What are the current KYC and AML processes that are conducted by Diamond Pigs?

What are the current KYC and AML processes that are conducted by Diamond Pigs?

Our KYC process involve the following steps:
  1. Validation of Email address
  2. Validation of the mobile phone number using SMS verification,
  3. Providing user's address details (home address). We do compare the country code of the mobile phone and the country provided, although this is not a 100% check, we use this to be reasonably sure we provide the right VAT tax tariff for our invoices (which depends on the country our customers live).

Our AML/CDD process involves:
  1. Guarantee that the funds we manage for users do not originate from money laundering (we only ask this, but do not have the means to check this at this point),
  2. Stating if the customer is a “US person” (either by having a US citizenship or permanent resident card). 
The full KYC and AML verification is handled by the exchanges.

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