Purpose of the AML/KYC Policy
The supplied 4M AML/KYC policy describes the platform's approach to Anti-Money Laundering and Countering the Financing of Terrorism. It is presented as general information and expressly states that the policy itself does not have legally binding force on 4M or another person.
AML/KYC Principles
4M states that it is committed to supporting AML/KYC operations. The policy describes due diligence when dealing with customers and natural persons acting on behalf of customers, developing business in accordance with high ethical standards, preventing business relationships associated with money laundering or terrorist financing, and cooperating with relevant legal authorities.
Risk Assessment
The policy describes collecting information about customer identity and the country or jurisdiction from which or in which customers are located. It also describes assessment and screening of customers, connected persons, representatives, and beneficial owners using designated lists.
Customer Due Diligence
The policy states that 4M will not open, maintain, or accept anonymous or pseudonymous accounts. Customer due diligence may be performed when establishing a business relationship, conducting certain transactions without an established relationship, receiving cryptocurrency transfers in specified circumstances, where money laundering or terrorist financing is suspected, or where information is considered insufficient or questionable.
Suspicious Activity and Transaction Relationships
Where there are reasonable grounds to suspect that assets or funds are proceeds of drug trafficking or criminal conduct, the policy states that 4M will not establish the relationship or conduct the transaction and will submit a Suspicious Transaction Report to the relevant financial intelligence agency. The policy also addresses transactions that may be linked, related, or deliberately structured into smaller transactions to evade AML/CFT measures.
New Products and Technologies
The policy states that 4M considers money-laundering and terrorist-financing risks associated with new products, business practices, delivery mechanisms, and new or developing technologies. It specifically notes the need for attention to technologies or digital tokens that may favor anonymity.
User Cooperation
Users may be required to provide information or documents needed for customer due diligence and verification. Requirements can vary according to the relevant service, risk circumstances, and applicable laws.
Important Compliance Notice
This page summarizes the supplied AML/KYC policy for search and user navigation. It does not replace the current official policy or create additional legal obligations beyond that policy.