AML POLICY

HalbergFin is firmly committed to preventing money laundering and actively supports global efforts to combat financial crime. We adhere to the standards set by the UK’s Joint Money Laundering Steering Group, and the UK’s membership in the Financial Action Task Force (FATF) ensures we follow international best practices.

Our company has established strict anti-money laundering (AML) procedures, which include:

• Verifying the identity of all clients with valid documentation
• Maintaining comprehensive records of client identification
• Screening clients against international watchlists to prevent dealings with known or suspected criminals
• Informing clients that their information may be used for identity verification
• Monitoring all financial transactions for suspicious activity
• Refusing to accept cash, money orders, third-party payments, or transfers from unverified sources

Money laundering is the process of disguising the origins of illegally obtained funds to make them appear legitimate within the financial system.

Typically, money laundering involves three phases:

• Placement: Introducing illicit funds into the financial system
• Layering: Moving funds through various accounts and transactions to obscure their origin
• Integration: Reintroducing the laundered money into the economy as apparently legitimate assets

Trading accounts can be misused to conceal the true source or ownership of funds. For this reason, HalbergFin ensures that withdrawals are sent back to the original funding source whenever possible.

International AML regulations require financial institutions to remain vigilant for potential abuse and to implement robust compliance programs to detect and report suspicious activities.

These measures are in place to protect both HalbergFin and our clients.

If you have any questions or feedback regarding our AML policy, please contact us at: [email protected].