Anti-Money Laundering (AML) Policy
TMGM Forex is committed to the prevention of money laundering and terrorist financing in line with FATF recommendations and applicable local law.
Customer Due Diligence (CDD)
All clients are subject to identity verification, address verification and source-of-funds checks before deposits or withdrawals are processed.
Enhanced Due Diligence (EDD)
Politically Exposed Persons (PEPs), high-risk jurisdictions and unusual transaction patterns trigger additional checks.
Transaction monitoring
All deposits, withdrawals and trading activity are monitored in real time. Suspicious Activity Reports (SARs) are filed with the relevant Financial Intelligence Unit when required.
Record keeping
Client records and transaction histories are retained for a minimum of 7 years.
Sanctions
We screen clients against UN, EU, UK and OFAC sanctions lists on onboarding and continuously thereafter.