Our Commitment to Financial Security
TradeProNet maintains a zero-tolerance policy for money laundering and terrorist financing. Our AML/CTF program is aligned with FATF recommendations and cross-jurisdictional regulations to ensure the highest level of integrity.
Customer Due Diligence (CDD)
We implement a rigorous, risk-based approach to KYC (Know Your Customer) to verify the identity of all our clients.
- Identity Verification: A government-issued ID and a recent proof of residence are required to open any account.
- Source of Funds: For high-risk profiles and institutional accounts, we require verification of the source of funds and wealth.
- Enhanced Due Diligence: Politically Exposed Persons (PEPs) and other high-risk individuals are routed through an enhanced approval and monitoring process.
Ongoing Monitoring
Our systems continuously monitor transactions and account activity for suspicious behavior.
- Transaction Screening: We use a combination of rule-based alerts and machine learning models to screen all transactions in real-time.
- Behavioral Analysis: Any deviations from a client's normal trading patterns are automatically flagged and escalated to our compliance desk for review.
Reporting & Escalation
We cooperate fully with all regulatory bodies and law enforcement agencies to combat financial crime.
- Suspicious Activity Reports (SARs): SARs are filed with the relevant authorities without prior notice to the client involved.
- Account Freezes: We will immediately suspend or freeze accounts when a definitive match with a sanctions or watchlist occurs.
Record Keeping
All transaction records, verification documents, and communications are retained for a minimum of seven years, or longer if required by a specific jurisdiction.
Have a Compliance Question?
Our dedicated compliance team is available 24/5 to answer your questions. Report suspicious activity or learn more about how our policies protect you.