AML & KYC Policy

General Provisions

Milton Global Ltd operates exclusively in accordance with the legislation on combating illicit money laundering and countering terrorism financing to ensure compliance with international trade standards. To monitor adherence to legal requirements and FATF recommendations, we have established a Compliance Department that develops Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures. These procedures are mandatory for all employees and customers and determine the policy of engagement with anyone who intends to become our customer. The Compliance Department ensures that all the company's operations are consistent with international standards to combat money laundering and that all documents provided by the customer are up-to-date and comply with relevant legal requirements.

AML and KYC Rules

As our client, you irrevocably agree to the following rules and undertake to observe them:

Compliance with AML and KYC Requirements: You are obliged to follow our AML and KYC requirements while you are our client. Upon the company's request, you must provide additional documents and information. Completing the respective KYC questionnaire may also be a mandatory requirement at the company's sole discretion. You agree to these requirements and undertake to follow them.
Withdrawal of Assets: Withdrawal of any assets is carried out only to an account that belongs to you. The withdrawal of assets to third parties is prohibited. Internal transfers between the company’s customers are also forbidden.
Sharing Information: The company is obliged and has the right, without obtaining prior consent, to share information about you with financial institutions and law enforcement agencies as required by applicable law. You consent to these actions. To comply with this requirement, the company retains records of your transactions for at least the last five years.
Preventing Illegal Activities: You undertake to follow the legislation, including international laws, aimed at combating illicit trafficking, financial fraud, money laundering, and the legalization of funds obtained by illegal means. You should use your best efforts to avoid direct or indirect participation in illegal financial activities and any illegal transactions using the company’s website and services.
Legal Origin of Assets: You guarantee the legal origin, legal ownership, and the right to use the assets transferred to your account. In case of evidence of suspicious transactions in your account, cash replenishments from untrusted sources (e.g., the sender’s data and the Trader’s Room owner’s data are different), and/or any actions with attributes of fraud (including refunds or payment cancellations), the company reserves the right to conduct an internal investigation, block or close your Trader’s Room or any account, cancel any payment or trading order, and suspend operations on the accounts until the end of the official investigation. The company’s decision is guided by applicable law, FATF recommendations, or common practice.
Request for Additional Information: The company has the right to request additional information about you if the withdrawal method differs from the depositing method. The company also reserves the right to block your Trader’s Room or any account during the investigation if you refuse to provide the additional information requested.
Verification Documents: During the investigation, the company has the right to request additional copies of documents confirming your identity or the identity of other individuals in the corporate structure, as well as documents confirming your place of residence and the lawful possession and legal origin of funds. The company also has the right to demand the provision of original documents for review if there are any doubts.
Jurisdiction Restrictions: The company does not provide services to individuals or legal entities located in jurisdictions blacklisted by FATF. Additionally, the company does not provide services to U.S. citizens and residents.
Suspicious Transactions: The company refuses to perform operations considered suspicious from its point of view. Preventive measures (such as blocking or closing a customer’s Trader’s Room or any account) do not constitute civil liability of the company for failure to fulfill obligations to you.
No Obligation to Inform: The company is not obliged to inform you or other persons about the measures taken to comply with AML/CFT legislation. The company is also not obliged to inform you or other persons about any suspicions, reasons for refusing your trading order, refusal to open an account, or the need to provide any documents.
Part of the Agreement: This anti-money laundering and know your customer policy is an integral part of any agreement concluded between you and the company. Non-compliance with this policy can be grounds for termination of the agreement at the company’s sole discretion.