1.1 We comply with anti-money-laundering laws and regulations and will not knowingly violate anti-money-laundering policies. To the extent of our reasonable control, we will adopt necessary measures and technology to provide you with services that are safe and secure, so as to protect you against the loss caused by money laundering to the greatest extent possible.
1.2 Our anti-money-laundering policies are a comprehensive system of international policies, including anti-money-laundering policies of the jurisdictions, which you are subject to. Our robust compliance framework ensures that we meet regulatory requirements and regulatory standards on both local and global levels, and ensure the operational sustainability of our website.
- Content of Our Anti-Money-Laundering Policies
2.1 We promulgate and update anti-money-laundering policies to meet the standards set by relevant laws and regulations;
2.2 We promulgate and update some of the guidelines and rules in connection with the operation of this website, and our staff will serve you in accordance with the guidelines and rules;
2.3 We design and complete procedures for internal monitoring and transaction control, such as rigorous identity authentication procedures, and have a professional team responsible for anti-money laundering;
2.4 We adopt a risk-prevention-based approach to carry out due diligence and continuous supervision, in connection with our customers;
2.5 We review and regularly inspect existing transactions;
2.6 We will report suspicious transactions to the appropriate authorities;
2.7 Proof of identity documents, address certificates and transaction records will be maintained for at least six (6) years; if they are submitted to the regulatory authorities, a separate notice will not be provided to you;
2.8 Credit cards are prohibited throughout the course of the transaction;
- Identity Information and the Verification and Confirmation Thereof
3.1 Identity Information
3.1.1 In accordance with the laws and regulations of relevant jurisdictions and in light of the nature of the entities concerned, the content of your information as collected by us may vary, and in principle, we will collect the following information if you register as an individual:
Basic personal information: your name, address (and permanent address, if the two are different), date of birth and nationality, and other information available. Identity authentication shall be based on documents issued by official or other similar authorities, such as passports, identity cards or other identity documents as are required and issued by relevant jurisdictions. The address you provide will be validated in an appropriate manner, such as checking bills or registered voters.
Valid photo: before you register, you must provide a photograph showing you holding your identity document in front of your chest;
Contact information: you must provide a telephone/mobile phone number and valid email address.
3.1.2 If you are a company or any other type of legal entity, we will collect the following information to determine the final beneficiary of your account or trust account.
Your corporation enrolment and registration certificates of the company; a copy of the company’s articles of association and memorandum; the detailed certification materials of the ownership structure and ownership description, the decision of the board of directors on designating the authorised agent of the company responsible for the opening and execution of the company’s account with the website; the identity documents of the directors, major shareholders of the company and the authorised signatory for the company’s account with the website, as are required to be provided in accordance with relevant rules; the company's main business address, and the company's mailing address if different from the main business address. If the local address of the company is different from its main business address, the company shall be deemed to be a high-risk customer, and consequently the company will be required to provide additional documentation.
Other certification documents, documents issued by competent authorities and other documents we may deem necessary in light of the laws and regulations of relevant jurisdictions and in light of the specific nature of your entity.
3.2 Confirmation and Verification
3.2.1 You are required to provide both the front and back sides of your identity documents.
3.2.2 You are required to provide a photograph showing you holding your identity documents .
3.2.3 Copies of certification documents shall be checked against the originals. If a trusted and suitable certifier can prove that such copies are accurate and comprehensive duplicates of the originals, such copies shall be deemed as acceptable. Such certifiers include ambassadors, members of the judiciary, magistrates, etc.
3.2.4 The identification of the ultimate beneficiary and controller of the account shall be based on the determination of which individuals ultimately own or control the direct customer and/or to determining that the ongoing transaction is performed by another person. If you are a business enterprise, the identity of major shareholders thereof (for example, those holding 10 % or more of the voting equity in such business enterprise) shall be verified. Generally, a shareholder holding 25% of the shares of the company will be deemed as involving an average level of risk, and the identity of the shareholder shall be verified; a shareholder holding 10% or more of the voting rights or shares is deemed to be involving a high level of risk, and the identity of the shareholder shall be verified.
- Transaction Supervision
4.1 We constantly set and adjust daily trading and cash withdrawal limits based on security requirements and actual state of transactions;
4.2 If transactions occur frequently in an account registered by you or is deemed to be beyond reasonable circumstances, our professional team will assess and determine whether such a transaction is suspicious;
4.3 If we identify a specific transaction as suspicious on the basis of our assessment, we may adopt such restrictive measures as suspending or denying the transaction, and if it is possible, we may immediately reverse the transaction, and report to the relevant authorities, without notifying you;
4.4 We reserve the right to reject registration applications by applicants that do not comply with the international standards against money laundering or who may be regarded as political and public figures; we reserve the right to suspend or terminate a transaction identified as suspicious based on our assessment, which does not breach any of our obligations and duties to you.