PEXX's compliance process starts with risk assessments that continuously evaluate customer transactions and behaviors to identify high-risk profiles during the onboarding process.

For identity verification, we utilize OCR technology and live checks against official documents. Comprehensive background checks are also conducted to screen against AML, CTF, and global sanctions lists.
​
For transactions conducted on PEXX, we conduct ongoing transaction monitoring to detect suspicious activities.

In cases of high-risk transactions, additional documentation such as proof of funds may be required for Enhanced Due Diligence.
​
Last but not least, PEXX is committed to being compliant with AUSTRAC's requirements and mandates the reporting of any suspicious activities to regulatory authorities.