AML Meter Disclaimer

1. Purpose of This Platform

AML Meter is a compliance technology platform designed to support organizations in implementing risk-based Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and sanctions compliance frameworks.

All tools, outputs, and functionalities are intended to assist compliance processes, not replace them.

AML Meter does not provide legal, regulatory, or advisory services.

2. Relationship With Terms and Privacy Policy

This Disclaimer should be read in conjunction with:

• ▣AML Meter Terms and Conditions
• ▣AML Meter Privacy Policy

Together, these documents govern the use of the platform, including:

• ▣User obligations
• ▣Data processing practices
• ▣System limitations and responsibilities

In the event of any inconsistency, the Terms and Conditions shall prevail.

3. Regulatory and Legal Positioning

AML Meter is not:

• ▣A regulatory authority
• ▣A licensed compliance advisory firm
• ▣A substitute for internal AML/CFT programs

Use of AML Meter does not guarantee compliance with:

• ▣UAE AML/CFT regulations
• ▣Bangladesh AML laws
• ▣European Union regulatory frameworks, including General Data Protection Regulation
• ▣UAE Federal Decree-Law No. 45 of 2021 (UAE Personal Data Protection Law)

Users remain solely responsible for meeting all applicable legal and regulatory obligations.

4. Data Protection and Roles (GDPR & PDPL Alignment)

4.1 Role of AML Meter

Depending on the context:

• ▣AML Meter acts as a Data Controller for:
  • - Account registration
  • - Billing and subscription management
  • - Platform usage analytics
• ▣AML Meter acts as a Data Processor for:
  • - Customer data uploaded by clients
  • - Screening, risk scoring, and monitoring activities

4.2 User Responsibility

Clients (users of AML Meter):

• ▣Act as Data Controllers for their customer data
• ▣Must ensure lawful basis for processing under:
  • - GDPR principles (lawfulness, fairness, transparency)
  • - UAE PDPL requirements
• ▣Are responsible for:
  • - Obtaining necessary consents
  • - Ensuring data accuracy
  • - Responding to data subject rights requests

5. Cross-Border Data Considerations

AML Meter may process or store data across jurisdictions, including:

• ▣United Arab Emirates
• ▣Bangladesh
• ▣Other cloud infrastructure locations

Users acknowledge and agree that:

• ▣Cross-border data transfers may occur
• ▣Appropriate safeguards (contractual, technical, organizational) are implemented where required

However, users remain responsible for ensuring compliance with:

• ▣GDPR cross-border transfer rules
• ▣UAE PDPL data transfer restrictions

6. Accuracy and Limitations of Outputs

AML Meter generates outputs including:

• ▣Risk scores
• ▣Sanctions/PEP screening results
• ▣Alerts and advisory flags

These outputs are:

• ▣Based on configurable models and external data
• ▣Subject to inherent limitations, including:
  • - False positives
  • - False negatives
  • - Data latency or gaps

AML Meter does not guarantee:

• ▣Completeness
• ▣Real-time accuracy
• ▣Regulatory acceptance of outputs

All outputs must be independently reviewed.

7. Human Oversight Requirement

AML Meter is strictly a decision-support system.

Users must ensure:

• ▣Qualified compliance professionals review outputs
• ▣Decisions are not made solely based on automated results
• ▣Appropriate escalation and governance processes are followed

This aligns with:

• ▣Risk-based approach principles
• ▣GDPR expectations regarding automated decision-making
• ▣Regulatory expectations on human oversight

8. Third-Party Data and Integrations

AML Meter may rely on third-party data sources, including:

• ▣Sanctions lists
• ▣PEP databases
• ▣Adverse media feeds

AML Meter:

• ▣Does not control these sources
• ▣Does not guarantee their completeness or accuracy

Users must validate results before reliance.

9. System Availability and Technical Limitations

AML Meter aims for high availability but does not guarantee uninterrupted service.

Potential limitations include:

• ▣Scheduled maintenance
• ▣Technical disruptions
• ▣Integration dependencies

AML Meter is not liable for losses arising from such interruptions.

10. Limitation of Liability

To the fullest extent permitted by applicable law, AML Meter shall not be liable for:

• ▣Regulatory penalties or enforcement actions
• ▣Incorrect risk assessments or screening outcomes
• ▣Business losses resulting from system use
• ▣Data-related issues arising from client inputs

Use of AML Meter is at the user's own risk.

11. No Advisory or Fiduciary Relationship

Use of AML Meter does not create:

• ▣Legal advisory relationships
• ▣Consulting engagements
• ▣Fiduciary duties

AML Meter remains a technology provider only.

12. Intellectual Property

All platform components, including:

• ▣Risk models
• ▣Methodologies
• ▣System architecture
• ▣Reports and outputs

Are the intellectual property of AML Meter unless otherwise stated.

Unauthorized use or reproduction is prohibited.

13. Updates and Modifications

AML Meter reserves the right to update this Disclaimer to reflect:

• ▣Regulatory changes
• ▣Product enhancements
• ▣Legal requirements

Continued use of the platform constitutes acceptance of such updates.

14. Contact

For any questions regarding this Disclaimer, Privacy Policy, or Terms: