Anti Money Laundering Policies
As part of our regulatory obligation to combat money laundering, we at Jaden Forex Ltd are actively involved in preventing financial crime.
To support this policy, Jaden Forex has established the following procedures to ensure complete compliance with International laws and regulations regarding money laundering. These procedures include:
Client personal data identification
Client transactional record tracking
Deposit and withdrawal authentification procedure
Jaden Forex is committed to tracking any suspicious and significant transaction activities, and reports such activities to the appropriate law enforcement bodies. To uphold the integrity of reporting systems and to safeguard businesses, the legislative framework provides legal protection to providers of such information.
Jaden Forex reserves the right to refuse to process a transfer at any stage, where it believes the transfer to be related to any form of money laundering or criminal activity. The companies are prohibited from informing clients that they have been reported for suspicious activity.
The main objective of implementing the Anti-Money Laundering Policy is to ensure that clients engaging in certain activities are identified to a reasonable standard, while minimizing the compliance burden and impact on legitimate clients. For this purpose Jaden Forex has set up a highly sophisticated electronic system which logs and verifies client identification records, and tracks and maintains detailed records of all transactions.