Introduction

At Bitiloc, transparency is at the core of our business philosophy. We believe long-term trust can only be built through open communication, verified reporting, and full accountability across all layers of governance, financial operations, and compliance. This policy outlines our comprehensive commitment to continuous transparency and responsible disclosure.

1. Governance Transparency

• Clear oversight provided by the Board of Directors.

• Documented governance decisions and review processes.

• Strategic governance changes disclosed to regulators and relevant stakeholders.

• Archived internal records available for authorized audit purposes.

2. Financial Reporting

• Financial statements prepared under IFRS or equivalent GAAP standards.

• Annual external audits by certified third-party firms.

• Revenue, liquidity, fund allocation, and expense reports regularly reviewed.

• Financial disclosures made available for regulators and institutional partners.

3. Operational Performance Metrics

• Platform uptime, processing speeds, and support responsiveness continuously monitored.

• Monthly internal operational reports generated.

• Downtime events documented and disclosed when necessary.

• Real-time platform metrics made available for regulatory audits.

4. Independent Audits & Assurance

Third-party audits cover:

• Financial accuracy

• Security infrastructure

• Compliance frameworks (AML, KYC, GDPR)

• Penetration testing and vulnerability assessments

• Audit outcomes reviewed at board and governance levels.

5. Regulatory Compliance Reporting

• Full compliance with AML, KYC, CFT, GDPR, DIFC, UAE Central Bank, and FATF guidelines.

• Licensing updates, legal filings, and periodic disclosures are fully maintained.

• Cooperation with regulators during investigations or information requests.

6. User Account Transparency

• Real-time personal transaction logs and portfolio histories accessible via dashboards.

• Transparent calculation of commissions, bonuses, and platform fees.

• Users may export detailed financial statements for personal accounting or audits.

7. Risk Monitoring Reports

• Internal real-time risk tracking across all investment and liquidity positions.

• Executive risk committee reviews stress test reports and simulations.

• Proactive disclosure of emerging financial risks to internal governance bodies.

8. Incident Reporting & Disclosure

• Immediate internal escalation of any security or operational incidents.

• Prompt client notification when applicable.

• Regulatory filings completed for reportable incidents.

• Post-incident analysis disclosed following review.

9. Whistleblower Reporting Channels

• Secure anonymous channels for ethical or legal concerns.

• Full protection against retaliation for whistleblowers.

• Independent investigations overseen by compliance teams.

• Findings escalated to board-level committees.

10. Ongoing Transparency Evolution

• Policies updated as regulations, technologies, and market standards evolve.

• Collaboration with external advisors and regulators to refine disclosure frameworks.

• Continuous investment in improving transparency protocols and audit readiness.

Our Transparency Commitment

At Bitiloc, transparency is not optional—it is the foundation of our client relationships and regulatory responsibilities. We remain committed to full disclosure, independent validation, and continuous dialogue with investors, regulators, and global financial authorities.

Contact Information

📧 For reporting inquiries: reporting@bitiloc.com