As a marketplace operator, I want to ensure that all transactions and activities comply with international and local regulations pertaining to rare metals trade, so that the platform operates within legal requirements and maintains a high standard of integrity.
Acceptance Criteria
[ ] The marketplace complies with international trade laws for rare metals.
[ ] The marketplace adheres to specific local regulations in countries of operation.
[ ] Transactions are monitored for unusual patterns that might suggest illicit activities.
[ ] Users are KYC (Know Your Customer) verified before conducting transactions.
[ ] There is a clear protocol for reporting and addressing regulatory violations.
[ ] All data related to transactions is securely stored and can be retrieved for audit purposes.
[ ] The platform has a system to update regulations as they evolve on an international level.
sequenceDiagram
participant User
participant KYC
participant Platform
participant Regulator
User->>Platform: Submit transaction
Platform->>KYC: Verify user identity
KYC-->>Platform: Confirmation of user’s KYC status
Platform->>Regulator: Report transaction details
Regulator-->>Platform: Compliance confirmation
RegulationsCompliance for Rare Metals Marketplace
As a marketplace operator, I want to ensure that all transactions and activities comply with international and local regulations pertaining to rare metals trade, so that the platform operates within legal requirements and maintains a high standard of integrity.
Acceptance Criteria