Liyan Broker
AML Policy (Anti-Money Laundering)
Introduction
Liyan Broker is fully committed to preventing money laundering activities and the financing of terrorism.
We adhere strictly to international AML regulations and best practices to ensure a safe, transparent, and compliant trading environment for all our clients.
This policy outlines the key measures and procedures implemented by Liyan Broker to detect, prevent, and report suspicious activities.
Content table:
Our Commitment
Comply with all applicable anti-money laundering laws and regulations.
Implement robust internal controls to prevent and detect money laundering activities.
Verify the identity of each client through a thorough Know Your Customer (KYC) process.
Monitor client transactions on an ongoing basis.
Report any suspicious activities to relevant authorities, as required by law.
Know Your Customer (KYC) Procedures
Liyan Broker requires all clients to complete a KYC verification before opening an account or initiating transactions.
This includes:
Full Name
Date of Birth
Residential Address
Valid Government-Issued Identification (passport, national ID, or driver’s license)
Proof of address (utility bill, bank statement, or similar, not older than 3 months)
In certain cases, we may require additional documentation to verify the source of funds.
Monitoring of Transactions
We monitor transactions continuously to detect:
Unusual transaction patterns
Large, frequent, or unexpected deposits and withdrawals
Transactions that do not match the client’s declared activity profile
Any transaction that raises suspicion will be flagged for further review.
Risk Assessment
Liyan Broker conducts ongoing risk assessments to:
Identify clients or transactions with higher risk levels
Apply enhanced due diligence measures when necessary
Regularly review and update our risk-based approach
Clients from high-risk jurisdictions may be subject to additional verification procedures or may be declined service.
Reporting Obligations
We are committed to fully cooperate with law enforcement and regulatory agencies.
In accordance with legal obligations, Liyan Broker will report suspicious activities to the appropriate authorities without informing the client involved (“tipping off” is strictly prohibited).
Prohibited Activities
Liyan Broker strictly prohibits:
Anonymous accounts or accounts with fictitious names
Third-party deposits or withdrawals
Use of the platform for illegal activities such as fraud, terrorist financing, or drug trafficking
Employee Training
All employees at Liyan Broker receive regular training on:
AML regulatory requirements
Identifying and reporting suspicious activities
Internal procedures for compliance with AML laws
Conclusion
By maintaining rigorous compliance with AML regulations, Liyan Broker ensures a secure and trusted trading environment for all its clients.
We appreciate your cooperation and understanding in helping us maintain the highest standards of compliance and integrity.
For any questions related to our AML Policy, please contact our Compliance Department at: [email protected]