AML / KYC Policy
LUNA TECHNOLOGIES LIMITED maintains a risk-based anti-money laundering, counter-terrorist financing (AML/CFT) and Know-Your-Customer (KYC) programme aligned with applicable Tanzanian law and international best practice.
Template notice. This document is a working template prepared in advance of authorisation. LUNA TECHNOLOGIES LIMITED will publish the final, legally reviewed version prior to offering services. Please consult qualified Tanzanian counsel before relying on it.
1. Programme
Our programme is owned by a designated Money Laundering Reporting Officer (MLRO) and approved by the Board. It is reviewed at least annually and updated as risk evolves.
2. Customer due diligence
We perform tiered KYC on natural persons and KYB on legal persons, including identification, verification, beneficial ownership, source of funds and ongoing review.
3. Sanctions and PEP screening
All customers and counterparties are screened on onboarding and continuously thereafter against applicable sanctions, PEP and adverse-media lists.
4. Transaction monitoring
We monitor transactions in real time using rules and machine learning. Alerts are reviewed by our internal AML team; where warranted, suspicious transaction reports are filed with the Financial Intelligence Unit within statutory timelines.
5. Record keeping
We retain customer due diligence records and transaction data for the minimum period required by law (typically seven (7) years) and longer where required by competent authorities.
6. Training
All employees receive AML/CFT training on hire and at least annually thereafter.
7. Cooperation
We cooperate fully with the Bank of Tanzania, the FIU and other competent authorities in line with applicable law.
8. Contact
For AML enquiries: hello@payluna.tech.