> For the complete documentation index, see [llms.txt](https://quantixfinance.gitbook.io/quantixfinance-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://quantixfinance.gitbook.io/quantixfinance-docs/legal/kyc.md).

# KYC

**1. Purpose**

Quantix operates permissioned, institutional credit and is committed to preventing its platform from being used for money laundering, terrorist financing, sanctions evasion, or other financial crime. This policy sets out the identity verification and screening applied to participants as a condition of access.

**2. Scope**

This policy applies to borrowers, to lenders in permissioned pools, to delegates, and to any other participant to whom Quantix grants permissioned access. Access to permissioned features is conditional on satisfactory completion of the checks described below and on continued compliance with this policy.

**3. Customer due diligence**

3.1 **Individuals (KYC).** Quantix verifies the identity of natural persons through government-issued identification and supporting evidence sufficient to establish identity and, where applicable, residency.

3.2 **Entities (KYB).** For legal entities, Quantix verifies the entity's existence and good standing, its ownership and control structure, and the identity of its directors and its ultimate beneficial owners.

3.3 **Beneficial ownership.** Quantix identifies and verifies each ultimate beneficial owner meeting the applicable ownership or control threshold.

**4. Screening**

4.1 Quantix screens participants and, where applicable, associated wallet addresses against sanctions lists, politically-exposed-person (PEP) data, and adverse-media and watchlist sources, at onboarding and on an ongoing basis.

4.2 A participant who is subject to applicable sanctions, or who is located in or acting for the benefit of a restricted jurisdiction, is not eligible to participate. Restricted jurisdictions include comprehensively embargoed jurisdictions (Cuba, Iran, North Korea, and the Crimea, Donetsk, and Luhansk regions of Ukraine), jurisdictions subject to extensive sectoral U.S. sanctions programs (including Russia, Belarus, Venezuela, Myanmar, and Sudan), and any individual or entity on the OFAC Specially Designated Nationals List or Consolidated Sanctions List regardless of jurisdiction.

4.3 Identity verification and know-your-business checks are performed by SumSub. Wallet-level screening and transaction monitoring are performed by AMLBot.

**5. Risk-based approach and ongoing monitoring**

5.1 Quantix applies a risk-based approach, applying enhanced due diligence to higher-risk participants and relationships.

5.2 Quantix monitors participants and activity on an ongoing basis, refreshes due diligence periodically and on trigger events, and reviews unusual or higher-risk activity.

**6. Refusal, suspension, and offboarding**

6.1 Quantix may refuse onboarding, suspend access, or terminate a relationship where a participant fails or refuses to complete required checks, where screening returns a disqualifying result, or where Quantix reasonably suspects financial crime or a breach of this policy or applicable law.

**7. Records and data**

7.1 Quantix retains customer due diligence records and screening results for the period required under the Financial Services Act 2025 of Gelephu Mindfulness City, the jurisdiction of the operating entity. 

7.2 Personal data collected under this policy is handled in accordance with the Privacy Policy. On-chain permissioning reflects only the outcome of verification (eligibility); underlying identity documents are held off-chain and are not published on-chain.