Winadda — AML & KYC Policy

Last Updated: October 2025

1. Purpose and Scope

This AML ( Anti-Money Laundering ) and KYC ( Know Your Customer ) Policy defines Winadda’s commitment to upholding financial integrity and preventing its platform from being used for unlawful purposes.

Although Winadda is an informational platform and does not process financial transactions or user funds, we maintain strong compliance practices to detect, report, and prevent any association with illicit activities such as money laundering, terrorist financing, fraud, or identity misuse.

This policy applies globally to all employees, partners, affiliates, and users of Winadda.

2. Regulatory Compliance Framework

Winadda’s AML and KYC standards align with the following international regulations and guidelines:

Financial Action Task Force (FATF) 40 Recommendations
EU 5th Anti-Money Laundering Directive (5AMLD)
UK Money Laundering Regulations 2017 (amended 2020)
US Bank Secrecy Act (BSA) and Patriot Act Sections 311–326
Indian Prevention of Money Laundering Act (PMLA 2002)
Singapore Monetary Authority (MAS) AML Guidelines

Winadda adopts a “risk-based approach” consistent with these frameworks to detect and mitigate potential threats to financial transparency.

3. Independent Informational Role

Winadda does not handle deposits, payouts, or monetary transfers. However, we ensure that any third-party affiliate links or external references on our website connect only to verified and compliant entities.

We conduct basic due diligence to ensure that the brands and partners we reference follow legal licensing and KYC obligations within their jurisdictions.

4. Objectives of the AML Program

Our key objectives are to:

Prevent the use of Winadda for criminal or fraudulent purposes.
Identify potential risks of money laundering through vigilant content and affiliate monitoring.
Maintain full transparency in commercial relationships.
Comply with global reporting and record-keeping standards.
Support law enforcement in case of legitimate requests under applicable laws.

5. Know Your Customer (KYC) Principles

While Winadda does not directly collect user identity for financial purposes, we adhere to fundamental KYC principles when working with partners or contributors:

Identification: We verify the legitimacy of organizations before collaboration.
Verification: We confirm business credentials using public registries and digital certificates.
Ongoing Monitoring: We periodically review affiliate links and third-party activities to ensure continued compliance.

This helps us avoid association with any entity engaged in illegal or unethical operations.

6. Risk Assessment Process

Our risk-based approach includes:

Initial Assessment: Screening partners and advertisers for legal status and business purpose.
Periodic Monitoring: Quarterly review of content and external links for compliance breaches.
Escalation: Immediate reporting to the Compliance Team if a partner is flagged for fraud or regulatory violation.
Record-Keeping: Maintaining logs of affiliate audits and risk ratings for at least five years.

7. Employee Training and Awareness

All Winadda team members receive annual training on AML and data protection standards.
Training modules include:

Identifying suspicious activity or requests.
Understanding global financial crime laws.
Reporting protocols and escalation procedures.

This ensures every team member acts responsibly and maintains ethical awareness.

8. Reporting Suspicious Activity

If Winadda detects or is notified of potentially unlawful activity through its platform or affiliates, the following steps apply:

Immediate report to the Compliance Officer.
Internal review to evaluate risk and evidence.
Reporting to law enforcement or regulatory agencies (if required by law).
Suspension of partnership or removal of non-compliant content.

Winadda reserves the right to cooperate with authorities under legal requests while respecting data privacy laws.

9. Data Privacy and Confidentiality

All information collected during AML or KYC assessments is handled under strict confidentiality in accordance with our Data Protection Policy.
No information is shared with third parties without lawful basis or user consent.

10. Record-Keeping

Winadda retains compliance-related records for a minimum of five years, including:

Partner and affiliate verification logs.
Risk assessment and review reports.
Incident and investigation summaries.
Communications with regulators (if any).

All records are encrypted and stored on secure, geo-redundant servers.

11. Collaboration with Regulatory Bodies

Winadda cooperates with authorized financial intelligence units (FIUs) and regulators if requested under lawful jurisdiction.
We support international efforts to combat money laundering and terror financing as part of the global FATF mandate.

12. Third-Party Due Diligence

Before entering into any commercial relationship, Winadda conducts compliance screening that includes:

Review of registration certificates and licenses.
Public database searches for sanctions or adverse media.
Verification of ownership and corporate structure.
Confirmation of AML/KYC controls within the partner’s organization.

Only partners meeting our ethical and legal standards are approved for collaboration.

13. Sanctions Compliance

Winadda does not engage with entities listed on international sanctions lists including:

OFAC (US Treasury)
UN Sanctions Committee
EU and UK Sanctions Authorities
Financial Intelligence Unit (India)

Screening is performed routinely to ensure ongoing compliance.

14. Review and Continuous Improvement

Our AML & KYC Policy is reviewed annually to ensure alignment with global financial compliance updates and industry best practices.
Recommendations from regulators, auditors, and legal advisors are integrated promptly.

15. Contact Information

For compliance inquiries, suspected violations, or clarifications:
📧 support@winadda.com
💬 WhatsApp: https://wa.link/winra
📍 Response Time: 3–5 business days

16. Jurisdiction and Governing Law

This policy shall be interpreted under international financial compliance principles and the laws of the Republic of India for administrative purposes.
Disputes shall be resolved through confidential arbitration under UNCITRAL Model Law or as per applicable regional authority.