SIGN UP

AML Policy

Our Anti-Money Laundering and Know Your Client Policy stand as robust measures against money laundering activities, aiming to prevent individuals with illicit motives from obscuring the sources of funds associated with illegal practices.

At keyway pro, we are unwavering in our dedication to upholding the utmost standards of integrity and professionalism across all aspects of our business. This steadfast commitment is exemplified through implementing our Anti-Money Laundering policy, meticulously crafted to align with prevailing laws, regulations, and industry standards.

Scope

This AML policy applies to all individuals, encompassing customers, staff, and associates affiliated with keyway pro. It delineates the methodologies and safeguards we have instituted to thwart, identify, and report any potentially suspicious activities indicative of money laundering or terrorist financing.

Given financial markets' unique characteristics and transparency, they can be exploited to legitimise illicit proceeds. In adherence to our commitment to regulatory compliance, keyway pro abides by established laws and regulations to combat money laundering and terrorist financing. These include, but are not limited to:

  • Financial Intelligence Unit Act, Cap 174 of the Revised Laws of 2009
  • Exchange of Information Act, Cap 146 of the Revised Laws of 2009
  • Mutual Assistance in Criminal Matters Act, Cap 177 of the Revised Laws of 2009
  • Proceeds of Crime Act, 2013
  • Anti-Money Laundering and Terrorist Financing Regulations, 2014
  • Anti-Terrorist Financing and Proliferation Act 2015
  • Anti-Money Laundering and Terrorist Financing (Amendment) Regulations 2017
  • Anti-Money Laundering and Terrorist Financing Code 2017
  • Anti-Terrorist Financing and Proliferation Amendment Act 2017
  • Immigration Restriction Amendment Act 2017
  • Proceeds of Crime Amendment Act 2017
  • Recommendations for Money Laundering of FATF

Our commitment to adhering to these legal frameworks underscores our dedication to maintaining the integrity of financial systems and preventing illicit financial activities within our purview.

Definitions

  • Account: Refers to a registered account created by a user on the keyway pro Platform.
  • Client: Denotes an individual who has completed the registration process on the keyway pro Platform to engage in financial transactions.
  • Company: Represents keyway pro, identified as Branding Bubble Limited, registered address: Hamilton Development, Unit B, Charlestown, Nevis, West Indies.
  • Funds: Encompasses monetary assets and equivalents allocated for authorised activities conducted on the keyway pro Platform.
  • Platform: Refers to the online trading platform accessible through the keyway pro Website.
  • Website / Site: Signifies the web presence located at keyway pro.io.

Customer Due Diligence

keyway pro diligently conducts customer due diligence for all platform users, a prerequisite before granting access to our services. This process involves verifying their identity, evaluating their risk profile, and acquiring details regarding the nature and intent of their transactions.

Employing a risk-based methodology, we tailor the extent of CDD to individual customers, considering variables such as their country of origin, account type, and transaction volume. This ensures a thorough and customised approach aligned with the specific characteristics of each customer.

Transaction Monitoring

keyway pro maintains vigilant oversight of all transactions on our platform, employing a robust system to identify unusual or suspicious activities. Our transaction monitoring system is intricately designed to recognize patterns and behaviours that could signal potential money laundering or terrorist financing activities.

This includes scrutiny of high-value transactions, frequent deposits and withdrawals, and transactions involving countries with heightened risk factors. This proactive approach promptly detects any irregularities, promoting a secure and compliant environment for all platform users.

Reporting

In adherence to legal requirements, keyway pro is committed to promptly reporting any identified suspicious activities or transactions to the relevant authorities. We meticulously document all reports, disclosures, and communications with law enforcement agencies. This stringent reporting mechanism ensures transparency and regulatory compliance, fostering a secure and accountable financial environment for our users.

Education and Vigilance Program

keyway pro prioritises the continuous education of its employees, offering regular training sessions to reinforce their understanding of the obligations outlined in our AML policy. This comprehensive training equips them with the knowledge and skills to identify and report suspicious activities effectively. Additionally, we actively promote AML awareness among our customers and partners through various communication channels, including our website. Collectively, we contribute to a more secure and compliant financial ecosystem by fostering a culture of awareness and responsibility.

Internal Governance and Compliance Oversight

keyway pro has instituted robust internal governance and compliance oversight measures to uphold the efficacy of our Anti-Money Laundering policy. This encompasses routine evaluations and testing of our protocols, with a dedicated AML officer assigned to supervise adherence to our AML policy.

At keyway pro, our unwavering commitment to upholding the highest standards of integrity and professionalism extends to preventing money laundering and terrorism financing. We are dedicated to the ongoing refinement of our AML policy, ensuring its continued effectiveness and alignment with pertinent laws and regulations.