In accordance with the ACT ON REPORTING AND USING SPECIFIED FINANCIAL TRANSACTION INFORMATION (hereinafter referred to as the “Specified Financial Information Act”) and the FINANCIAL TRANSACTIONS REPORT AND SUPERVISION REGULATION, we implement the Customer Due Diligence (KYC) system. To use our services, you are required to complete the Customer Due Diligence process.

1. Applicable Customers

   • New and existing members (including corporations and financial transaction parties such as agents)

   
   

2. Timing of Implementation

   1. Upon new membership registration

   2. When the periodic re-verification for existing members is due

   3. When there is a change in important information of an existing member

   4. In other cases where additional verification is required to address concerns related to money laundering or similar activities

   
   

3. Customer Identification and Verification (*All customer identification procedures at DSRV are conducted in person.)

   1. Identification Items for Corporate/Organization Customers

      1. Name of the corporation (or organization)

      2. Real name identification number

      3. Address or location of headquarters and business site (for foreign corporations, the actual business address where contact is possible)

      4. Information about key executives and agents such as the representative, CEO, directors, etc.: in accordance with identification requirements for individual customers

      5. Industry type (for for-profit corporations), and company contact information

      6. Purpose of establishment (for non-profit corporations)

      7. In the case of a trust: identity information of the settlor, trustee, trust administrator, and beneficiary

   2. Verification Items for Corporate/Organization Customers

      1. Name of the corporation (or organization)

      2. Real name identification number

      3. Address or location of headquarters and business site (for foreign corporations, the actual business address where contact is possible)

      4. Industry type (for for-profit corporations)

      5. Purpose of establishment (for non-profit corporations)

   3. Additional Information for Verification

      1. Classification of the corporation (e.g., large enterprise, SME), listing status (e.g., KOSPI, KOSDAQ), date of establishment, website address or email, and other basic company information

      2. Source and origin of funds

      3. Purpose of the transaction

      4. If deemed necessary by the financial institution: expected frequency and amount of transactions, characteristics and detailed information of the company (e.g., main products/services, market share, financial information, number of employees, major suppliers, major clients, etc.)

   4. If the Customer is a Virtual Asset Service Provider (VASP)

      1. Identification and verification items listed above for corporations/organizations

      2. Compliance with the obligation to report and update changes as a VASP

      3. Matters related to acceptance of the report

      4. Matters related to administrative revocation of the report or change report

      5. Whether customer deposits are separated from the company's proprietary assets

      6. Whether the company has obtained certification for its information protection management system

      7. Pursuant to Article 5-2, Paragraph 4 of the Specified Financial Information Act, if a customer refuses to provide identification information or submit required documents, the company may refuse or terminate the transaction

   5. Identification and Verification Items for Agents (*Bolded items are those that must be verified.)

      1. Full name

      2. Date of birth and gender: for non-resident foreigners

      3. Real name identification number

      4. Nationality: for foreigners

      5. Address and contact information: actual place of residence or contact for non-resident foreigners

      6. Occupation or industry, and other information deemed necessary by the financial institution to prevent money laundering

   
   

4. Ongoing Customer Due Diligence

   • In accordance with Article 34 (Ongoing Customer Due Diligence) of the Business Regulations on Anti-Money Laundering and Anti-Terrorism Financing, customers using DSRV’s services are required to periodically re-complete the customer identification process.

   • The re-verification interval is determined based on the customer’s risk assessment. Notification will be sent via the registered email or SMS starting 30 days before the re-verification due date.

   
   

5. Measures in Case of Refusal to Provide Customer Identification or Verification

   • In accordance with Article 5-2, Paragraph 4 of the Specified Financial Information Act (Obligation of Customer Due Diligence by Financial Institutions, etc.), if a customer refuses to provide the necessary information for identity verification and customer due diligence, and thus customer verification cannot be performed, DSRV may refuse to initiate new transactions with the customer—such as wallet creation—or may terminate existing transactions if a business relationship has already been established.