Monetaxis is committed to operating in full compliance with applicable anti-money laundering (AML) and counter-terrorism financing (CTF) laws and regulations. This policy outlines our approach to preventing the platform from being used for financial crime.
Monetaxis operates a zero-tolerance policy for money laundering, terrorist financing, and any other financial crime. We are committed to implementing robust controls to detect, prevent, and report suspicious activity.
All clients must complete Know Your Customer (KYC) verification before their accounts are fully activated. This includes:
Enhanced due diligence may be applied for high-value accounts, clients from higher-risk jurisdictions, or where unusual activity is detected.
We reserve the right to request documentation evidencing the source of funds for deposits that exceed defined thresholds or that are flagged during transaction monitoring. Failure to provide satisfactory documentation may result in a deposit being rejected or an account being suspended pending review.
All account activity, including deposits and payout requests, is subject to automated and manual monitoring. Transactions that appear inconsistent with a client's stated purpose, unusually large, or structured to avoid reporting thresholds may trigger a compliance review.
Where we identify or reasonably suspect money laundering, terrorist financing, or related activity, we are obligated to report this to the relevant authorities. We are legally prohibited from disclosing to clients that a report has been made (the "tipping off" restriction).
We do not knowingly accept clients who are subject to international sanctions, or clients from jurisdictions that are subject to comprehensive sanctions programmes. Accounts found to be in violation of this restriction will be suspended and reported to the appropriate authorities.
We retain all KYC documentation, transaction records, and AML-related correspondence for a minimum of five years following account closure, in line with standard regulatory requirements.
All personnel with access to client accounts or financial records receive AML awareness training appropriate to their role and responsibilities.
This AML Policy is reviewed regularly and updated to reflect changes in applicable law, regulatory guidance, and emerging risk factors.
AML-related enquiries can be directed through the contact page. Compliance reports can also be submitted through the support ticket system inside your dashboard.