Version: 1.8 Date of Last Update: March 14, 2025
Version: 1.8
Date of Last Update: March 14, 2025
1. INTRODUCTION
EZ Sweeps Inc. (hereinafter, “Company,” “we,” “us,” or “our”), operating https://www.ezsweeps247.com (the “Platform”), is committed to stringent compliance with Money Services Business (“MSB”) regulations as established by the Financial Crimes Enforcement Network (FinCEN) under the U.S. Department of the Treasury. This MSB Compliance Policy (the “Policy”) confirms our dedication to fulfilling federal and state obligations aimed at preventing financial crime, protecting users, and ensuring transparency in all financial dealings on our Platform. Please read this Policy in conjunction with our [Terms & Conditions] (“Terms”), [AML/BSA Policy], [KYC Policy], Source of Funds Policy, and other relevant guidelines. If any inconsistency arises, the Terms take precedence.
EZ Sweeps Inc. (hereinafter, “Company,” “we,” “us,” or “our”), operating https://www.ezsweeps247.com (the “Platform”), is committed to stringent compliance with Money Services Business (“MSB”) regulations as established by the Financial Crimes Enforcement Network (FinCEN) under the U.S. Department of the Treasury. This MSB Compliance Policy (the “Policy”) confirms our dedication to fulfilling federal and state obligations aimed at preventing financial crime, protecting users, and ensuring transparency in all financial dealings on our Platform. Please read this Policy in conjunction with our [Terms & Conditions] (“Terms”), [AML/BSA Policy], [KYC Policy], Source of Funds Policy, and other relevant guidelines. If any inconsistency arises, the Terms take precedence.
2. SCOPE AND APPLICABILITY
This Policy governs all operations, personnel, user activities, and third-party service providers affiliated with EZ Sweeps Inc. under MSB laws. It covers the handling, processing, and oversight of digital assets and virtual currency that may qualify under MSB guidelines.
This Policy governs all operations, personnel, user activities, and third-party service providers affiliated with EZ Sweeps Inc. under MSB laws. It covers the handling, processing, and oversight of digital assets and virtual currency that may qualify under MSB guidelines.
3. DEFINITION AND CLASSIFICATION OF MSB ACTIVITIES
EZ Sweeps Inc. may fall under MSB classification when performing:
EZ Sweeps Inc. may fall under MSB classification when performing:
3.1. Virtual Currency Exchange and Redemption
Converting digital currency into other forms of value, if so regulated by applicable statutes.
Converting digital currency into other forms of value, if so regulated by applicable statutes.
3.2. Stored-Value Transactions
Managing platform-based points, tokens, or in-game currency that can be traded for tangible goods or services.
Managing platform-based points, tokens, or in-game currency that can be traded for tangible goods or services.
3.3. Money Transmission
Facilitating the movement of digital assets between users, to the extent that it meets MSB legal thresholds.
Facilitating the movement of digital assets between users, to the extent that it meets MSB legal thresholds.
4. REGISTRATION AND LICENSING
4.1. Federal Registration
We meet FinCEN obligations for MSB registration where necessary at the federal level.
We meet FinCEN obligations for MSB registration where necessary at the federal level.
4.2. State-Level Licensing
We acquire state MSB licenses or related authorizations where legally mandated. License details are provided upon request.
We acquire state MSB licenses or related authorizations where legally mandated. License details are provided upon request.
5. ANTI-MONEY LAUNDERING (AML) PROGRAM
To adhere to MSB requirements, we maintain a comprehensive AML structure:
To adhere to MSB requirements, we maintain a comprehensive AML structure:
5.1. Customer Identification Program (CIP)
Requiring user identity verification during registration or prior to certain transactions, potentially involving government-issued ID and proof of residency.
Requiring user identity verification during registration or prior to certain transactions, potentially involving government-issued ID and proof of residency.
5.2. Customer Due Diligence (CDD)
Scrutinizing user activity for suspicious patterns; employing Enhanced Due Diligence (EDD) for high-value or intricate transactions.
Scrutinizing user activity for suspicious patterns; employing Enhanced Due Diligence (EDD) for high-value or intricate transactions.
5.3. Transaction Monitoring and Reporting
Automated systems to identify possible illicit behavior. We file Suspicious Activity Reports (SARs) with FinCEN as necessary, and Currency Transaction Reports (CTRs) for transactions exceeding statutory amounts.
Automated systems to identify possible illicit behavior. We file Suspicious Activity Reports (SARs) with FinCEN as necessary, and Currency Transaction Reports (CTRs) for transactions exceeding statutory amounts.
6. RECORD KEEPING AND RETENTION
We preserve all pertinent records—including transaction logs, KYC materials, and regulatory documentation—for a minimum of five (5) years. Access is restricted to authorized compliance staff or provided to regulators upon request, consistent with our [Privacy Policy].
We preserve all pertinent records—including transaction logs, KYC materials, and regulatory documentation—for a minimum of five (5) years. Access is restricted to authorized compliance staff or provided to regulators upon request, consistent with our [Privacy Policy].
7. PROHIBITED ACTIVITIES
EZ Sweeps Inc. strictly disallows:
EZ Sweeps Inc. strictly disallows:
7.1. Money Laundering and Terrorist Financing
Engaging in or facilitating any unlawful flow of funds.
Engaging in or facilitating any unlawful flow of funds.
7.2. Structuring Transactions
Deliberately splitting transactions to avoid mandated reporting thresholds.
Deliberately splitting transactions to avoid mandated reporting thresholds.
7.3. Use by Sanctioned Entities
Banning users or entities under economic sanctions (OFAC compliance).
Banning users or entities under economic sanctions (OFAC compliance).
7.4. Unauthorized Money Transmission Services
Operating money transmission functionalities without requisite authorization.
Operating money transmission functionalities without requisite authorization.
8. EMPLOYEE TRAINING AND INTERNAL CONTROLS
8.1. Training
All relevant employees receive regular training on MSB laws, AML measures, and transaction oversight best practices.
All relevant employees receive regular training on MSB laws, AML measures, and transaction oversight best practices.
8.2. Internal Controls
Periodic audits, risk assessments, and reviews are carried out to gauge the efficacy of our compliance framework.
Periodic audits, risk assessments, and reviews are carried out to gauge the efficacy of our compliance framework.
9. THIRD-PARTY SERVICE PROVIDERS
EZ Sweeps Inc. partners only with payment processors and external providers who uphold MSB-compliant practices:
Due Diligence: Rigorous checks before entering any third-party agreement.
Ongoing Monitoring: Routine confirmation that vendors observe AML/KYC protocols.
EZ Sweeps Inc. partners only with payment processors and external providers who uphold MSB-compliant practices:
Due Diligence: Rigorous checks before entering any third-party agreement.
Ongoing Monitoring: Routine confirmation that vendors observe AML/KYC protocols.
10. ENFORCEMENT AND NON-COMPLIANCE CONSEQUENCES
Failing to comply with this MSB Policy may result in:
Failing to comply with this MSB Policy may result in:
10.1. Account Suspension or Termination
Immediate restriction or closure of user accounts engaged in non-compliant conduct.
Immediate restriction or closure of user accounts engaged in non-compliant conduct.
10.2. Regulatory Action
Potentially incurring fines, civil sanctions, or license revocations by authorities.
Potentially incurring fines, civil sanctions, or license revocations by authorities.
10.3. Reporting to Authorities
Referring significant breaches to FinCEN or other enforcement agencies.
Referring significant breaches to FinCEN or other enforcement agencies.
11. POLICY UPDATES
We periodically reexamine this MSB Compliance Policy in light of shifting regulations, industry trends, and internal procedures. Any updated Policy will be posted on our website with a revised effective date. Continued Platform usage signifies acceptance of those changes.
We periodically reexamine this MSB Compliance Policy in light of shifting regulations, industry trends, and internal procedures. Any updated Policy will be posted on our website with a revised effective date. Continued Platform usage signifies acceptance of those changes.
12. CONTACT INFORMATION
For inquiries on this MSB Compliance Policy or to alert us of suspicious activities, please contact:
EZ Sweeps Inc. 500 Shatto Pl, Suite 420 Los Angeles, CA 90020
End of MSB Compliance Policy.
(© 2025 EZ Sweeps Inc. All rights reserved.)
For inquiries on this MSB Compliance Policy or to alert us of suspicious activities, please contact:
EZ Sweeps Inc.
500 Shatto Pl, Suite 420
Los Angeles, CA 90020
End of MSB Compliance Policy.
(© 2025 EZ Sweeps Inc. All rights reserved.)
