Regulatory Compliance
Learn about our commitment to regulatory compliance and the standards we adhere to within the Pi Network ecosystem.
Our Compliance Framework
At Flux, we understand that operating in the financial services and blockchain space comes with significant regulatory responsibilities. We have developed a comprehensive compliance framework that not only meets current regulatory requirements but also anticipates future developments in the rapidly evolving Pi Network ecosystem.
Our compliance program is built on four key pillars:
Regulatory Compliance
We maintain strict adherence to applicable laws and regulations in all jurisdictions where our services are available, including financial services regulations and digital asset legislation.
Risk Management
Our robust risk management framework identifies, assesses, and mitigates potential risks across our operations, protecting both our platform and our users.
User Protection
We implement stringent measures to protect our users' data, funds, and privacy, going beyond minimal regulatory requirements to ensure the highest levels of security.
Ecosystem Compliance
We work closely with Pi Network to ensure our services align with their ecosystem requirements and contribute to the overall integrity of the network.
Key Compliance Areas
Anti-Money Laundering (AML) & Counter-Terrorism Financing (CTF)
Our AML and CTF program includes:
- Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) procedures
- Ongoing transaction monitoring using advanced analytics
- Risk-based approach to identify and mitigate money laundering risks
- Regular screening against global sanctions and watchlists
- Suspicious activity reporting to relevant authorities
Know Your Customer (KYC)
Our KYC process is designed to verify user identities while providing a seamless experience:
- Tiered verification approach based on service usage and risk level
- Identity verification through document validation and biometric checks
- Ongoing monitoring to detect changes in customer risk profiles
- Integration with Pi Network's identity verification where applicable
Data Protection & Privacy
We comply with global data protection regulations, including:
- General Data Protection Regulation (GDPR) for users in the European Union
- California Consumer Privacy Act (CCPA) for California residents
- Secure data handling practices with appropriate access controls
- Transparent data collection and usage policies
- User rights to access, correct, delete, and port their data
Financial Services Compliance
Our payment services adhere to relevant financial regulations:
- Payment Card Industry Data Security Standard (PCI DSS) for handling payment information
- Electronic funds transfer regulations where applicable
- Consumer protection requirements for financial services
- Transparent fee structures and disclosures
Pi Network Ecosystem Compliance
As a service provider within the Pi Network ecosystem, we maintain close alignment with Pi Network's compliance requirements and guidelines:
- Ecosystem Standards: We adhere to Pi Network's developer guidelines, technical standards, and best practices.
- Transaction Compliance: All Pi transactions processed through our platform follow Pi Network's transaction protocols and compliance requirements.
- Regular Audits: We undergo regular audits by Pi Network to ensure continued compliance with their ecosystem requirements.
Contact Our Compliance Team
For questions about our compliance policies or to report a compliance concern, please contact our dedicated compliance team:
Email: compliance@flux-pi.com
For regulatory inquiries, please contact us at cco@flux-pi.com.