DISCLAIMER_A1_1

The Provider makes no representation or warranty, express or implied, as to the accuracy, completeness, timeliness, or reliability of any data, indicators, screening results, or recommendations generated by the Product. Data may be derived from third-party sources, sanctions lists, watchlists, or public registers that are subject to change, delay, error, or omission outside the Provider’s control.

Use of the Product does not guarantee compliance with any applicable law, regulation, industry standard, or regulatory requirement (including but not limited to anti-money laundering (AML), counter-terrorist financing (CTF), sanctions, or data protection laws). The Product is a decision-support tool only; it does not replace the user’s own legal, regulatory, or compliance assessment.

The Product does not make any legally binding determination as to whether a client relationship, mandate, or transaction may be accepted, continued, rejected, or reported. All final decisions remain the sole responsibility of the user and/or the user’s organization.

The user remains solely responsible for: verifying the accuracy and completeness of all information entered into and generated by the Product; exercising independent professional judgment before relying on any output; complying with all applicable legal and regulatory obligations in its jurisdiction(s) of operation; and maintaining appropriate internal review and escalation processes.

To the maximum extent permitted by applicable law, the Provider shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising out of or related to reliance on the Product’s outputs, including but not limited to regulatory fines, penalties, loss of license, reputational harm, or third-party claims, except in cases of willful misconduct or gross negligence.

Where the Product incorporates data from third-party providers (e.g., sanctions databases, PEP lists, adverse media sources), the Provider disclaims all liability for errors, omissions, or delays originating from such third-party sources.

Users should seek independent legal, compliance, or regulatory advice where required. The Product is intended to support, not replace, qualified human judgment.

Notwithstanding Section 6, the Provider’s total liability arising out of or in connection with these Terms and the use of the Product, regardless of the legal basis, shall in all cases be limited to the total amount of license fees actually paid by the user during the twelve (12) months immediately preceding the event giving rise to liability. This limitation shall not apply in cases of willful misconduct, gross negligence, or to the extent mandatory law precludes a limitation of liability.

These Terms and any disputes arising out of or in connection with the use of the Product shall be governed exclusively by the laws of Switzerland, excluding its conflict-of-law rules and the United Nations Convention on Contracts for the International Sale of Goods (CISG). The exclusive place of jurisdiction shall be 8001 Zurich, Switzerland, subject to any mandatory statutory places of jurisdiction.