1. Our Commitment

BRIZTRADE is committed to preventing money laundering, terrorist financing, and other financial crimes. We comply with all applicable anti-money laundering (AML) and counter-terrorist financing (CTF) laws and regulations in the jurisdictions where we operate.

2. Customer Identification

Before establishing a business relationship or processing transactions, we verify the identity of all clients through reliable and independent documentation. This includes government-issued photo identification, proof of address, and, for corporate clients, beneficial ownership information.

3. Source of Funds Verification

We may request documentation to verify the legitimate source of funds deposited into client accounts. This may include bank statements, employment verification, or business financial records. Clients must ensure that all funds are derived from legal sources.

4. Transaction Monitoring

We monitor client transactions on an ongoing basis to detect unusual or suspicious activity. Automated systems and manual reviews are used to identify patterns that may indicate money laundering, fraud, or other illicit behavior.

5. Suspicious Activity Reporting

Where suspicious activity is detected, we are obligated to file reports with the relevant financial intelligence unit. We do not notify clients when such reports are filed, as doing so could constitute "tipping off" and is prohibited by law.

6. Sanctions Screening

We screen clients and transactions against international sanctions lists, politically exposed persons (PEP) databases, and adverse media. We do not open accounts for or conduct business with individuals or entities that appear on sanctions lists.

7. Recordkeeping

We maintain comprehensive records of client identification documents, transaction histories, and AML risk assessments for the period required by applicable law. These records are stored securely and are accessible to regulators upon request.

8. Training

Our employees receive regular training on AML/CTF policies, red flags, and reporting obligations. Training is tailored to the roles and responsibilities of each employee and is updated to reflect changes in regulation and industry best practices.

9. Reporting Concerns

If you have any concerns about potential money laundering or suspicious activity related to BRIZTRADE, please contact our Compliance Department at compliance@briztrade.com. All reports will be treated confidentially and investigated promptly.