AML Policy

Last reviewed: June 2026

1. Our commitment

BSCapital Inc. is committed to preventing money laundering and the financing of terrorism and to complying with applicable anti-money-laundering ("AML") and counter-terrorist-financing ("CTF") laws and regulations. Our regulatory status is described on the Regulatory information page.

2. Money Laundering Reporting Officer (MLRO)

Our MLRO can be contacted at [email protected] for AML-related enquiries or to report suspicious activity.

3. Know Your Customer (KYC)

Before you can fully use our services, we verify your identity. We may request:

Government-issued photo identification (passport, national ID or driving licence).
Proof of address (e.g. a recent utility bill or bank statement, not older than three months).
Information on the source of funds and source of wealth where appropriate.
A selfie or live verification where required by our verification partner.

4. Politically exposed persons (PEPs)

We identify whether clients or beneficial owners are politically exposed persons (PEPs) or close associates of PEPs. Enhanced due diligence applies to PEP relationships, including approval by senior management and ongoing monitoring.

5. Ongoing monitoring

We monitor account activity and transactions on a risk-based approach and may request additional information or documentation at any time. Unusual or suspicious activity may be reported to the relevant authorities. We do not inform clients when a suspicious activity report has been filed where prohibited by law.

6. Screening

We screen clients and transactions against applicable sanctions lists and watchlists, including lists published by the UN, OFAC, EU and UK HM Treasury, using Refinitiv World-Check or equivalent tools.

7. Payments

Funds must originate from an account or payment method held in your own name. Third-party payments are not accepted. We may decline or reverse transactions that present AML/CTF risk. Cryptocurrency deposits are subject to blockchain tracing and may be declined where the origin cannot be verified.

8. Restricted persons

We do not knowingly provide services to sanctioned individuals or entities, or to persons in jurisdictions where our services are restricted or prohibited by applicable law.

9. Record keeping

We retain identification, transaction and due-diligence records for a minimum of five (5) years after the end of the business relationship, or longer where required by applicable law or regulation.