AML Policy
Anti-money-laundering and KYC controls for account onboarding.
UP Global Markets Ltd states a commitment to preventing money laundering and terrorist financing through customer verification, monitoring, record keeping and reporting controls.
Compliance Commitment
The company should maintain anti-money-laundering and counter-terrorist-financing controls aligned with applicable laws, regulatory requirements and international standards.
Know Your Customer
Before account approval, users may be required to provide identity documents, proof of address, contact information, financial suitability information and source-of-funds or source-of-wealth details.
Customer Due Diligence
Enhanced checks may be applied to higher-risk clients, politically exposed persons, unusual activity, inconsistent information, high-risk jurisdictions or transactions requiring additional review.
Sanctions and Restricted Jurisdictions
Users may be screened against sanctions lists, restricted-country rules, prohibited-user categories and internal risk controls before services are provided.
Transaction Monitoring
Deposits, withdrawals, trading activity and account behavior may be monitored for suspicious activity, fraud indicators, third-party funding, chargeback risk or inconsistent usage patterns.
Suspicious Activity Reporting
Where required by law or internal policy, suspicious activity may be escalated, restricted, investigated, reported to appropriate authorities or result in account suspension.
Record Keeping
KYC records, transaction records, communication records, compliance reviews and account history may be retained for the period required by applicable law, regulation and internal policy.
Client Responsibility
Clients must provide accurate information, keep account details updated, use their own payment methods and avoid using the platform for unlawful, fraudulent or prohibited activity.