On JDC LAB, every jewelry seller is required to undergo a diligent KYC (Know Your Customer) procedure before they can upload and sell any jewelry. This procedure involves collecting and verifying the seller's identity information, business certificates, past transaction records, identification documents, and any other necessary data to ensure their authenticity and integrity. Our Quality and Safety team is responsible for conducting these checks and ensuring that a comprehensive KYC verification is completed before any jewelry is uploaded and sold by the seller. This is done to protect the interests of both buyers and sellers, ensuring that all transactions on our platform are legal and secure.
In addition, JDC LAB also implements Anti-Money Laundering (AML) procedures to ensure that our transactions with customers and partners are legal and transparent. We conduct risk assessments in accordance with AML regulations and establish internal control procedures to enable employees to identify and report suspicious activities. Furthermore, we continuously monitor past transaction records to ensure that all transactions comply with AML standards and requirements.
In summary, JDC LAB implements strict KYC and AML procedures to protect the interests of our customers and partners, ensuring that all transactions are legal and transparent.