Compliance commitment
Braxhedge is committed to preventing money laundering, terrorist financing, and related financial crime. This AML/CFT Policy describes the standards we apply to customer due diligence, monitoring, recordkeeping, and escalation. Where required by law, AML/CFT obligations take precedence over conflicting privacy preferences.
Questions about verification or this Policy: support@braxhedge.co.
1. Purpose and scope
The purpose of this Policy is to protect Braxhedge, its investors, and the financial system from abuse. It applies to account opening, deposits, withdrawals, plan allocation, affiliate activity, and ongoing account administration across the Platform.
All staff involved in onboarding, support, payments, and compliance are expected to follow these standards and escalate concerns promptly.
2. Risk-based approach
Braxhedge uses a risk-based approach. We assess risk factors such as customer profile, geographic exposure, product type, transaction patterns, and delivery channel. Controls are calibrated so higher-risk situations receive stronger scrutiny, including enhanced due diligence where appropriate.
Risk assessments are reviewed as our products, markets, and regulatory expectations evolve.
3. Customer due diligence and KYC
Before full Platform access is granted, and as required thereafter, we may collect and verify information that establishes identity and supports account integrity. Depending on risk and product access, this may include:
- Full legal name and date of birth
- Residential address and contact details
- Government-issued identification
- Proof of address
- Source of funds or source of wealth information
- Additional documents for higher-risk profiles
Email verification is required as an access control. Incomplete, inconsistent, or refused verification can delay or block deposits, plan use, or withdrawals.
4. Ongoing monitoring
Customer due diligence does not end at onboarding. We monitor account activity for unusual patterns, rapid movement of funds, structuring indicators, sanctions exposure, and other red flags.
Where monitoring identifies concern, we may request additional information, place temporary holds, restrict features, or decline transactions while review is underway.
5. Sanctions screening
Braxhedge screens customers and relevant counterparties against applicable sanctions lists and prohibited-party lists. We do not knowingly provide services to sanctioned individuals, entities, or jurisdictions where doing so would violate law or payment-partner requirements.
Matches or potential matches are escalated for investigation. Confirmed prohibitions can result in account restriction or termination.
6. Suspicious activity reporting
Staff are trained to recognize and escalate potential suspicious activity. Braxhedge maintains internal escalation paths and, where legally required, files reports with competent authorities.
Investors must not tip off any person that a suspicious activity review or report is underway where such tipping-off is prohibited by law.
7. Recordkeeping
We retain KYC documents, transaction records, and compliance reviews for at least the minimum periods required by applicable law and internal policy. Records are stored with access controls and used for audit, regulatory, and investigative purposes.
8. Governance and training
An AML/CFT compliance function, overseen by a designated Compliance Officer, is responsible for implementing and maintaining this Policy. Controls are tested and updated as needed.
Relevant personnel receive training on identifying money-laundering and terrorist-financing risks, escalation duties, and the importance of accurate customer information.
9. Investor responsibilities
Investors agree to provide truthful information, keep profile details current, and respond to reasonable verification requests. Using false documents, third-party accounts without authorization, or the Platform to move illicit funds is strictly prohibited and may result in account closure and referral to authorities.
10. Relationship to other policies
This Policy should be read with our Terms of Use and Privacy Policy. Privacy rights continue to apply, subject to lawful retention and disclosure required for AML/CFT compliance.