Legal
Compliance & Trust Disclosure
1. Corporate & Legal Information
Operating Name / Brand: Settla
Associated Entity: BOSS Global Concepts Ltd.
Holding Entity: Settla Inc. (Delaware, USA)
Saskatchewan Registration Status:
Operating Name / Trade Name registration currently in process with Saskatchewan authorities.
Current Operational Address:
3649 Green Bank Road
Regina, Saskatchewan S4V 1M2
Canada
Future Registered Office Notice:
Settla intends to transition its registered corporate office to Innovation Place, Regina, Saskatchewan upon completion of final registration approvals and operational setup.
Governing Jurisdiction:
The laws of the Province of Saskatchewan and the federal laws of Canada applicable therein.
Primary Contact: hello@settla.ca
Support & Operations: support@settla.ca
Nothing contained within this disclosure constitutes legal, tax, investment, banking, custody, or financial advisory services.
2. Regulatory & Licensing Position
Settla operates as a financial technology infrastructure, operational coordination, and cross-border payment support platform.
Settla currently operates in collaboration with regulated financial institutions, banking providers, payment processors, and strategic financial partners where required for payment execution, settlement, compliance, liquidity access, and operational infrastructure support.
Settla itself does not currently operate as a standalone licensed Money Services Business unless expressly stated otherwise in separate written documentation.
Where regulated activities are required, those services may be facilitated through regulated financial service providers and appropriately licensed counterparties operating within their respective jurisdictions.
Settla does not directly hold client deposits or custody client funds on its own balance sheet unless explicitly agreed otherwise in writing.
Only regulated partners with active contractual relationships may be publicly referenced by Settla.
3. Compliance Operations
Settla maintains internal compliance, onboarding, operational review, and transaction monitoring procedures designed to support responsible cross-border operations.
3.1 KYB / KYC Requirements
Client onboarding may require:
- Business registration verification;
- Identity verification;
- Director and authorized signatory verification;
- Ultimate Beneficial Owner (UBO) verification;
- Source of funds documentation;
- Risk assessment procedures;
- Sanctions screening;
- Transaction purpose validation.
Additional information may be requested depending on jurisdiction, transaction profile, corridor exposure, or partner compliance requirements.
3.2 Sanctions Screening & AML Controls
Settla applies risk-based monitoring and compliance review procedures through internal workflows and third-party compliance infrastructure providers where applicable.
Transactions and onboarding activities may be reviewed against:
- International sanctions lists;
- Politically exposed person databases;
- Fraud monitoring systems;
- Jurisdictional risk assessments;
- Internal operational risk controls.
Settla reserves the right to delay, suspend, decline, restrict, or terminate transactions or client relationships where compliance, regulatory, operational, legal, reputational, or risk concerns arise.
3.3 Restricted Jurisdictions
Settla may restrict or prohibit transactions involving:
- Sanctioned jurisdictions;
- High-risk jurisdictions;
- Restricted counterparties;
- Activities prohibited by banking or payment partners;
- Jurisdictions subject to heightened regulatory scrutiny.
Availability of services may vary based on corridor limitations, banking relationships, compliance obligations, and operational capacity.
3.4 Restricted Industries
Settla may decline services involving industries considered high-risk, including but not limited to:
- Unlicensed gambling;
- Weapons manufacturing;
- Certain pharmaceutical activities;
- Adult content industries;
- Fraud-sensitive sectors;
- Other industries restricted by internal compliance policies or partner requirements.
3.5 Record Retention
Compliance, onboarding, operational, and transaction records may be retained in accordance with applicable legal, operational, regulatory, accounting, fraud prevention, and risk management requirements.
Retention periods may vary depending on jurisdiction and applicable obligations.
4. Data Privacy & Security
Settla applies commercially reasonable administrative, technical, and operational safeguards designed to protect information and maintain data security.
Security controls may include:
- Encryption in transit and at rest where applicable;
- Access restrictions;
- Multi-factor authentication;
- Internal permission controls;
- Vendor due diligence;
- Monitoring and logging systems.
No internet transmission method or digital environment can be guaranteed to be fully secure.
4.1 Data Storage
Client and operational information may be stored and processed within:
- Canada;
- The United States;
- The United Kingdom;
- The European Economic Area (EEA); or
- Other jurisdictions where Settla or its service providers operate.
4.2 Third-Party Processors
Settla may utilize third-party vendors and infrastructure providers including:
- Identity verification providers;
- Compliance screening providers;
- Cloud hosting providers;
- CRM and communications platforms;
- Analytics and monitoring platforms;
- Banking and payment infrastructure partners.
Third-party providers may process information in accordance with their own operational and privacy obligations.
5. Security & Incident Response
Settla maintains internal operational and incident response procedures intended to support business continuity, risk management, and responsible handling of security-related events.
Communication relating to material incidents may occur in accordance with applicable legal obligations, contractual arrangements, operational requirements, and regulatory expectations.
Security-related inquiries may be directed to: support@settla.ca
6. Product, Corridor & Operational Disclosures
6.1 Corridor Availability
Settla focuses on supporting cross-border commercial activity across emerging and global trade corridors.
Service availability may vary depending on:
- Jurisdiction;
- Banking partner coverage;
- Regulatory conditions;
- Currency restrictions;
- Operational capacity;
- Compliance requirements.
Corridor availability may change without notice.
6.2 Settlement Timelines
Settlement timelines vary depending on:
- Banking rails;
- Local infrastructure;
- Jurisdictional conditions;
- Banking partner availability;
- Compliance review requirements;
- Public holidays;
- Transaction complexity.
Estimated settlement timelines are informational only and are not guaranteed.
6.3 Stablecoin & Digital Settlement Infrastructure
Settla may explore future digital settlement infrastructure and stablecoin-enabled operational workflows as part of its long-term product roadmap.
Stablecoin-enabled settlement functionality is not currently offered as a direct customer-facing API or retail settlement product.
7. Certifications, Frameworks & Operational Maturity
Settla continuously evaluates operational, compliance, security, and governance frameworks as part of its infrastructure development roadmap.
References to future certifications, operational maturity targets, or framework alignment do not constitute guarantees of certification status, regulatory approval, or future operational outcomes.
8. Marketing & Claim Disclaimers
Any references to:
- Cost savings;
- Faster execution;
- Pricing efficiencies;
- Operational improvements;
- Settlement performance; or
- Comparative banking outcomes
are illustrative estimates only and are not guarantees.
Actual outcomes may vary depending on:
- Banking infrastructure;
- Currency corridors;
- Liquidity conditions;
- Transaction timing;
- Regulatory reviews;
- Third-party processing factors;
- Market volatility.
9. Procurement & Enterprise Support
Security questionnaires, procurement documentation, and operational reviews may be made available upon request subject to confidentiality, onboarding status, and internal review procedures.
Response timelines may vary depending on operational capacity, complexity, jurisdiction, and current onboarding volume.
10. Accessibility
Settla is committed to improving accessibility and usability across its digital platforms and operational communications.
Accessibility improvements remain an ongoing operational priority.
11. Complaints & Support
Formal complaints or operational support requests may be submitted to: support@settla.ca
Settla will review inquiries in accordance with internal operational procedures and available support capacity.
12. Changes to This Disclosure
Settla reserves the right to update, revise, or modify this Compliance & Trust Disclosure at any time.
Updated versions become effective upon publication unless otherwise stated.
Continued use of Settla's services following publication constitutes acceptance of the revised disclosure.
13. Contact Information
Settla
BOSS Global Concepts Ltd.
3649 Green Bank Road
Regina, Saskatchewan S4V 1M2
Canada
General Inquiries: hello@settla.ca
Support & Operations: support@settla.ca