Terms and Conditions of Use
Welcome to EMS Money Inc. By accessing or using our services and platform (https://emsmoney.io and/or https://app.emsmoney.io), you agree to the terms below. Please read them carefully before proceeding.
## 1. About EMS Money Inc.
We are a company registered in Canada, licensed as a Money Services Business (MSB) by FINTRAC (M21606792), and also operate as a Virtual Asset Service Provider (VASP). We offer international payment solutions, currency exchange, invoice settlement, and services for converting between fiat currencies and cryptoassets for businesses and institutions.
## 2. Regulatory Compliance
EMS Money Inc. follows strict compliance standards, including Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) policies, risk analysis, customer due diligence, transaction monitoring, and reporting to authorities, as required by FINTRAC, FINCEN (USA), and the European Union.
## 3. Cryptoasset Risk Warning
**WARNING: RISKS ASSOCIATED WITH CRYPTOCURRENCIES AND DIGITAL ASSETS**
– Transactions involving cryptoassets (such as USDT, USDC, and others) carry high risks of financial loss, price volatility, cyber-attacks, fraud, and unexpected regulatory changes.
– Cryptoassets are not legal tender in most countries and are not guaranteed by governments or central banks.
– Funds transferred in cryptoassets may be unrecoverable in case of error, loss of wallet access, or security incidents.
– The use of cryptoassets may be limited or prohibited in certain countries. It is your responsibility to ensure your operations comply with local laws.
– EMS Money Inc. monitors all transactions and may block, suspend, or report suspicious activities as required by authorities.
**By using our services, you acknowledge and accept all risks involved in cryptoasset transactions.**
## 4. Jurisdictional Restrictions
– Our services are primarily intended for companies resident in Canada.
Exceptionally, foreign companies may be served provided that the request for services is made on a spontaneous basis, in accordance with the Principle of No Active Solicitation and our internal compliance policy.
– We do not serve individuals or companies located in countries or regions prohibited by organizations such as FATF, OFAC, FINCEN, the European Union, or FINTRAC. You may request our updated list of restricted jurisdictions at any time.
– **Principle of No Active Solicitation:**
In accordance with the rules of the European Union (MiCA, MiFID II), FINTRAC (Canada), and FCA (United Kingdom), EMS Money Inc. does not engage in marketing, advertising, or direct outreach to offer services to residents of other countries. If a foreign company contacts us on its own initiative, we may consider providing services, always respecting local laws and our compliance criteria, including enhanced due diligence and regulatory checks.
– By registering, you confirm that you are not in a restricted country and will not use EMS Money Inc. for illegal activities.
## 5. Anti-Money Laundering (AML) and KYC
– All clients undergo identity verification (KYC), beneficial ownership analysis, risk assessment, and continuous transaction monitoring.
– Clients considered high risk, PEPs (Politically Exposed Persons), or from sensitive countries undergo enhanced due diligence and may have their registration denied.
– Suspected illegal activities will be reported to authorities and may result in account blocking or closure.
## 6. Privacy and Data Protection
– We comply with the Canadian Personal Information Protection and Electronic Documents Act (PIPEDA) and other applicable regulations, including FINTRAC and European Union guidelines.
– Your data is used solely to provide services, prevent financial crime, fulfill legal obligations, and ensure security.
## 7. Limitation of Liability
– EMS Money Inc. is not responsible for losses caused by market fluctuations, technical failures, cyber-attacks, or improper use of cryptoassets by the user.
– Users are responsible for keeping their access credentials and devices secure.
## 8. Changes to Terms
– These terms may be updated to reflect changes in regulations, operations, or security. The most recent version will always be available on our website.
## 9. Contact
If you have any questions or requests regarding these Terms and Conditions, please email compliance@emsmoney.io.
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**By continuing with registration and use of EMS Money Inc., you declare that you have read, understood, and accept all these Terms and Conditions.**
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## Legal References
– FINTRAC / PCMLTFA (Canada)
– MiCA, Art. 61 (European Union)
– MiFID II, Art. 42 (European Union)
– Financial Services and Markets Act 2000 and FCA Guidance (United Kingdom)
– FATF, OFAC, FINCEN (international)
