01Our commitment
Artificial Intelligence Research Pty Ltd is committed to preventing the NEXARA platform from being used for money laundering, terrorism financing, fraud or sanctions evasion. This policy summarises the controls we apply, guided by the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) and international standards.
02Customer identification
We verify users through a tiered process:
- Level 0 — registered account, low withdrawal limit.
- Level 1 — personal details verified, higher limits.
- Level 2 — government-issued identity document, selfie and liveness check, highest limits.
We may request additional information or documents at any time.
03Transaction monitoring
Deposits, withdrawals and trading activity are monitored for unusual patterns. Large or unusual withdrawals are reviewed manually before processing.
04Sanctions screening
We do not open or maintain accounts for persons subject to applicable sanctions, or resident in sanctioned jurisdictions.
05Reporting and record-keeping
We keep verification and transaction records for at least seven years, and we report suspicious matters to the competent authorities where required by law. We may not be allowed to tell you that a report has been made.
06Refusal and suspension
We may refuse, delay or block a transaction, or suspend an account, if verification is incomplete or if we suspect unlawful activity.