How Liminals integration with TRM Labs can help businesses with AML and other regulatory requirements.

As the use of digital assets continues to grow, so does the risk of financial crime and other illicit activities involving cryptocurrencies. This is why it is essential for businesses that deal in digital assets to have strong compliance and risk management programs in place.

A good compliance program will help businesses to:

• Comply with anti-money laundering (AML) and other regulatory requirements

• Detect and prevent financial crime, such as money laundering and fraud

• Mitigate the risk of reputational damage

• Protect customer data and assets

To provide our customers with the insights and data to identify and investigate suspicious transactions, and to assess the risk of doing business with a particular entity, we have integrated with TRM Labs.

Why TRM Labs?

TRM Labs is a leading provider of blockchain intelligence solutions that help businesses to comply with AML and other regulatory requirements. The company's platform provides a wide range of tools and services, including:

• Transaction monitoring: TRM Labs' transaction monitoring tools help businesses to identify and investigate suspicious transactions.

• Wallet screening: TRM Labs' wallet screening tools help businesses to identify high-risk wallets and to prevent transactions with these wallets.

• Entity risk scoring: TRM Labs' entity risk scoring tools help businesses assess the risk of doing business with a particular entity.

• Compliance reporting: TRM Labs' compliance reporting tools help businesses generate reports that demonstrate their compliance with AML and other regulatory requirements.

How the integration of Liminal with TRM Labs will help

The integration of Liminal with TRM Labs will provide Liminal users with a number of benefits, including:

• Reduced risk of financial crime: By using TRM Labs' tools and services, Liminal users can help to reduce the risk of financial crime, such as money laundering and fraud. TRM Labs' tools can identify and investigate suspicious transactions, and prevent transactions with high-risk entities.

• Destination address screening: During sending a new transaction or whitelisting a new address, users will get details on the risk score and category of the destination address, as shown below. Based on this information, users can decide if they want to proceed or block this transaction.

• Transaction screening: All users' transactions will be screened for risks and a risk score will be linked to their transactions. This information can be used to make more informed decisions about whether to proceed with a transaction, and it can also help users to comply with AML and other regulatory requirements.

• Compliance report: Users will get access to a compliance report that provides a detailed overview of their transaction history and risk profile. This report can be used to demonstrate compliance with AML and other regulatory requirements, and it can also be used to identify areas where risk can be mitigated.

The integration of Liminal with TRM Labs is a valuable addition to Liminal's compliance and risk management toolkit. By using TRM Labs' tools and services, Liminal users can help to protect themselves from financial crime, comply with AML and other regulatory requirements, and enhance the security of their transactions