Compliance & Regulatory Disclosures

Regulatory Posture

Livsquare is operated by GET IN LETTINGS LIMITED (Company No. 10959767), 793 Commercial Road, London, England, E14 7HG. Services are delivered via regulated partners where applicable. Platform access is limited to eligible, verified users and may be further restricted by jurisdiction, investor qualification and product-level offering documents. We reserve the right to update our regulatory posture and counterparties without prior notice.

Scope & Applicability

This framework applies to all website visitors, registered account holders, investors, property owners and counterparties engaging with our platform, products or operations infrastructure. By using our services you agree to comply with these requirements and to provide complete and accurate information, documents and certifications when requested.

Anti–Money Laundering & Counter–Terrorist Financing Program

• Risk-Based Approach: Customer, product, delivery channel and geography risks scored on onboarding and throughout the lifecycle.
• Customer Due Diligence (CDD): Identity verification, sanctions and adverse media screening prior to account activation or funding.
• Enhanced Due Diligence (EDD): Triggered for higher risk profiles, complex ownership, PEP exposure, high-risk geographies, unusual transaction patterns or negative media.
• Sanctions Controls: Screening against relevant consolidated lists (e.g., OFAC, UK HMT, EU, UN).
• Blockchain Analytics: Screening of wallet addresses and transaction flows for exposure to sanctioned or illicit entities.
• Ongoing Monitoring: Automated and manual surveillance of activity, periodic refresh of KYC/KYB files.
• Training & Governance: Staff training, independent testing and periodic program review.
• Reporting: Suspicious Activity Reports (SARs/STRs) filed where mandated by law.

KYC Requirements (Individuals)

• Government-issued photo ID and live verification.
• Proof of address dated within 3 months.
• Date of birth, nationality, tax residency and identifiers where required.
• Accredited/qualified investor attestations and evidence where applicable.
• Source of funds/wealth declarations and corroborating documents for material funding.
• Wallet verification and, where required, proof of ownership of on-chain addresses used to fund.

We may request additional documents at any time. Failure to provide complete and accurate information may result in account restrictions or closure.

KYB (Entities)

• Constitutional documents, certificate of incorporation/registration and good standing.
• Share registers and organisational chart identifying ultimate beneficial owners (UBOs) at ≥10% (or stricter thresholds where required).
• Board resolution authorising account opening and designated signatories.
• Verification of directors, controllers and UBOs (KYC on natural persons).
• Business activities description, expected transaction profile and jurisdictions.
• Source of funds/wealth for UBOs and funding entities; audited financials where appropriate.

PEP Exposure & Sanctions Screening

• Politically Exposed Persons (PEPs), their close associates and family members are subject to EDD and senior management approval.
• We screen customers and transactions against UK HMT, OFAC, EU and UN lists, relevant local lists and adverse media databases.
• Matches or material alerts may lead to rejection, blocking, reporting and/or account closure.

Source of Funds & Source of Wealth

We require clear, verifiable provenance for all material inflows, including but not limited to employment income, business proceeds, investment gains, inheritance or property disposals. Documentation may include bank statements, payslips, tax returns, sale contracts, audited financials and on-chain proofs. Where provenance is insufficient or inconsistent, we may decline transactions, freeze activity, and/or close the account.

Ongoing Monitoring & Triggers for Review

• Rapid changes in transaction volume or pattern versus stated profile.
• Use of high-risk counterparties, mixers, privacy tools or sanctioned exposure.
• Frequent failed KYC/KYB refresh, document tampering or inconsistent disclosures.
• Adverse media or law enforcement enquiries.

We may require updated information at any time. Non-response may lead to restrictions or termination.

Account Reviews, Restrictions & Closure

• Right to Refuse Service: We may decline applications at our sole discretion and without obligation to disclose reasons beyond legal requirements.
• Freezing & Holds: We may place holds on accounts or transactions to complete reviews, comply with legal process or manage sanctions/AML risk.
• Suspension/Termination: We may suspend or close accounts for KYC/KYB failures, inaccurate or incomplete information, prohibited activity, sanctions risk, or non-cooperation during reviews.
• Information Requests: Continued access is contingent on timely provision of information and documents. Failure to comply can result in permanent closure.
• Reporting: Where required, we may file regulatory reports and are prohibited from “tipping off”.

Restricted & Prohibited Countries

Livsquare does not offer services to individuals or entities from the following countries due to legal and regulatory restrictions. If you are located in or a resident of any of these countries, you must immediately cease using our website and services. We utilise IP geolocation, VPN/proxy heuristics and documentary verification to enforce these restrictions. Use of our services from these countries is strictly forbidden.

This list may be updated at any time to reflect regulatory changes, sanctions updates or internal policy decisions. Attempting to circumvent controls (including via VPNs, proxies, shell entities or falsified documents) is grounds for immediate termination and may be reported.

Prohibited Activities

• Sanctions evasion, money laundering, terrorist financing or fraud.
• Use of stolen, hacked, mixed or privacy-enhanced funds where provenance cannot be established.
• Deceptive schemes, market manipulation or misrepresentation of identity/beneficial ownership.
• Use of third-party accounts or wallets without clear, lawful purpose and documentation.
• Any activity that violates applicable laws, regulations or our Terms.

Recordkeeping

We retain KYC/KYB documents, transaction records, communications, risk assessments and monitoring outputs for periods required by applicable law, typically at least 5–7 years after the end of the relationship, and longer where investigations or legal obligations apply.

Privacy & Security

We protect customer information using encryption, access controls, vendor oversight and privacy-by-design principles. See our Privacy Policy for details on data rights, cookie preferences and security measures.

Regulatory Reporting & Lawful Requests

• We may file Suspicious Activity Reports/STRs with relevant authorities where warranted and are legally prohibited from tipping-off customers.
• We respond to lawful information requests and court orders consistent with applicable privacy and data protection laws.
• We may block, freeze or reject transactions or accounts to comply with legal or sanctions obligations.

Contact Compliance

Email: compliance@livsquare.xyz

GET IN LETTINGS LIMITED, 793 Commercial Road, London, England, E14 7HG