Financial-crime controls for safer access.

Purpose of this policy

This AML & KYC Policy explains the controls Arabian Markets may apply to help prevent money laundering, terrorist financing, fraud, sanctions violations, identity theft, market abuse and other financial crimes.

The policy applies to users, clients, applicants, authorised representatives, beneficial owners and anyone who accesses or uses Arabian Markets websites, platforms, accounts, products or services.

Arabian Markets may update its controls from time to time to reflect legal, regulatory, operational, risk-management or technology changes.

Know Your Customer checks

Before opening or fully activating an account, Arabian Markets may require information and documentation to identify and verify the client.

KYC information may include full name, date of birth, nationality, citizenship, residential address, contact details, occupation, employer, tax information, trading experience, investment objectives, source of funds, source of wealth and other onboarding information.

We may verify information using documents, electronic checks, third-party verification providers, public sources, compliance databases or other lawful verification methods.

Identity and document verification

Clients may be asked to provide documents such as a passport, national identification card, residency or visa documents, proof of address, bank statements, payment evidence, proof of income, source-of-funds documents, source-of-wealth documents or corporate documents where the client is a legal entity.

Documents must be authentic, valid, clear, complete and consistent with the information provided during onboarding.

Arabian Markets may reject, delay or request replacement documents where information is incomplete, unclear, expired, inconsistent, suspicious or otherwise insufficient for verification.

Beneficial ownership and authorised representatives

Where an account is opened by or for a company, partnership, trust or other legal arrangement, Arabian Markets may request information about directors, shareholders, beneficial owners, controllers, signatories and authorised representatives.

We may require evidence of authority to act on behalf of another person or entity.

Clients must not open or operate an account for another person unless they are properly authorised and have disclosed the relevant relationship to Arabian Markets.

Source of funds and source of wealth

Arabian Markets may ask clients to explain and evidence the origin of funds used for deposits and trading activity.

Source-of-funds and source-of-wealth checks may include review of income, employment, business activity, savings, investments, asset sales, inheritance, bank records, payment history and other documents reasonably required for compliance purposes.

Failure to provide satisfactory information may result in account restrictions, delayed deposits or withdrawals, rejected transactions, suspension or account closure.

Sanctions, PEP and adverse-media screening

Arabian Markets may screen clients, applicants, beneficial owners and related parties against sanctions lists, politically exposed person databases, watchlists, adverse-media sources and other compliance databases.

A politically exposed person, close associate or family member may be subject to enhanced due diligence where required by law or internal risk policy.

Arabian Markets may refuse onboarding, restrict services or terminate a relationship where sanctions, financial-crime, reputational or regulatory risk cannot be managed appropriately.

Ongoing monitoring

KYC and AML checks may continue after account opening. Arabian Markets may monitor account activity, deposits, withdrawals, trading patterns, login activity, changes in client information and other behaviour relevant to compliance and security.

We may request updated information or documents at any time during the client relationship.

Clients are responsible for keeping their personal, contact, financial and account information accurate and current.

Deposits and withdrawals

Deposits and withdrawals may be reviewed for identity verification, account ownership, payment-method ownership, AML checks, source-of-funds verification, payment-provider requirements, open-position requirements and internal security controls.

Clients should normally use payment methods held in their own name. Third-party payments may be rejected, returned or subject to additional review unless specifically approved and legally permitted.

Arabian Markets may delay or reject deposits or withdrawals where documents are missing, compliance concerns exist, ownership cannot be verified, fraud is suspected, funds are insufficient, the request conflicts with law or further investigation is reasonably required.

Prohibited activity

Arabian Markets must not be used for unlawful, fraudulent or abusive activity.

Prohibited activity may include money laundering, terrorist financing, sanctions evasion, identity fraud, payment fraud, use of stolen payment methods, market manipulation, insider trading, account takeover, submission of fraudulent documents, exploitation of obvious technical errors, cyberattacks, abusive automation or activity prohibited by applicable financial-market legislation.

Where prohibited activity is suspected, Arabian Markets may investigate, restrict transactions, suspend services, close accounts or take other steps permitted by law and the applicable client agreements.

Enhanced due diligence

Enhanced due diligence may be applied where a client, transaction, jurisdiction, product, payment method or account activity presents increased risk.

Enhanced checks may include additional documentation, management approval, closer transaction monitoring, more frequent reviews, source-of-wealth verification or limits on products and services.

The level and timing of due diligence may vary depending on risk, legal requirements, regulatory expectations and internal policies.

Suspicious activity and reporting

Arabian Markets may review, monitor, delay, reject or investigate transactions and account activity where required for compliance purposes.

Where legally required or permitted, Arabian Markets may disclose information to regulators, financial-intelligence units, governmental bodies, courts, law-enforcement authorities, payment providers, banks or other competent authorities.

In some circumstances, Arabian Markets may be prohibited from notifying a client that a report, investigation or compliance review has been made.

Record keeping

Arabian Markets may retain KYC, AML, identity, payment, communication, transaction, risk assessment and compliance records for as long as required by applicable law, regulation, contract, legitimate business needs, dispute periods or financial-crime prevention obligations.

Certain records may need to be retained for several years after an account is closed or the client relationship has ended.

Where information is no longer required, it may be securely deleted, destroyed or anonymised in accordance with internal retention procedures and applicable law.

Client cooperation

Clients must cooperate with reasonable verification, compliance, security and financial-crime prevention requests.

This includes providing accurate information, supplying requested documents, explaining account activity, updating changed details and responding within the requested timeframe.

If a client does not provide required information, Arabian Markets may restrict account access, delay transactions, reject applications, suspend services, close accounts or take other action permitted by law.

Third-party providers

Arabian Markets may use banks, payment providers, identity-verification providers, document-verification providers, sanctions-screening providers, fraud-prevention services, compliance databases, analytics providers and technology providers to support AML and KYC controls.

Service providers processing personal information on our behalf are expected to use it only for authorised purposes and maintain appropriate confidentiality and security.

No circumvention

Clients must not attempt to bypass AML, KYC, sanctions, geographic, payment, platform or security controls.

This includes providing false information, manipulating location, using another person's documents or payment method, concealing beneficial ownership, structuring transactions to avoid review or using the platform for another person's undisclosed benefit.

Relationship with other policies

This AML & KYC Policy should be read together with the Terms & Conditions, Privacy Policy, Risk Disclosure, Cookie Policy, Deposit and Withdrawal Policy, Restricted Jurisdictions Policy and any account agreement applicable to your relationship with Arabian Markets.

If a specific client agreement or mandatory law imposes stricter requirements, those requirements may apply in addition to this policy.