AML & KYC Policy

Rydemor operates as a digital marketplace intermediary and not as: • A bank • A licensed financial institution • A payment processor • An insurance underwriter However, due to digital payments and cross-border users, we implement AML/KYC controls aligned with: • Sri Lankan financial crime prevention standards • Global AML best practices • Payment network compliance requirements

Rydemor applies a risk-based monitoring framework. Higher scrutiny may apply to: • High-frequency bookings • Large transaction values • International card payments • Rapid booking cancellations • Inconsistent identity data • Mismatched payment details Accounts may be flagged for manual review.

Rydemor reserves the right to screen users against: • International sanctions lists • Politically Exposed Person (PEP) lists • Fraud databases • Internal risk registers Accounts matching restricted profiles may be suspended or terminated.

We may monitor transactions for: • Structuring behavior • Repeated refunds • Suspicious damage claims • Card testing activity • Proxy booking activity • Rapid multi-account behavior Monitoring may be automated or manual.

If suspicious activity is detected, Rydemor may: • Suspend accounts • Freeze funds • Request additional documentation • Cancel bookings • Report to relevant authorities where legally required We are not obligated to disclose investigations to affected users.

Rydemor may retain: • Identity documents • Transaction records • Communication logs • IP and device logs Records may be retained for a minimum period required under applicable laws and risk management policies.

Rydemor works with third-party payment providers that: • Conduct their own AML screening • Perform fraud monitoring • Enforce card network compliance Users agree to comply with payment provider verification requirements.

Rydemor may freeze accounts or hold funds if: • AML risk is identified • Fraud suspicion arises • Regulatory inquiry occurs • Identity verification fails Funds may be held for up to 180 days where chargeback or fraud risk exists.

The Platform may not be used for: • Money laundering • Terrorist financing • Sanctions evasion • Identity falsification • Using stolen payment instruments • Facilitating illegal activities Violation may result in permanent account termination and legal action.

Lithic Labs (Pvt) Ltd shall not be liable for: • Account freezes • Payment delays • Transaction reversals • Regulatory reporting • Losses arising from AML investigations Compliance actions may occur without prior notice.

This policy may be updated periodically to reflect regulatory changes. Continued use of the Platform constitutes acceptance of revisions.