AML POLICY
We collect and verify the personal identification data of all trading account holders with the Company. The company records and tracks all transactions carried out by its customers.
To open a trading account with the Company, you must provide a valid ID (driver's license, civil or foreign passport) and proof of residential address. In addition, traders must submit a completed application for an account, as well as fill out a client questionnaire. The Company has the right to request any additional document.
Before opening an account, the Company may request documents confirming the identity of the client, the nature of his activities, the source of income, if applicable, and also clarify the investment goals of each potential client.
The company does not open accounts for residents of the United States and Canada.
The company adheres to the highest standards in the fight against money laundering (AML) and terrorist financing and requires its employees to fully comply with anti-money laundering standards. In this regard, the Company is implementing a full-fledged set of measures aimed at identifying and counteracting the legalization of proceeds from crime and the financing of terrorism. Internal rules are carefully observed in accordance with international requirements on this aspect.
The company provides the necessary assistance to international organizations in the fight against the threat of money laundering and the financing of terrorist activities around the world. To this end, the Company documents and verifies the identity of the client, as well as tracks all transactions and maintains detailed records of all transactions.
The Company must adhere to the following policies and procedures designed to identify any risk of default in compliance with the law, as well as the risks associated with it, and must always apply adequate measures and procedures aimed at minimizing such risks.
In ensuring the proper performance of compliance functions, the Company must ensure that the compliance function uses a risk-based approach to effectively allocate resources. Risk assessment should be used to define compliance monitoring and consulting activities. Evaluation should be carried out on a regular basis.
The compliance service should be independent and responsible for:
(a) monitoring and evaluating the adequacy and effectiveness of the measures and procedures used;
(b) actions taken to remedy any deficiencies in the Company's compliance with its obligations under the Law;
(c) advising and assisting relevant persons responsible for the provision of investment services and activities to comply with the obligations of the Company in accordance with the Law;
In order for the compliance department to perform its duties properly, the Company must ensure that the following conditions are met:
(a) the compliance function must have the necessary authority, resources, experience and access to all relevant information;
(b) the compliance function must perform its tasks and responsibilities on an ongoing basis. To this end, the Company must provide adequate fallback mechanisms to perform the duties of a compliance specialist, which are applied in the event of his absence. These agreements must be in writing;
(c) a Compliance Officer must be appointed who will be responsible for performing compliance functions and for any reporting.