Last updated · May 2026
Framework
ACKOfunded operates a risk-based AML programme aligned with FATF recommendations and the licensing framework applicable to its operations as a proprietary trading firm.
KYC Requirements
- Identity: government-issued photo ID (passport, national ID or driver’s licence).
- Address: recent utility bill, bank statement or equivalent (issued within 90 days).
- Payment instrument: proof of ownership of the destination account, wallet or wire instructions.
Sanctions & PEP Screening
All Participants are screened against applicable sanctions, politically-exposed-person and adverse-media lists at onboarding and on an ongoing basis.
Source of Funds
We may request additional information clarifying the source of any funds used to pay evaluation fees, particularly where transaction patterns warrant enhanced due diligence.
Ongoing Monitoring
Trading behaviour, payment activity and account changes are monitored on a continuous basis. Suspicious activity is escalated to compliance and may be reported to competent authorities.
Suspicious Activity Reporting
Where required by law, ACKOfunded files Suspicious Activity Reports (SARs) with the relevant Financial Intelligence Unit. We may not be permitted to disclose that a report has been filed.
Compliance Cooperation
We cooperate fully with competent authorities, law enforcement and judicial bodies in all matters relating to financial crime and AML compliance.