Internal rules on the control and preventation of money laundering and financing of terrorism Cryptos FundTrading™.
  1. GENERAL PROVISIONS
    1. The purpose of these Internal Rules is to establish the measures adopted by CryptosFundTrading™, for the purposes of money laundering, for prevention and detection of the activities of natural persons and legal entities, groups and organizations, aimed at the financing of terrorism (the “Purposes”), and the control related to their implementation.
    2. The Internal Rules are the basis on which CryptosFundTrading™ provides and regulates its activity, related to the strict observance of the legislation in force.
    3. The Internal Rules establish clear principles for effective identification of suspicious operations, transactions and clients.
    4. The Internal Rules provide for and regulate the mandatory rules for CryptosFundTrading™, its employees, associates, affiliates, subcontractors, subsidiaries and agents.
    5. Money laundering is a three-phase process:
      1. Placement – realization of initial deposit into the financial system, or of initial transformation of the funds acquired through, or in relation to a crime, in order to obstruct its identification.
      2. Layering – performance of multiple, usually cross-border financial and other business operations and transactions with the property, which significantly impedes the establishment of its criminal nature.
      3. Integration - the process is finalized, as the property is “integrated”, invested in the legal economy.
  2. MEASURES AGAINST MONEY LAUNDERING AND FINANCING OF TERRORISM (“AML POLICY”)

    CryptosFundTrading™ now has AML POLICY in place to prevent its clients from laundering money. The AML POLICIY include the following measures:

    1. Identifying the clients and verifying their identification:
      1. The identity verification procedure of CryptosFundTrading™ requires all potential client to provide CryptosFundTrading™ with reliable, independent source documents, data or information (e.g. national ID, international bank statement, utility bill). For such purposes the CryptosFundTrading™ reserves the right to collect identification information from its potential clients for the Purposes.
      2. CryptosFundTrading™ will take steps to confirm the authenticity of documents and information provided by the clients. CryptosFundTrading™ reserves the right to investigate clients who have been determined to be risky or suspicious.
      3. CryptosFundTrading™ reserves the right to verify client’s identity in an on-going basis, especially when their identification information has been changed or their activity seemed to be suspicious (unusual for the particular client). In addition, CryptosFundTrading™ reserves the right to request up-to-date documents from the client.
      4. Client’s identification information will be collected, stored, shared and protected strictly in accordance with the Personal Data Protection and Privacy Policy (published at www.cryptosfundtrading.com).
      5. Once the client’s identity has been verified, CryptosFundTrading™ shall not be held liable in a situation where the services provided by the CryptosFundTrading™ are used to conduct illegal activity.
    2. Identifying the real owner of the client – legal entity, and taking the respective actions for verifying his identification in a way, which gives sufficient reason to be assumed that he is identified as the real owner.
    3. Collection of information from the client, regarding the purpose and the nature of the relation, which is established, or is to be established with him.
    4. On-going monitoring of the established business or professional relations and checking the transactions and the operations, executed within these relations, to what extent they correspond to the available information about the client, about his commercial activity and risk profile, including investigating the origin of the funds, in the cases stipulated by the law.
    5. With regard to the AML Policy will monitor all transactions and it reserves the right to:
      1. disclose of information regarding suspicious operations, transactions and clients to the competent state authority.
      2. request the client to provide any additional information and documents in case of suspicious transactions;
      3. suspend or terminate its business relationship with its client when CryptosFundTrading™ has reasonably suspicion that such client is engaged in illegal activity.

The above list is not exhaustive and CryptosFundTrading™ will monitor client’s and the transactions/operations carried out by them on a day-to-day basis in order to define whether such clients and the transactions/operations carried out by them are to be re treated as suspicious.

These Internal Rules have been implemented to protect CryptosFundTrading™ and its clients.

For questions/comments regarding these Internal Rules, please contact us at support@CryptosFundTrading.com