Nowory Labs Private Limited (hereinafter referred to as ‘Nowory’, or 'the Company') offers services of online investment in Crypto by way of placing sale and/or purchase orders of Users in accordance with PMLA Guidelines on Virtual Digital Assets (VDA), March 10, 2023 (The Guidelines).

The Guidelines shall be called AML & CFT Guidelines for Reporting Entities Providing Services Related to Virtual Digital Assets (hereinafter called The Guidelines) and aim to provide a summary of the provisions of the applicable anti-money laundering, counter- terrorism financing, and proliferation financing legislations in India, and implications for the providers of services related to Virtual Digital Assets, hereinafter referred to as Service Providers (SPs) and their role in applying Anti-Money Laundering, Countering the Financing of Terrorism and Combating Proliferation Financing (AML/CFT/CPF) obligations. In accordance with the given context, the Company has created a KYC/AML/CFT Policy ('the Policy').

In this context, the key regulations and laws applicable to the Company are:

By virtue of the Policy, the Company intends to establish a robust and strong KYC/AML/CFT framework that will be adhered to while interacting with the relevant stakeholders.

The Board of Directors ('the Board') has the ultimate responsibility for the adoption and implementation of the KYC/AML/CFT framework.