Compliance¶
Overview¶
The compliance layer is the core governance framework for permissioned token transfers in the Nestor Protocol. It encompasses three primary screening functions:
- KYC/AML — Know Your Customer / Anti-Money Laundering
- Sanctions screening
- PEP screening — Politically Exposed Persons
Key Features¶
Token Transfer Governance: The framework establishes offering rules and transfer restrictions to ensure transfers are conducted in line with the legal and regulatory guardrails of MiFID II.
Upgrade Capability: The compliance modules are designed as upgradeable components, with each module being tied to specific tokens rather than operating as a monolithic system.
Regulatory Alignment: The system is structured to support permissioned network participation, meaning participants must satisfy compliance requirements before engaging in token transfers.