Compliance Enablers

Compliance service providers overview

TL;DR

• Panther Protocol is agnostic as to which individual service providers enable the compliance aspects of the Protocol

• 3 services are required, these may be issued by the same operator, or different operators, as per the Zone Manager's preference:

  • KYC

  • KYT

  • Data Escrow

i.e. the same service provider may provide all 3 services, or the Zone Manager may engage 2, or 3 providers.

KYC

Know Your Customer data will be required by the majority of regulators world-wide. The Zone Manager will work with KYC service providers to collect the relevant data according to their Zone's compliance requirements.

KYT

Know Your Trade data will be required by the majority of regulators world-wide. The Zone Manager will work with KYC service providers to collect the relevant data according to their Zone's compliance requirements.

Data Escrow

Basic audit data will be stored by specialist service providers that may then be revealed in special circumstances of legally-required forced reveals. The Zone Manager will be required to coordinate with the specialist data storage provider to "crack" open this data storage mechanism to undertake the reveal.