AML & KYC Policy

1. It is the policy of y2markets.com and its affiliates (hereinafter "the Company") to prohibit and actively pursue the prevention of money laundering and any activity that facilitates money laundering or the funding of terrorist or criminal activities. The Company requires its officers, employees, and affiliates to adhere to these standards in preventing the use of its products and services for money laundering purposes.

2. Within this Policy, money laundering is generally defined as engaging in acts designed to conceal or disguise the true origins of criminally derived proceeds so that the unlawful proceeds appear to have been derived from legitimate origins or constitute legitimate assets.

3. Money laundering generally occurs in three stages. Cash first enters the financial system at the "placement" stage, where cash generated from criminal activities is converted into monetary instruments, such as money orders or traveler's checks, or deposited into accounts at financial institutions. At the "layering" stage, the funds are transferred or moved into other accounts or institutions to further separate the money from its criminal origin. At the "integration" stage, the funds are reintroduced into the economy and used to purchase legitimate assets or fund other criminal or legitimate businesses. Terrorist financing may not involve the proceeds of criminal conduct, but rather an attempt to conceal the origin or intended use of funds later used for criminal purposes.

4. Each employee of the Company whose duties are associated with the provision of the Company's products and services, and who directly or indirectly deals with the Company's clientele, is expected to know the requirements of applicable laws and regulations affecting their job responsibilities, and it is the affirmative duty of such employees to carry out these responsibilities at all times in compliance with relevant laws and regulations.

5. Applicable laws and regulations include, but are not limited to: "Customer Due Diligence for Banks" and the "General Guide to Account Opening and Customer Identification" of the Basel Committee on Banking Supervision, the FATF Recommendations for Money Laundering, the USA Patriot Act, and prevailing prevention and suppression of money laundering activities legislation.

6. To ensure this general policy is carried out, the Company's management has established and maintains an ongoing program to assure compliance with relevant laws and regulations and the prevention of money laundering. This program coordinates specific regulatory requirements across the group within a consolidated framework to effectively manage exposure to money laundering and terrorist financing risk across all business units, functions, and legal entities.

7. Each of the Company's affiliates is required to comply with AML and KYC policies.

8. All identification documentation and service records are kept for the minimum period required by local law.

9. All new employees receive anti-money laundering training as part of the mandatory new-hire training program. All applicable employees are also required to complete AML and KYC training annually, with additional targeted training required for employees with day-to-day AML and KYC responsibilities.

10. The Company has the right to request that the Client confirm their registration information at its discretion and at any time. To verify data, the Company may request notarized copies of a passport, driver's license, or national identity card, bank account statements or utility bills to confirm the residence address, and in some cases a photograph of the Client holding their identity card close to their face.

11. The verification procedure is not mandatory for the Client's identification data unless the Client has received such a request from the Company. The Client may voluntarily send a copy of their passport or other identifying document to the Company's client support department to verify personal data. When depositing or withdrawing funds via bank transfer, the Client must provide documents for full verification of name and address in connection with the processing of bank transactions.

12. If any of the Client's registration data (full name, address, or phone number) changes, the Client must immediately notify the Company's client support department with a request to modify the data, or make the change without assistance in the Client's Profile. To change the phone number on file, the Client must provide a document confirming ownership of the new number (such as an agreement with a mobile service provider) and a photo of their ID held close to their face; personal data must match across both documents.

13. The Client is responsible for the authenticity of the documents (and their copies) provided, and recognizes the Company's right to contact the appropriate authorities of the issuing country to validate their authenticity.