Educational Demo Only — Illustrates MiCA (EU Reg. 2023/1114) requirements. Not legal advice. Not compliance certification.

KYC/CDD Onboarding Workflow

Customer due diligence (CDD) risk assessment per MiCA Art. 74

Customer Information

MiCA Compliance Note

Implemented: Art. 74 — Customer due diligence (CDD) with automated risk scoring and CDD level assignment (simplified/standard/enhanced)

Implemented: Art. 75 — Record retention tracking (5 years from submission per Art. 75(1))

Implemented: High-risk jurisdiction detection (EU high-risk list) and PEP/sanctions check automation

Out of scope: Art. 49 (EMT notification) — not applicable to CASP onboarding

Out of scope: Live sanctions database integration — uses simplified example list; production requires OFAC/UN API

Out of scope: Real identity verification (KYC provider integration) — UI demo only

What this POC does not implement

  • ❌ Live OFAC/UN/EU sanctions list — requires licensed data provider integration
  • ❌ Biometric identity verification — requires licensed KYC provider (e.g., IDnow, Onfido)
  • ❌ Beneficial ownership verification — requires corporate registry integration
  • ❌ Ongoing transaction monitoring — requires real-time ledger integration
  • ❌ Regulatory reporting to FIU — requires direct API with national financial intelligence unit