Made on
Tilda
Effective Date: 14 June 2025
This AML Policy (the "Policy") sets out the AML arrangements of SoftBridge Limited (hereinafter, "us," "we," or "Company"), a company registered under the laws of Saint Vincent and the Grenadines with its registered office located at Suite 305, Griffith Corporate Centre Kingstown, St. Vincent and the Grenadines.
We are committed to upholding integrity and transparency in all our operations to prevent and combat any form of money laundering, terrorist financing, and other financial crimes in compliance with the applicable regulatory obligations.
This Policy applies to all employees of the Company, officers, contractors, and consultants.
We are committed to maintaining compliance with the applicable laws and regulations related to the prevention of economic crime. As such, we maintain an AML and CTF framework designed to prevent the misuse of its services for money laundering or terrorist financing activities.
We are dedicated to ensuring that our platform is not used to facilitate illegal activities. Our AML program is designed to detect, deter, and report suspicious activities in compliance with the applicable local regulations. Our commitment includes:
We have implemented a risk-based and tailored approach in our system. Accordingly, the level of control increases in line with the monthly transaction volume of our customers and their risk profile.
We regularly conduct risk assessments to evaluate the effectiveness of our AML measures. This includes reviewing and updating our policies and procedures to address emerging threats and vulnerabilities.
In accordance with applicable laws and regulations, we communicate relevant information to the appropriate authorities when requested and respond to inquiries within a reasonable timeframe, adhering to the applicable duties, obligations, and legal restrictions in compliance with all applicable laws and regulations.
We have a zero-tolerance policy for any attempts to misuse our services for illegal activities, including money laundering, terrorist financing, and financial crimes. Therefore, we will collaborate with any authorities and work closely with regulatory bodies and law enforcement agencies to prevent and mitigate the risks associated with these activities. Any attempt to use our platform for illicit purposes will result in immediate and decisive measures, including account suspension, reporting to authorities, and legal action as necessary.
By adhering to these principles, we strive to create a secure and transparent environment for all our Clients while contributing to the broader effort to combat financial crimes. We also encourage our users to uphold these standards and report any suspicious activities they may encounter to their respective authorities.
We prohibit all forms of bribery and corruption to ensure that:
The Company is required to retain documents and information used for the identification and verification of clients for a minimum of five years following the termination of the business relationship.
To ensure compliance with these requirements, the Company has implemented appropriate measures for the protection of personal data.
Personal data collected under these rules may only be processed for the purpose of preventing money laundering and terrorist financing.
The Company is committed to complying with the recommendations and guidelines established by the Financial Action Task Force (FATF) regarding the prevention of money laundering and the financing of terrorism. All anti-money laundering (AML) procedures and internal controls implemented by the Company are designed to meet or exceed the standards set forth by the FATF and applicable local laws and regulations. The Company regularly reviews and updates its policies to ensure ongoing alignment with FATF Recommendations and best international practices.
We may update this AML Policy whenever necessary. We encourage you to review this policy periodically to stay informed of any changes. If we make significant changes, we will notify you through our website or by other appropriate means.
If you have any questions about our company's privacy policy, the data we hold on you, or you would like to exercise one of your data protection rights, please do not hesitate to contact us at info@softbridge.tech. We are here to address your privacy-related concerns and assist you with any inquiries.