1. Introduction:
FundedTitan LLC (“FundedTitan,” “we,” “our,” or “us”) is committed to maintaining the highest standards of integrity in the financial services industry. In compliance with applicable Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations, we have implemented robust policies and procedures designed to prevent and detect any misuse of our services.
This AML & KYC Policy outlines the principles and measures we follow to protect both our clients and our company from money laundering, terrorist financing, and other illicit activities.
2. Customer Identification (KYC):
Verification: All customers are required to complete identity verification before accessing our funded accounts. This process is handled through third-party verification providers. Documents: Customers may be asked to provide government-issued identification (passport, driver’s license, national ID card) and proof of address (utility bill, bank statement, lease agreement).Ongoing Monitoring: We may request updated information at any time to ensure customer data remains accurate and compliant.
3. Prohibited Activities:
FundedTitan strictly prohibits the use of its services for: Money laundering, terrorist financing, or other criminal activity. Transactions involving sanctioned individuals, organizations, or countries. Concealment of the true source of funds. Use of fraudulent or stolen identities.
Any attempt to engage in these activities will result in immediate termination of services and may be reported to the appropriate regulatory authorities.
4. Risk-Based Approach:
We apply a risk-based approach to AML: Low-Risk Customers: Standard verification applies. High-Risk Customers: Enhanced Due Diligence (EDD) may be required, including additional documentation and source-of-funds verification. Restricted Jurisdictions: FundedTitan does not onboard customers from countries blacklisted by international sanctions or those prohibited by our payment providers.
5. Monitoring & Reporting:
Transaction Monitoring: All transactions are monitored for suspicious activity.Suspicious Activity Reports (SARs): Any suspicious activity may be reported to relevant authorities as required by law.Internal Review: Regular internal audits ensure the effectiveness of our AML controls.
6. Staff Training:
All FundedTitan staff and contractors involved in customer operations receive training on AML/CTF obligations, recognizing suspicious activity, and proper reporting procedures.
7. Legal Compliance:
FundedTitan complies with all applicable AML and CTF laws, including but not limited to: U.S. Bank Secrecy Act (BSA) USA PATRIOT ActGuidelines issued by the Financial Action Task Force (FATF) Sanctions lists (OFAC, EU, UN, HM Treasury, etc.)
8. Contact:
If you have any questions regarding this AML & KYC Policy, please contact us at: support@fundedtitan.net
