FORTUNE OXPTION CAPITAL LIMITED
ANTI-MONEY LAUNDERING AND TERRORIST FINANCING POLICY
FORTUNE OXPTION LTD is now licensed and regulated by the Money Services Businesses (MSBs) pursuant to the Bank Secrecy Act (BSA) regulations at 31 CFR 1022.380(a)-(f) under the jurisdiction of United States Of America and administered by the Financial Crimes Enforcement Network (FinCEN).
Money Laundering is the conversion or transfer of property, the concealment or disguising of the nature of the proceeds, the acquisition, possession or use of property, knowing that these are derived from criminal activity; or participating in or assisting the movement of funds to make the proceeds appear legitimate.
The process of money laundering can be divided into three sequential stages:
Placement- puts the "dirty money" into the legitimate financial system.
Layering- conceals the source of the money through a series of transactions and bookkeeping tricks.
Integration - the now-laundered money is withdrawn from the legitimate account to be used for whatever purposes the criminals have in mind for it.
If you are interested in learning about how such entities process your personal data, please refer to our corresponding privacy statements which may be found on our specific websites.
The goal of preventing money laundering is a major responsibility of Fortune Option and other Money related businesses to ensure effective risk management. AML policy means preventing the use of the company’s services by criminals, with the aim of money laundering, terrorist financing or other criminal activity
3.1 Fortune option reserves the rights to collect clients’ information during the process of registration, each client provides personal information, specifically: full name, country of origin, and valid ID’s. The following documents are required in order to verify the personal information
3.2 The company reserves the right to refuse processing a transaction at any stage where it believes the transaction to be connected in any way to money laundering or criminal activity.
3.3 Fortune Option reserves the right to stop any client’s operation, which can be regarded as illegal or may be related to money laundering in the opinion of the staff.
In general Fortune oxption collects and process the Personal Data, for the following reasons:
Clients can communicate with our support staff whenever needed assistance or any clarifications
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FLUSHING NEW YORK,
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