Anti-Money Laundering

ANTI-MONEY LAUNDERING POLICY

"Money laundering" refers to the execution of a sequence of financial transactions intended to disguise the ownership, origin, control, or destination of illegally obtained funds. It is the process through which the proceeds of criminal or terrorist activities are made to appear legitimate. Tag Fx LTD is dedicated to preventing money laundering through its services and compliance protocols.

IMPLEMENTED PROCEDURES

Tag Fx LTD strives to enforce a stringent anti-money laundering policy to ensure that customers are identified appropriately in cases of suspicion, thereby minimizing procedural difficulties for genuine and lawful clients. To uphold its commitment to aiding government efforts against illegal financial activities, Tag Fx LTD adheres to strict compliance procedures. These procedures verify client identities and maintain detailed records of all financial transactions related to each client, ensuring seamless investigation processes and transaction continuity when necessary.

Tag Fx LTD is required to report any suspicious transactions. Misusing the service could lead to criminal prosecution, as we are mandated to report such behavior to the relevant authorities automatically.

To further deter money laundering and associated illegal activities, Tag Fx LTD does not accept cash transactions for deposits or withdrawals. The Company reserves the right to suspend or decline the processing of a transaction at any point if it suspects any connection to money laundering, criminal activity, or third-party funding. According to international law, the Company is not obligated to inform the Client that their suspicious activity has been reported to the appropriate authorities.

COMPLIANCE REGIME

Tag Fx LTD has established a compliance regime to meet its formal legal obligations. This includes appointing a compliance officer, formulating policies, and regularly reviewing their implementation. Tag Markets LTD is also committed to consistently providing training for its employees on updates and enhancements to anti-money laundering procedures as required by international law.