Compliance Engine

Circle's Compliance Engine helps developers enable compliance with evolving regulations in the blockchain space. It provides tools for automating transaction screening, monitoring, and adhering to Travel Rule regulations. Developers can integrate these capabilities into their blockchain workflows through new and updated APIs.

Introduction

The rapid evolution of digital assets has introduced new regulatory challenges for enterprises working with blockchain technologies. Ensuring compliance with Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and other jurisdictional requirements is now a fundamental need. Circle's Compliance Engine is a response to these challenges, offering a unified solution that developers can integrate into their applications.

The Compliance Engine is built around three flagship components:

• Transaction Screening, which automatically flags high-risk transactions in real-time, preventing potentially non-compliant activities before they occur. (BETA AVAILABLE)
• Transaction Monitoring, which continuously tracks and evaluates transactional behavior to identify patterns indicative of financial crime, like money laundering. (COMING SOON)
• Travel Rule, which helps organizations comply with Travel Rule requirements by securely sharing personal information (PII) and transaction data between virtual asset service providers (VASPs). (COMING SOON)

These tools provide a seamless solution for managing compliance workflows, protecting businesses from financial crime while reducing operational burden.

Key Features

• One-stop shop: Consolidate wallet management and transaction evaluations into a single platform to remove additional costs like internal training, vendor onboarding, or system integrations.
• Tailored Compliance: Define rules on how to handle transactions and alerts to ensure they align with your unique business use-case and regulatory requirements.
• In-depth investigations: Leverage console tooling to deep-dive and evaluate alerts and research specific wallet addresses to assist with transaction reviews or internal investigations.
• Allowlists & blocklists: Mitigate risk with quick and granular control over your business database of authorized or blocklisted entities.
• Comprehensive Reporting: Access and export detailed transaction logs and compliance data to facilitate internal investigations, or emphasize regulatory adherence.

Note: For integration details, check the Compliance Engine product sections below and explore the transaction screening options available in the Circle Console.