or international law.

5. Risk management

iEquity AI LLC reserves the right to decline, suspend, or discontinue services where operational, compliance, reputational, legal, or regulatory concerns may exist.

We maintain internal review procedures intended to support responsible business operations and ongoing monitoring of engagements.

6. Record keeping

We retain client identification, verification, and transaction-related records for the period required by applicable law, after which they are securely deleted or anonymized. Records are handled in line with our Privacy Policy.

7. Data protection & confidentiality

Business information and client communications are handled with reasonable confidentiality and professional care. Access to sensitive information is limited to authorized personnel.

8. Reporting

Where required by law, we cooperate with competent authorities and may report suspicious activity to the relevant authority in the Republic of Armenia. Applicable law may restrict us from disclosing that such a report has been made.

9. Responsible person

Questions regarding this policy or our compliance procedures can be directed to our compliance contact at [email protected].