TradeStack is committed to preventing money laundering, fraud, and other illegal activities on its platform.

We achieve this by:

• Verifying user identities through our KYC process
• Monitoring transactions for suspicious activity
• Applying stricter checks for higher-risk users
• Screening users against global sanctions lists
• Reporting suspicious activities to relevant authorities where required

By using TradeStack, you agree to comply with these safeguards designed to protect both you and the platform.

Overview

TradeStack (“we,” “our,” or “us”) maintains a zero-tolerance policy toward money laundering, terrorist financing, and financial crime.

This Anti-Money Laundering (“AML”) Policy outlines the systems, controls, and procedures we use to detect, prevent, and report suspicious activities in compliance with applicable laws and global best practices, including guidance from the Financial Action Task Force (FATF), as well as local regulations enforced by the Central Bank of Nigeria (CBN) and the Nigerian Financial Intelligence Unit (NFIU).

Our AML Commitment

We are committed to:

• Preventing the use of our platform for illegal activities
• Maintaining a secure and compliant financial environment
• Identifying and managing financial crime risks
• Cooperating with regulatory and law enforcement authorities

Scope

This AML Policy applies to:

• All users of TradeStack
• All transactions conducted on the platform
• All employees, contractors, and third-party service providers involved in operations, compliance, or customer interaction

Customer Due Diligence

TradeStack implements Customer Due Diligence (CDD) as part of its AML framework.

• All users must undergo identity verification in line with our KYC Policy
• Customer information is assessed to determine risk levels
• Transactions are evaluated against user profiles to ensure consistency

We may restrict or deny access to services where verification requirements are not met.

Enhanced Due Diligence

Enhanced Due Diligence (EDD) is applied to higher-risk users or transactions.

This may include:

• Additional identity verification requirements
• Source of funds and source of wealth checks
• Increased transaction monitoring
• Manual compliance review and approval

Users identified as high-risk may be subject to stricter controls or limitations.

Transaction Monitoring

We continuously monitor transactions to detect suspicious patterns, including:

• Unusual transaction sizes or frequency
• Activity inconsistent with a user’s profile
• Rapid movement of funds without clear purpose
• Attempts to bypass platform controls

Suspicious transactions may be flagged, delayed, or blocked pending review.

Sanctions Screening

TradeStack screens users and transactions against relevant sanctions and watchlists, including:

• United Nations (UN) sanctions lists
• Office of Foreign Assets Control (OFAC) lists
• Local and regional regulatory watchlists

Users or transactions linked to sanctioned individuals, entities, or jurisdictions may be restricted or terminated.

Suspicious Activity Reporting

Where suspicious activity is identified, TradeStack may:

• Conduct internal investigations
• Restrict or suspend accounts
• Report the activity to relevant authorities, including the Nigerian Financial Intelligence Unit (NFIU)

We comply with all applicable legal obligations regarding reporting and cooperation with authorities.

Prohibited Activities

The following activities are strictly prohibited on TradeStack:

• Money laundering or attempts to disguise illicit funds
• Fraud, scams, or deceptive practices
• Use of stolen or unauthorized payment methods
• Transactions linked to illegal goods or services
• Attempts to evade regulatory or compliance controls

Violation of these rules may result in immediate account termination.

Ongoing Monitoring and Risk Management

We adopt a risk-based approach to AML compliance:

• User risk profiles are continuously updated
• High-risk accounts are monitored more closely
• Internal controls are reviewed and improved regularly

This ensures that our AML processes remain effective and aligned with evolving risks.

Record Keeping

TradeStack maintains detailed records of:

• Customer identification data
• Transaction history
• Risk assessments and compliance actions

These records are retained for a minimum of five (5) years or as required by applicable laws

Employee Training and Compliance Oversight

TradeStack ensures that:

• Employees receive regular AML training
• Compliance responsibilities are clearly defined
• Internal reviews and audits are conducted periodically

A designated compliance function oversees AML implementation and adherence.

Data Protection

All data collected for AML purposes is:

• Securely stored and encrypted
• Accessible only to authorized personnel
• Processed in accordance with applicable data protection laws

Policy Updates

This AML Policy may be updated periodically to reflect:

• Changes in regulatory requirements
• Improvements in compliance practices
• Emerging financial crime risks

Users will be notified of material changes where required.

Contact Us

If you have any questions regarding this AML Policy, please contact:

By using TradeStack, you acknowledge that you read, understood, and agree to this AML Policy.