Six6s maintains a compliant Anti-Money Laundering (AML) and Know Your Customer (KYC) program to prevent illicit activity and protect the integrity of our platform. This policy sets out the identification, verification, and ongoing monitoring requirements applicable to all Six6s customers and their accounts.
Scope: This policy applies to every individual or legal entity seeking to open an account, as well as ongoing account activity and relationship management with Six6s. Definitions used herein:
On submission of a Six6s account application, the applicant must provide accurate personal information and comply with identity verification requirements prior to account activation.
Step 2 verification is triggered when activity or funding reaches predefined thresholds, or when the relationship requires additional due diligence.
Step 3 verification applies where risk is elevated or where the origin of funds requires explicit validation under applicable law. Six6s may request documentation to establish the Source of Funds (SOF) and Source of Wealth (SOW).
Six6s requires ongoing verification that the declared source of funds and wealth is legitimate and consistent with account activity. Substantial, unexplained, or rapid changes in funding source may trigger additional due diligence.
Six6s conducts ongoing transaction monitoring to detect activity that is unusual or inconsistent with the customer profile. Monitoring is performed via automated systems with human oversight. Suspected illicit activity or compliance concerns are escalated to the appropriate authority in accordance with applicable law and internal procedures.
Six6s acts as the data controller for personal data processed in relation to KYC. Personal data is processed lawfully, fairly, and securely, and retained for a minimum of ten years after the termination of the customer relationship, or longer as required by applicable law.
Customers may access, correct, or request deletion of personal data, subject to legal exemptions. Requests should be directed to Six6s support or the designated data protection contact. Data may be retained where required by law or for ongoing compliance purposes.
Six6s maintains an AML Compliance Officer responsible for implementing and overseeing this policy, including risk-based procedures, escalation decisions, and reporting of suspicious transactions to the competent authority as required by law.
Six6s applies a risk-based approach to customer onboarding and ongoing monitoring. Customers from higher-risk jurisdictions may undergo enhanced verification, tighter transaction thresholds, or additional information requests. The risk framework is reviewed and updated periodically in response to regulatory developments and market conditions.
All identification records, due diligence materials, and transaction data are retained for at least ten years following the end of the business relationship, in accordance with regulatory obligations.
Non-compliance with this policy may result in suspension or termination of services, including limitations or denial of deposits, withdrawals, or account access. Six6s may freeze accounts or terminate relationships where verification cannot be completed or where illicit activity is suspected.
Questions about this policy or requests related to data rights should be directed to Six6s support. This policy page will be updated periodically; the date of the most recent update is posted here.