Policy Sections
AML Standards
Global Compliance
- • FATF Recommendations
- • EU AML Directives
- • USA PATRIOT Act
- • Local Regulations
Policy Overview
Our commitment to preventing financial crime
Global Equinox Trade maintains a comprehensive Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) program designed to prevent, detect, and report money laundering activities. Our program complies with international standards and local regulations in all jurisdictions where we operate.
Our Commitment
We are committed to maintaining the highest standards of AML compliance to protect our platform, clients, and the financial system from abuse by criminals and terrorists.
Legal Framework
Our policies are based on FATF recommendations, EU AML directives, the USA PATRIOT Act, and local regulatory requirements in each operating jurisdiction.
We maintain a zero-tolerance policy towards money laundering, terrorist financing, and other financial crimes. Any suspected activity will result in immediate investigation and reporting to relevant authorities.
Customer Verification (KYC)
Know Your Customer requirements
All clients must complete our Know Your Customer (KYC) verification process before opening an account and conducting transactions. This process includes:
Identity Verification
Submit government-issued photo ID (passport, driver's license, or national ID card) with clear photograph and signature.
Address Verification
Provide recent utility bill, bank statement, or government document (less than 3 months old) showing your residential address.
Source of Funds
Declare the legitimate source of funds being deposited (employment income, business profits, investments, inheritance, etc.).
Trading Experience
Provide information about your trading experience, knowledge, and risk tolerance for suitability assessment.
PEP Screening
Screening against Politically Exposed Persons (PEP) databases and sanctions lists to identify high-risk individuals.
Enhanced Due Diligence
High-risk clients (PEPs, high-volume traders, high-net-worth individuals) undergo enhanced verification with additional documentation requirements.
Ongoing Monitoring
Client information is periodically reviewed and updated. Clients must notify us of any changes to personal or financial circumstances.
Transaction Monitoring
Real-time surveillance and analysis
We employ automated transaction monitoring systems that analyze all account activity in real-time to detect suspicious patterns and behaviors indicative of money laundering or terrorist financing.
Detection Scenarios
- • Unusual deposit/withdrawal patterns
- • Rapid fund movement between accounts
- • Transactions just below reporting thresholds
- • Inconsistent trading behavior
Monitoring Parameters
- • Transaction frequency and size
- • Geographic patterns and jurisdiction risks
- • Counterparty relationships
- • Behavioral deviations from norms
| Threshold | Action Required | Timeframe |
|---|---|---|
| $10,000+ | Enhanced verification | Immediate |
| $50,000+ | Senior review required | Within 24 hours |
| $100,000+ | Compliance officer review | Immediate |
| Any suspicious | Suspicious Activity Report | 30 days maximum |
Reporting Obligations
Regulatory filings and disclosures
Suspicious Activity Reports (SARs)
We are legally required to file SARs with financial intelligence units when we detect transactions that appear to involve money laundering, terrorist financing, or other financial crimes.
Currency Transaction Reports (CTRs)
For transactions exceeding regulatory thresholds, we file CTRs to provide transparency about large currency movements through our platform.
We are prohibited by law from informing clients that a SAR has been filed or that their activities are under investigation. This "tipping off" prohibition is strictly enforced.
Record Retention
We maintain detailed records of all client identification documents, account files, business correspondence, and transaction data for a minimum of 5-7 years (depending on jurisdiction) after account closure.
Sanctions Compliance
International sanctions enforcement
We screen all clients and transactions against global sanctions lists maintained by the United Nations, European Union, United States (OFAC), United Kingdom, and other relevant jurisdictions.
Prohibited Jurisdictions
- • Countries under comprehensive sanctions
- • High-risk jurisdictions (FATF black/grey lists)
- • Non-cooperative tax havens
- • Jurisdictions with weak AML frameworks
Prohibited Activities
- • Transactions with sanctioned individuals/entities
- • Business with shell banks or anonymous accounts
- • Unlicensed money transmission
- • Transactions involving illicit substances
Immediate Action: Any match with sanctions lists results in immediate account freezing, fund seizure, and reporting to relevant authorities. No exceptions are made.
Your Compliance Responsibilities
Client obligations and cooperation
As a client of Global Equinox Trade, you have certain responsibilities under our AML program. Your cooperation is essential for maintaining regulatory compliance.
Non-Compliance Consequences: Failure to comply with AML requirements may result in account restriction, transaction rejection, fund seizure, account termination, and reporting to law enforcement authorities.
Compliance Contact
For AML/CTF compliance questions or to report suspicious activity:
globalequinoxtrade@gmail.comPolicy Updates
This AML Policy is reviewed annually and updated as needed to reflect changes in regulations, risks, and business operations. Clients are responsible for staying informed about policy updates.