Regulatory Compliance Engine
Last updated
Last updated
Welcome to Blade Labs' comprehensive compliance and risk management documentation. Our system provides end-to-end compliance solutions, including automated KYC/AML checks, AI-driven user categorization, and advanced fraud prevention.
Our automated KYC/AML system provides instant verification and risk assessment for all users.
Real-time document verification
Instant identity confirmation
Automated residency checks
Multi-document support
Green: Automatic approval
Clear documentation
No risk indicators
Complete verification
Yellow: Manual review option
Minor discrepancies
Additional verification needed
Review requirements
Red: Enhanced due diligence
Risk indicators present
Downloadable reports
Detailed analysis
Source of Funds (Individual)
Income verification
Asset documentation
Transaction history
Enterprise Documentation
Register of Directors
Company structure
Ownership details
The Know Your Transaction (KYT) system provides real-time blockchain transaction monitoring and risk assessment capabilities. It enables compliance with regulatory requirements by tracking and analyzing on-chain activities, identifying suspicious patterns, and maintaining comprehensive audit trails.
Initial Address Screening
Wallets would be categorized based on the rules into risk categories
Severe / High / Medium / Low
Ongoing KYT Monitoring
User Behavior alerts
Risk Categories
The system essentially transforms complex regulatory requirements into an automated, user-friendly process while maintaining full compliance across multiple jurisdictions.
Regulatory Classification & Assessment
Automatically categorizes clients
Evaluates suitability and appropriateness of financial products
Performs cross-border compliance checks
Real-time assessment adjustments
Key Features
Pre-configured with legislative frameworks from multiple jurisdictions
Score-based decision making
Institution-specific regulatory matrix
Interactive questionnaires that adapt to user responses
Compliance verification across different countries and products
Main Benefits
Reduces onboarding time from days to under 3 minutes
Eliminates manual compliance checks
Ensures consistent regulatory compliance
Improves customer experience
Reduces operational costs
Prevents human error in compliance processes
Output
Provides detailed RAG (Red, Amber, Green) reports
Shows breakdown of client categorization
Lists applicable legislative provisions
Includes regulatory authority references
Generates client risk appetite profiles
Bot Detection
Browser Tampering
Device Rooting
Emulator Detection
Virtual Machine Detection
App Cloning
Jailbreak Detection
Frida Detection
Location Spoofing
VPN Usage
Incognito Mode
Privacy Settings
The UK Questionnaire system implements FCA requirements for crypto asset service providers, ensuring proper assessment of retail clients' knowledge, experience, and financial standing. This system complies with the FCA's Consumer Duty requirements and the UK's crypto marketing restrictions introduced in 2024.
Consumer Duty obligations
Financial promotion restrictions
Client categorization requirements
Appropriateness assessment
Risk warning requirements
Detailed question structures
Scoring system
Risk mitigation measures
Compliance reporting requirements
Error handling
Best practices
Support information
KYC flag on the token (it cannot be handled by a non KYCd user)
Wipe, Freeze, Unfreeze
Cash In, Burn, Get balance
Grant KYC, Revoke KYC, Check KYC
Rescue
Blocking access to Blade Labs products to users from sanctioned countries (or where crypto is illegal, e.g. China)
Comprehensive list maintained in system
Automatic updates
Real-time checking
Audit logging
Regular Updates
Monitor sanctions lists
Update country restrictions
Maintain compliance records
Documentation
Keep detailed logs
Maintain audit trails
Regular reporting
Emergency Procedures
Incident response
Regulatory reporting
Account freezing
| UNSC Sanction List |
|---|
Central African Republic
China (mainland)
Congo, Democratic Republic
Democratic People's Republic of Korea (North Korea)
Eritrea
Guinea-Bissau
Iran
Iraq
Lebanon
Libya
Mali
South Sudan
Sudan
Syrian Arab Republic
Yemen
Russia
