Page 20 - FST White Paper

White Paper - FutureStart Token

Compliance Framework

Regulatory Compliance

Know Your Customer (KYC) / Anti Money Laundering (AML) Requirements
 User Verification Levels:
 Basic: Email, phone verification
 Standard: Government ID, proof of address
 Enhanced: Video verification, source of funds
 Transaction Monitoring:
 Small: < Rs.100000 daily
 Medium: Rs. 100000 - Rs.1000000 (enhanced monitoring)
 Large: > Rs. 1000000 (full review required)

Data Protection Standards
 GDPR Compliance:
 Data minimization principle
 Right to erasure implementation
 Data portability mechanisms
 Consent management system
 Regional Requirements:
 EU: GDPR protocols
 US: State-specific regulations
 APAC: Country-specific frameworks

Operational Compliance

Platform Operations
 Certificate Issuance Standards:
 Accreditation requirements
 Verification processes
 Quality assurance protocols
 Educational Standards:
 Content quality metrics
 Instructor verification
 Assessment standards

Financial Controls
 Treasury Management:
 Multi-signature requirements
 Spending limits structure
 Audit trail maintenance
 Revenue Recognition:
 Token transaction recording
 Fee structure compliance
 Tax reporting requirements

Nija – FutureStart Token 20 of 25 reach@futurestart.world