KYC & AML Policies

MarketsAll is committed to the highest standards of compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) requirements. The objective of the Company’s Policy against Money Laundering and Terrorism Financing is to actively prevent the risks of these matters. To help the government combat the financing of terrorism and money laundering activities, the law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. We have an obligation to report suspicious client activity relevant to money laundering.


Money Laundering

The process of converting funds received from illegal activities (such as fraud, corruption, terrorism, etc.) into other funds or investments that appear legitimate to hide or distort the actual source of funds.


The Money Laundering Process

The money laundering process can be divided into three sequential stages:

  • Placement. At this stage, the funds are turned into financial instruments, such as checks, bank accounts, and money transfers, or they can be used to buy high-value goods that can be resold. They can also be physically deposited in banks and non-bank institutions (e.g., exchange houses). To avoid suspicion, multiple small deposits (called "smurfing") may be used instead of depositing the entire sum at once.
  • Layering. The funds are transferred or moved to other accounts and financial instruments to disguise the origin and interrupt the audit trail. Moving funds and changing their form makes it difficult to track the laundered money.
  • Integration. The funds are re-circulated as legitimate to purchase goods and services.


MarketsAll AML Commitment

MarketsAll adheres to the principles of Anti-Money Laundering and actively prevents any action that targets or facilitates the legalization of illegally obtained funds. The AML policy means preventing the use of the company's services by criminals for money laundering, terrorist financing, or other criminal activity.

To prevent money laundering, MarketsAll does not accept or pay in cash under any circumstances. The company reserves the right to suspend the operation of any client suspected of illegal activity or related to money laundering.


Company Procedures

MarketsAll ensures that all clients are verified as real or legal persons. The AML policy is enforced within MarketsAll through the following measures:

  • Know Your Customer (KYC) policy and due diligence
  • Monitor customer activity
  • Registry maintenance


Know Your Customer (KYC)

Each customer must complete a verification procedure. Before cooperation begins, the company requires evidence or measures proving the identity of any client or counterparty. Special scrutiny is applied to clients from high-risk countries with inadequate AML standards.


Individual Clients

During registration, each client provides personal information including full name, birthdate, country of origin, and residential address. Required verification documents include:

  • Valid passport (photo and signature clearly visible)
  • Driving license with photograph
  • National identity card (front and back)
  • Proof of address (utility bills, bank statements, etc., not older than 3 months)


Corporate Clients

For unlisted companies or those without a pre-existing relationship, the following documents are required:

  • Certificate of incorporation or national equivalent
  • Memorandum and Articles of Association
  • Certificate of good standing
  • Board resolution authorizing account opening
  • Powers of attorney granted by directors
  • Proof of identity for directors and ultimate beneficiaries


Tracking Customer Activity

The company monitors customer activity to detect and prevent suspicious transactions using automated and manual systems. A suspicious transaction is defined as one inconsistent with the customer’s legitimate business or known history.


Registry Maintenance

All transaction and identification records, including AML-related documentation, are maintained for at least 7 years after account closure.


Measures Taken

If suspicious activity is detected, MarketsAll acts in accordance with the law and may report it to regulatory authorities. It reserves the right to suspend accounts or terminate relationships if necessary.