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AML Policy
and Compliance Standards

Review the anti-money laundering framework that supports responsible onboarding, monitoring, and regulatory alignment.

Vida Markets is committed to preventing money laundering, terrorism financing, fraud, and other illicit activity through a risk-based compliance framework. This policy sets out the principles we apply when onboarding clients, monitoring account activity, and reviewing transactions.

The controls described below may require us to request information, delay processing, refuse a transaction, restrict account functionality, or close an account where we consider it necessary to meet our legal and regulatory obligations.

Client identification

Before an account can be fully activated, we may require sufficient information to identify and verify the client, beneficial owner, and any person acting on the client's behalf.

  • Clients may be asked to provide valid proof of identity and proof of residential address.
  • We may use electronic verification, third-party data sources, and document authenticity checks as part of onboarding.
  • Where documentation is incomplete, inconsistent, expired, or unclear, we may request additional evidence before proceeding.

Risk-based assessment

Each client relationship may be assessed according to risk factors such as jurisdiction, payment behavior, account profile, transaction pattern, and expected use of services.

  • Higher-risk relationships may be subject to enhanced due diligence and more frequent review.
  • We may review the source of funds, source of wealth, business activity, or intended trading purpose where appropriate.

Source of funds and wealth

Vida Markets may request information and supporting records to understand the origin of funds deposited into an account and, where relevant, the source of a client's overall wealth.

  • Examples include bank statements, payslips, tax documents, company records, contracts, or sale agreements.
  • Failure to provide satisfactory evidence may lead to deposit rejection, delayed withdrawals, or account restrictions.

Third-party payments and account ownership

As part of our AML controls, deposits and withdrawals should ordinarily be made to and from accounts held in the same name as the trading account holder.

  • We may reject payments from unrelated third parties or request evidence showing a legitimate relationship to the client.
  • We may request confirmation of bank, card, wallet, or payment account ownership before processing a transaction.

Transaction monitoring

We monitor account activity on an ongoing basis to identify unusual behavior, inconsistencies, or patterns that may require compliance review.

  • This may include reviews of deposit frequency, withdrawal destination, account turnover, trading behavior, and transaction size.
  • Automated alerts and manual reviews may be used to investigate activity that appears inconsistent with the client profile.

Sanctions and watchlist screening

Clients, connected parties, and relevant transactions may be screened against sanctions lists, politically exposed person databases, and other relevant watchlists.

  • If a screening result requires clarification, we may request further information before allowing account activity to continue.
  • We reserve the right to block, reject, or freeze activity where required by law or internal compliance review.

Enhanced due diligence

In certain circumstances, we may apply enhanced due diligence before onboarding or while the relationship remains active.

  • This may apply to higher-risk jurisdictions, complex ownership structures, politically exposed persons, or unusual transaction activity.
  • Enhanced reviews can involve additional documentation, senior approval, and closer transaction monitoring.

Ongoing client obligations

Clients are expected to keep their account information accurate and up to date throughout the relationship with Vida Markets.

  • Clients must provide requested compliance information within the timeframe communicated by us.
  • Changes to personal details, residency, beneficial ownership, or payment methods should be updated promptly.

Restrictions, refusals, and reporting

Where required by law, regulation, or internal compliance assessment, Vida Markets may decline to process instructions or may impose account restrictions without prior notice.

  • We may be prohibited from disclosing the basis of certain compliance decisions or whether a report has been made to authorities.
  • Any delay or refusal connected to AML controls is without liability where we are acting to satisfy legal or regulatory duties.

Policy updates and review

This policy may be reviewed and amended from time to time to reflect changes in regulation, business operations, or risk management standards.

Clients should review this page regularly to stay informed about the AML controls that may affect account opening, deposits, withdrawals, and ongoing account use.

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AML Policy FAQ

Common questions about anti-money laundering practices and compliance expectations.