1. Regulatory framework
FXC Meta complies with global AML regulations, including FATF recommendations and local regulatory requirements. We work closely with regulators to maintain high compliance standards.
2. Customer due diligence
Before activating trading accounts, FXC Meta conducts customer due diligence (CDD):
- Collecting and verifying identification and address documentation.
- Assessing client suitability and risk profiles.
- Conducting enhanced due diligence for high-risk clients or jurisdictions.
3. Ongoing monitoring
Transactions are monitored to identify suspicious activity. Alerts trigger manual reviews, and reports may be filed with relevant authorities.
4. Record keeping
Client records, including identification documents and transaction histories, are retained for a minimum of five years in accordance with regulatory obligations.
5. Politically exposed persons (PEPs)
FXC Meta identifies and monitors PEPs with enhanced due diligence measures, including senior management approval for onboarding.
6. Reporting suspicious activity
Staff are trained to escalate suspicious transactions to the compliance team. Where required, suspicious activity reports (SARs) are submitted to competent authorities.
7. Training and awareness
Employees receive regular training on AML obligations, typologies, and reporting procedures to ensure effective compliance.
8. Sanctions screening
FXC Meta screens clients against international sanctions lists. Accounts linked to sanctioned individuals or entities are restricted or terminated.
9. Contact compliance
For AML-related enquiries, contact compliance@fxc-meta.com. We respond to requests within statutory timeframes.