Quote:
Originally Posted by digitalfantasies
You keep talking about USA. AWE is in Luxembourg Europe and KYC is part of many different legislations and NOT only for banks
The digital service act has passed which makes KYC obligated for even more businesses.
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The way I'm reading that...it's the AFFILIATE that should be demanding documents from the sponsor.
Not the other way around.
The SPONSOR is the one "providing services". The only thing an affiliate is doing is putting up a link that says: "hey, check this out"
I'm not the one processing the credit card as an affiliate, and I'm not the one "providing a service"
As usual, bad legal advice is being given in some misguided attempt to cover their asses.
I don't care if it's Europe, Asia, or America...I don't see any way that any government is going to want to see KYC info on an affiliate putting up links.
The SPONSOR is the one providing promotional material, taking the money from customers, and providing the service.
They've got it all backwards.