Anti-Money Laundering (AML) & Counter-Terrorism Financing (CFT) Policy

1. Purpose of AML Policy

This Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) Policy ensures that Stockity operates in accordance with international standards aimed at preventing financial crime. The policy is designed to protect the trading platform from misuse by individuals or organizations attempting to launder illicit funds, conceal illegal financial sources, or support terrorist activities.

2. Identity Verification and KYC

Stockity implements Know Your Customer (KYC) procedures to verify the identity of users before granting access to certain platform services. Users may be required to submit identification documents such as passports, national IDs, or proof of address.

3. Transaction Monitoring

All transactions on the platform are continuously monitored using risk analysis systems designed to detect unusual or suspicious financial behavior. Suspicious transactions may be temporarily restricted or investigated.

4. Reporting Suspicious Activity

Stockity may report suspicious transactions or activities to the appropriate authorities as required by applicable regulations and financial compliance standards.

5. Prevention of Platform Misuse

Users are strictly prohibited from using the platform for illegal activities including fraud, money laundering, or financial manipulation. Violations may lead to account suspension or termination.

6. User Awareness and Policy Updates

Stockity promotes user awareness regarding financial security, fraud prevention, and responsible platform usage. This AML policy may be updated periodically to reflect regulatory changes.