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    FXDD AML Policy

    FXDD Malta Limited is committed to comply with all relevant AML and funding of terrorism regulations including but not limited to the 4th anti money laundering directive which has been fully transposed into Maltese regulations via the legal notice 372 of 2017-the Prevention of Money Laundering and Funding of Terrorism Regulations and guidelines and reports issued by the FATF.

    FXDD Malta believes that compliance with Anti money laundering regulations is essential for the integrity of financial systems.

    The company expects all its management and employees to comply with this policy.

    The following criteria are the pillars of FXDD Malta’s anti money laundering policy which are essential to ensure compliance with regulations and to protect our customers

    Know your customer Policy

    FXDD Malta asks clients a number of questions during the application stage in order to understand customers and ensure that the applicant is not a victim of financial crime. Documentation is collected from clients in order to verify the information provided at the application stage.  Such documents may be verified electronically during the application process.

    Periodically, FXDD Malta also requests customers provide updates to the personal information which has been provided at the application stage to ensure that the data and information about its customers is up to date.

    FXDD Malta identifies and verifies the ultimate beneficial owner that is the person that is the persons who own and control the company or on whose behalf the transaction is carried out.

    Controls

    FXDD Malta has a number of internal controls including but not limited to the non-acceptance of cash and the non-acceptance of third party deposits and redemptions.  FXDD Malta does not accept clients from Iran and North Korea as these have been identified by the FATF as non-cooperative jurisdictions.  FXDD Malta does not accept any anonymous accounts and does not maintain any relationships with shell banks. 

    Training of employees

    FXDD Malta conducts extensive due diligence on its employees before recruitment. In addition, FXDD Malta employees are provided with regular training in order to be aware of possible patterns and techniques in money laundering and to detect possible suspicious activity.

     

    Reporting Suspicious Activity

    In line with the relevant regulations any suspicious activity of money laundering and funding of terrorism is reported to the relevant authorities.

    Record Keeping

    Information provided by our customers is retained for a period of five years and protected using the latest technology.

    Regular audits and reviews

    Regular Audits are carried out by reputable audit firms in order to ensure that the policies and procedures are being complied with. The FXDD Malta policies and procedures are regularly reviewed to ascertain that these reflect the current regulations and external environment.

    Should you have any questions or queries regarding the contents of this policy please do not hesitate to contact us at compliancemalta@fxdd.com.mt

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    © 2018  FXDD Global, FXDD Malta Ltd. K2, First Floor, Forni Complex, Valletta Waterfront, Floriana, FRN 1913, Malta

    MFSA IS/48817FXDD Malta Limited holds an investment service category 3 License and is regulated by the Malta Financial Services Authority (MFSA) of Notabile Road, Attard, BKR3000 in Malta.

    *Approved to provide cross border services across the EU / EEA under the European Passport Rights

    HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

    ADVISORY WARNING: FXDD provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FXDD specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FXDD expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.