VEXPROFX - AML/KYC Policy

1. INTRODUCTION

At VEXPROFX Ltd., we are firmly committed to complying with international trading standards and adhering to all relevant legislation aimed at preventing money laundering (AML) and the financing of terrorism (CFT). Our Compliance Department monitors adherence to these requirements, ensuring all processes align with the recommendations of the Financial Action Task Force (FATF) and our internal AML/KYC standards. These policies are mandatory for all employees and clients and reflect our company's core commitment to ethical and transparent operations.

2. COMPLIANCE RESPONSIBILITIES

The Compliance Department ensures:

• Document Verification: All client documents are accurate, up-to-date, and comply with applicable legal standards.
• AML Protocol Alignment: All operations consistently meet international anti-money laundering standards.
• Mandatory Compliance: All employees and clients must adhere to these AML/KYC policies.

3. AML/KYC RULES FOR CLIENTS

3.1 Compliance Requirement:

Clients must comply with VEXPROFX's AML and KYC requirements throughout their relationship with us. At any time, the company may request additional documentation or completion of a KYC questionnaire as part of ongoing compliance. Clients are required to respond promptly.

3.2 Withdrawal Rules:

Withdrawals are only allowed to accounts in the client's name. Transfers to third-party accounts or between other VEXPROFX clients are strictly prohibited.

3.3 Information Disclosure:

VEXPROFX reserves the right to share client information with financial institutions and law enforcement agencies when required by law, without prior notice or consent. We retain transaction records for a minimum of five years.

4. VERIFICATION PROCESS AND LEVELS

VEXPROFX implements a multi-level customer verification process to ensure robust compliance:

Default Level: Registered

• Basic registration information submitted to create an account.

Level 1: Verified

Required Documents:

• Proof of Identity: Passport, driver's license, residency permit, and a selfie.
• Proof of Address: Recent utility bill, bank statement, or government-issued document (dated within the last 3 months).

Access: Basic trading and withdrawal functions.

Level 2: Verified+

Required Documents:

• Proof of Funds: Bank statements, income proof, or documents verifying legal source of funds.

Access: Extended features, higher transaction limits, and additional account benefits.

5. CLIENT OBLIGATIONS TO PREVENT ILLICIT ACTIVITY

5.1 Legal Compliance:

Clients are responsible for adhering to all relevant laws, including international regulations, to prevent money laundering, financial fraud, and other illegal activities.

5.2 Fund Origin Verification:

Clients confirm the legal origin, ownership, and right to use all funds transferred to their VEXPROFX account. In case of suspicious activity, unreliable sources, or fraudulent behavior (e.g., chargebacks), VEXPROFX reserves the right to investigate, suspend or close the account, and cancel any transactions until investigations are completed. Decisions will follow FATF recommendations and industry best practices.

6. ADDITIONAL VERIFICATION AND INVESTIGATIONS

6.1 Withdrawal Method Change:

If your withdrawal method differs from your deposit method, VEXPROFX may request further information. Failure to comply may result in account suspension.

6.2 Document Requests During Investigations:

Additional documentation may be required to verify identity, address, and legal fund ownership. Original documents may be requested in specific cases.

6.3 Restricted Jurisdictions:

VEXPROFX does not offer services to individuals in FATF-blacklisted jurisdictions or to citizens/residents of the United States.

7. MONITORING SUSPICIOUS ACTIVITY AND ACCOUNT RESTRICTIONS

7.1 Right to Refuse Suspicious Transactions:

VEXPROFX may reject any transaction deemed suspicious. Preventive measures such as account suspension or closure may be taken without civil liability.

7.2 Confidentiality of Compliance Actions:

VEXPROFX is not required to disclose reasons for AML/CFT compliance actions, including transaction rejections, account closures, or documentation requests.

8. POLICY SCOPE AND COMPANY DISCRETION

8.1 Reference Framework:

This document summarizes VEXPROFX's AML/KYC policy and commitment to global AML standards. Internal procedures may expand on these rules.

8.2 Client Agreement Integration:

This policy forms part of the agreement between clients and VEXPROFX. Non-compliance may result in termination of the business relationship at the company's sole discretion.