Introduction

VirtuaBroker Ltd (“VirtuaBroker”) is committed to conducting its business in accordance with the highest standards of anti-money laundering (AML) and counter-terrorist financing (CTF) compliance.

As a company incorporated in England & Wales (Company No. 13131104), VirtuaBroker complies with the UK Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended, and other applicable legislation.

Our approach

1. Customer Due Diligence (CDD)

   • We apply strict Know Your Customer (KYC) checks to all users and business partners.

   • Verification includes government-issued identification, proof of address, and, where applicable, enhanced due diligence (EDD) for higher-risk customers.

2. Verification technology

   • VirtuaBroker uses Sumsub, a global compliance provider, to perform secure identity verification and ongoing monitoring.

   • Sumsub provides document authentication, biometric checks, and screening against international sanction and politically exposed persons (PEP) lists.

3. Risk-based monitoring

   • We classify customers by risk profile and apply enhanced checks where required (e.g. higher transaction volumes, complex structures, or PEP exposure).

   • Transactions are continuously monitored to detect unusual or suspicious activity.

4. Record keeping

   • In accordance with UK regulations, we retain identification documents and transaction records for a minimum of five years after the end of a business relationship.

5. Reporting obligations

   • We comply with all requirements to report suspicious activity to the UK Financial Intelligence Unit (FIU) / National Crime Agency (NCA).

6. Training and internal governance

   • Our staff receive regular AML/CTF training.

   • VirtuaBroker has appointed a Money Laundering Reporting Officer (MLRO) who oversees AML compliance and liaises with regulators.

Statement of commitment

VirtuaBroker does not tolerate money laundering, terrorist financing, or any other form of illicit financial activity.

By implementing strict KYC procedures and partnering with Sumsub for secure identity verification, we aim to provide a safe and compliant environment for our clients and partners.

Contact
For questions regarding this AML/KYC Policy, please contact: info@virtuabroker.com