Legal information

1. Introduction

Welcome to Buburuza™, the world's first fully autonomous, AI-powered digital bank ecosystem designed to seamlessly bridge fiat currencies, cryptocurrencies, and real-world assets through innovative technologies like our proprietary Buburuza-Chain blockchain and the Buburuza Real-world assets platform. This Legal Information document provides a detailed overview of the legal and regulatory framework governing your use of our websites (including https://buburuza.com), mobile and web applications, Telegram-integrated services, and all related offerings (collectively, the "Services"). By accessing or using our Services, you acknowledge that you have read, understood, and agree to be bound by this document, along with our separate Master Legal Agreement and all referenced policies, which form the basis of our contractual relationship.

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Our ecosystem is built on principles of innovation, security, and shared growth, empowering users with hyper-personalized financial services, including global accounts, instant stablecoin transfers, AI-optimized wealth management, and tokenized private equity. We are committed to operating with the highest standards of transparency, compliance, and client protection across our global operations.

2. General Disclaimer

The information provided on our platforms and through our Services is intended solely for general informational and educational purposes. It does not constitute, and should not be construed as, investment advice, financial guidance, legal counsel, tax recommendations, or any other form of professional advice. No content herein represents an offer, solicitation, endorsement, or recommendation to buy, sell, hold, or engage in any financial product, service, asset, or investment strategy. Market conditions, asset values, and economic factors are inherently volatile and unpredictable, and past performance is no guarantee of future results. You are solely responsible for evaluating the merits and risks associated with any decisions you make based on our Services. We strongly advise consulting with qualified independent financial, legal, and tax professionals tailored to your specific circumstances before proceeding with any transaction or investment. Buburuza™ disclaims all liability for any direct, indirect, incidental, consequential, or other damages arising from your reliance on the information provided, including but not limited to losses from market fluctuations, regulatory changes, or operational issues.

3. Our Corporate and Regulatory Structure

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The Buburuza™ ecosystem operates through a network of specialized legal entities, each strategically established to deliver targeted services while ensuring full compliance with applicable laws and regulations in their respective jurisdictions. This structure allows us to provide a comprehensive, integrated platform while adhering to international standards.

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• Buburuza Corp. (USA): As the parent holding company incorporated in the State of Delaware, USA, this entity oversees the strategic direction and coordination of the entire Buburuza™ group. It is governed by Delaware corporate law and does not directly provide financial services to clients but ensures unified governance across the ecosystem.
• Buburuza Bank Ltd. (Comoros): This is the core financial entity holding an International Banking License (Class B) from the Union of Comoros Offshore Finance Authority. Governed by Comoros law, it powers our global banking operations, including cryptocurrency services, AI-driven lending, trust administration, wealth management, and tokenized private equity offerings. The license authorizes operations exclusively outside the Union of Comoros, enabling seamless international services.
• Buburuza AI Inc. (Canada): Registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), this entity serves as our regulated gateway for fiat currency operations. Governed by Canadian law, it handles all fiat wire transfers, ensuring compliance with stringent AML and CTF requirements.
• Buburuza Limited (Hong Kong): Incorporated in Hong Kong and governed by Hong Kong law, this entity specializes in payment services, including the issuance and management of Buburuza™-branded credit cards, facilitating global spending with integrated rewards.

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All Services are provided only to eligible users in permitted jurisdictions, subject to our risk-based customer acceptance policies. We do not offer Services in prohibited countries or to sanctioned individuals/entities, in full compliance with international sanctions regimes.

4. Compliance with International Standards

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Buburuza™ is dedicated to upholding the highest levels of regulatory compliance and ethical standards across all operations. Our framework is designed to mitigate risks, protect clients, and foster a secure environment for innovation. Key compliance elements include:

• Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Counter-Proliferation Financing (CPF): We adhere strictly to Financial Action Task Force (FATF) recommendations, implementing robust Know Your Customer (KYC), Know Your Business (KYB), and Know Your Transaction (KYT) protocols. This includes biometric verification, real-time AI monitoring for suspicious activities, and mandatory reporting to authorities such as ANIF (Comoros) and FINTRAC (Canada). We maintain comprehensive internal measures to prevent financial crimes, with ongoing training for all staff.
• Basel III Principles: Our banking and financial operations align with Basel III guidelines for capital adequacy, liquidity management, and risk mitigation, ensuring financial stability and resilience against market shocks.
• Data Protection and Privacy: While governed by the laws of our operating jurisdictions, we incorporate principles from leading frameworks like the EU General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and Canada's Personal Information Protection and Electronic Documents Act (PIPEDA). This includes data minimization, encryption, consent-based processing, and user rights to access, correct, or delete personal data. See our Privacy Policy for full details.
• Automatic Exchange of Information (AEOI), Common Reporting Standard (CRS), and Foreign Account Tax Compliance Act (FATCA): We participate in OECD-led information exchange regimes, reporting relevant client data to tax authorities as required to promote tax transparency and combat evasion.
• Sanctions and Export Controls: We screen all clients, transactions, and counterparties against global sanctions lists (e.g., UN, OFAC, EU) and comply with export control laws, prohibiting dealings with sanctioned parties or jurisdictions.
• Anti-Corruption and Bribery: We maintain a zero-tolerance policy for corruption, aligned with the US Foreign Corrupt Practices Act (FCPA) and UK Bribery Act, including due diligence on third parties and internal controls.
• Consumer Protection: Services are provided fairly and transparently, with clear disclosures on fees, risks, and terms, in line with international consumer protection standards.

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We conduct regular internal and external audits to verify compliance, and our policies are reviewed annually or upon regulatory changes. Non-compliance may result in account suspension, termination, or reporting to authorities.

5. Master Legal Agreement

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Your engagement with Buburuza™ is governed by our separate Master Legal Agreement, which you must review and accept prior to using our Services. This agreement details the full terms of our relationship, including but not limited to: service descriptions, fees, intellectual property rights, warranties, and termination provisions. Key highlights include:

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• Acceptance and Electronic Signatures: By registering or using Services, you electronically agree to the terms, which are binding without a physical signature.
• Governing Law and Jurisdiction: Disputes are governed by the laws of Delaware, USA (for the parent entity), with entity-specific laws applying where relevant (e.g., Comoros law for banking services). Exclusive jurisdiction lies in Delaware courts, subject to arbitration clauses.
• Dispute Resolution: All disputes must first undergo internal resolution (see our Principles for Complaints and Dispute Resolution). Unresolved matters proceed to binding arbitration under the American Arbitration Association (AAA) rules, conducted in English by a single arbitrator in Wilmington, Delaware. You waive rights to class actions or jury trials.
• Limitation of Liability: Buburuza™'s liability is limited to direct damages, capped at fees paid in the prior 12 months. No liability for indirect, consequential, or punitive damages, except in cases of proven gross negligence, willful misconduct, or fraud. Force majeure events (e.g., natural disasters, cyber-attacks) excuse performance.
• Indemnification: You agree to indemnify Buburuza™ against losses arising from your misuse of Services, violations of law, or third-party claims.
• Severability and Waiver: Invalid provisions do not affect the remainder. No waiver of rights unless in writing.
• Assignment: We may assign rights without consent; you may not without our approval.
• Updates: Terms may be updated; notifications via email or platform. Continued use constitutes acceptance.

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The Master Legal Agreement prevails in conflicts with other documents.

6. Confidentiality and Privacy

We treat all client information as strictly confidential, using it solely for providing Services and compliance purposes. Data is protected with state-of-the-art measures, including AES-256 encryption, multi-factor authentication, and regular security audits. We do not disclose information except as required by law, with your consent, or to affiliates/service providers under strict confidentiality agreements. Obligations survive termination. For detailed data practices, refer to our Privacy Policy, which includes your rights under applicable laws.

7. Anti-Money Laundering (AML) & Counter-Terrorism Financing (CTF)

Our robust AML/CTF/CPF program includes biometric KYC verification, real-time AI transaction monitoring, sanctions screening, and mandatory reporting. We comply with FATF standards and entity-specific regulations. Suspicious activities are reported to authorities, and non-compliant accounts are terminated.

8. Risk Disclosure

Engaging with our innovative Services involves inherent risks. Please review our separate Risk Disclosure Statement for comprehensive details on market, technological, regulatory, and operational risks.

9. Spam Policy

We prohibit unsolicited marketing communications. All emails are account-related or opt-in based. You may unsubscribe from non-essential messages at any time. Violations of anti-spam laws may result in account termination.

10. Cookie Policy

We use cookies for essential functionality (e.g., session management), analytics, and security. Essential cookies do not require consent; non-essential ones (e.g., for personalization) do. You can manage preferences via browser settings. See our Privacy Policy for tracking details.

11. Requests for Information

We process lawful requests from authorities promptly, sharing only necessary data. You may request access to your information per our Privacy Policy, subject to verification and legal limits.

12. Contact Us

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For inquiries: support@buburuza.com