KYC / AML Compliance Policy
Last updated: May 7, 2026
Oceanhood Inc. is committed to complying with applicable:
- Know Your Customer (“KYC”) requirements
- Anti-Money Laundering (“AML”) laws
- Counter-Terrorist Financing (“CTF”) regulations
- International sanctions laws
Source:
- U.S. FinCEN AML Guidance
PURPOSE
This Policy is intended to:
- Prevent money laundering
- Prevent terrorist financing
- Reduce fraud risk
- Support international trade compliance
- Protect the integrity of the Platform
CUSTOMER IDENTIFICATION
Oceanhood may require verification of:
- Individual identity
- Business registration
- Ownership structure
- Vessel ownership or operation
- Tax identification numbers
- Banking information
- Shipping documentation
Verification may occur before or after transactions.
ENHANCED DUE DILIGENCE
Enhanced due diligence may apply to:
- High-value transactions
- High-risk jurisdictions
- Politically exposed persons (PEPs)
- Maritime transactions involving sanctioned regions
- Complex ownership structures
Oceanhood may request additional documentation at its discretion.
TRANSACTION MONITORING
Oceanhood may monitor transactions for:
- Suspicious payment activity
- Unusual transaction patterns
- Structuring attempts
- Fraud indicators
- Sanctions exposure
Transactions may be delayed or suspended during review.
RECORD RETENTION
Oceanhood may retain compliance records, identification materials, and transaction data as required by law.
REFUSAL OF SERVICE
Oceanhood reserves the right to:
- Reject transactions
- Freeze accounts
- Refuse onboarding
- Suspend access to the Platform
- where compliance concerns arise
REPORTING
Oceanhood may report suspicious activity to regulatory, financial, customs, or law enforcement authorities where required by law.
USER COOPERATION
Users agree to cooperate with reasonable compliance requests, including providing supporting documentation and responding to verification inquiries.
Failure to cooperate may result in account restrictions or termination.
NO FINANCIAL SERVICES REPRESENTATION
Oceanhood is not a bank, financial institution, money transmitter, or licensed investment advisor unless expressly stated otherwise.
Third-party financial service providers may apply their own KYC/AML procedures independently.
CONTACT INFORMATION
Oceanhood Inc.
- 8 The Green, Suite G
- Dover, Delaware 19901
- United States
- Email: sales@theoceanhood.com
- Website: www.theoceanhood.com