MobiWallet operates with full regulatory compliance and adherence to global financial standards
We comply with regulations across multiple jurisdictions
Registered with FinCEN and licensed as a Money Services Business (MSB) in all 50 states. Compliant with Bank Secrecy Act (BSA) requirements.
Authorized by regulatory authorities as an Electronic Money Institution (EMI). Full compliance with PSD2 and MiFID II directives.
Authorized by the Financial Conduct Authority (FCA) as a Payment Institution under the Payment Services Regulations 2017.
Licensed in Singapore (MAS), Hong Kong (HKMA), and Australia (ASIC) with full regulatory compliance in each jurisdiction.
Comprehensive AML/CTF programs compliant with FATF recommendations and local regulations including suspicious activity reporting.
Adherence to consumer protection regulations including fund segregation, complaints handling, and transparent fee disclosure.
Industry-recognized certifications demonstrating our commitment to excellence
Payment Card Industry Data Security Standard Level 1 compliance - the highest level of payment card security certification.
Annual re-certification
Information Security Management System certification demonstrating systematic approach to managing sensitive information.
Valid until Dec 2026
Service Organization Control 2 audit report confirming security, availability, processing integrity, confidentiality, and privacy controls.
Annual audit
Full compliance with European General Data Protection Regulation including data protection by design and by default.
Continuous compliance
Quality Management System certification ensuring consistent quality in service delivery and customer satisfaction.
Valid until Jun 2026
Business Continuity Management System certification ensuring resilience and ability to respond to disruptive incidents.
Valid until Sep 2026
Our ongoing commitment to regulatory excellence
Comprehensive identity verification process for all users including document verification, biometric checks, and ongoing monitoring. We verify identity, address, and source of funds as required by regulations.
Advanced transaction monitoring systems detect suspicious patterns in real-time. We maintain detailed records, file suspicious activity reports (SARs), and cooperate fully with law enforcement agencies.
Screening against global sanctions lists and politically exposed persons (PEP) databases. Automated alerts for high-risk transactions and continuous monitoring of customer activities.
GDPR-compliant data handling with data minimization, purpose limitation, and storage limitation principles. Regular privacy impact assessments and data protection officer oversight.
Customer funds are held in segregated accounts separate from corporate funds. This ensures your money is protected even in the unlikely event of company insolvency.
Internal and external audits conducted quarterly and annually. Regular reporting to regulatory bodies including transaction reports, suspicious activity reports, and compliance certifications.
All employees complete mandatory compliance training covering AML, data protection, security, and ethical standards. Regular refresher courses and specialized training for compliance teams.
Comprehensive vetting of all partners, vendors, and service providers. Regular reviews ensure ongoing compliance with our standards and applicable regulations.
For questions about our regulatory compliance or to request documentation
Compliance Department
Email: compliance@mobiwallet.com
Phone: +1 (555) 123-4567 ext. 200
Address: 123 Market Street, Suite 500, San Francisco, CA 94103