Privacy Policy

1. Introduction

This Privacy Policy explains how MXRICH Pte Ltd (Company Registration No. 201501173N) ("MXRICH", "we", "us", or "our") collects, uses, discloses, and protects your personal data when you use the AML MxRICH platform ("Service").

We are committed to protecting your privacy and complying with the Personal Data Protection Act 2012 (PDPA) of Singapore.

2. Information We Collect

We may collect the following types of information:

• Account Information: Name, email address, phone number, company name, and NRIC/FIN (if provided).
• AML Screening Data: Details of individuals you screen (e.g., name, NRIC, passport number, date of birth, nationality) for sanctions, PEP, and adverse media checks.
• Usage Data: IP address, browser type, device information, and usage logs.
• Payment Information: Billing details (processed by third-party payment providers).

3. How We Collect Your Information

• When you register or use the Service
• When you perform AML checks
• Automatically through cookies and similar technologies
• From third-party data providers (e.g., sanction lists, public databases)

4. How We Use Your Information

We use your personal data for the following purposes:

• Providing and improving the AML screening service
• Verifying your identity and managing your account
• Conducting sanctions, PEP, and adverse media checks
• Communicating with you regarding the Service
• Complying with legal and regulatory obligations (including AML/CFT laws)
• Analytics and service improvement

5. Legal Basis for Processing

We rely on your consent, contractual necessity, and legitimate interests. For regulatory compliance (AML), processing may also be based on legal obligations.

6. Sharing and Disclosure of Information

We may disclose your personal data to:

• Third-party data providers for sanctions/PEP/adverse media screening
• Regulatory authorities when required by law
• Service providers who assist us (e.g., hosting, analytics, payment processors) under strict confidentiality agreements

Note: We do not sell your personal data to third parties for marketing purposes.

7. Data Security

We implement appropriate technical and organisational measures to protect your personal data against unauthorised access, alteration, disclosure, or destruction. However, no method of transmission over the Internet is 100% secure.

8. Data Retention

We retain your personal data only for as long as necessary to fulfil the purposes for which it was collected or as required by law. AML screening records are typically retained for at least 5 years to meet regulatory requirements.

9. Your Rights under PDPA

You have the right to:

• Access and correct your personal data
• Withdraw consent for processing
• Request deletion of your data (subject to legal obligations)

To exercise these rights, please contact us using the details below.

10. Cookies and Tracking Technologies

We use cookies to enhance your experience, analyse usage, and improve the Service. You can manage your cookie preferences through your browser settings.

11. International Data Transfers

Some of our third-party service providers may be located outside Singapore. We ensure appropriate safeguards are in place to protect your data.

12. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes by posting the updated policy on this page with a revised "Last Updated" date.

13. Contact Us

If you have any questions or concerns about this Privacy Policy or our data practices, please contact us at:

MXRICH Pte Ltd
Email: consultant001@mx-rich.com
Address: 12 Woodlands Square #13-79 Woods Square Tower 1, Singapore 737715