AML Rule Conditions and Actions

This section describes the conditions that you can set for any single AML rule you create while building a policy.

When you create a rule, first set the rule's Action to be taken if all the conditions of the rule are met. There are three action options:

• Allow a transaction.
• Skip the scan of a transaction.
• Require approval for a transaction.

Then, add any of the following conditions:

Severity

Severity indicates the level of risk associated with the transaction, according to the selected provider. Options are Any,Low, Medium, and High.

Category

Category is the risk category as defined by the AML provider, for example: Gambling, Fraud and others.

Exposure Type

Exposure Type options are Any, Direct, or Indirect exposure. For example, a direct exposure is when a transaction directly interacts with a risky entity; indirect exposure is when the connection is one or more steps removed.

Initiator

The Initiator condition lets admins select which user or group of users will be part of the rule. A user can appear both as an individual and as part of a group.

Origin

The Origin condition lets admins select which vaults or group of vaults will be part of the rule.

Recipient

The Destination/Recipient condition lets admins set rules on the destination or recipient of the transaction. The recipient of a transfer is the address that receives the funds of the transfer.

Transaction amount

The Transaction Amount condition lets admins specify a maximal amount in USD for the transaction to be matched in a particular rule.