AML and KYC politics
Terms & Conditions

Anti-Money Laundering and KYC Policy



Key Points

AML and KYC policies apply to www.apollon.fund under the control of Apollon Fund Ltd, as well as its partners and customers (hereinafter referred to as the “Company”), and aims to prevent and actively prevent money laundering and any activity that contributes to the receipt of money. laundering or financing of terrorist or criminal activities. The company requires managers, employees and affiliates to follow the principles of this Policy in order to prevent the use of their services for money laundering.

The object of this Policy, as a rule, is actions aimed at concealing or concealing the true origin of funds obtained by criminal means with the aim of money laundering.

Typically, money laundering takes place in three stages. Firstly, at the “placement” stage, cash is transferred to the financial system, where money obtained by criminal means is converted into money instruments, such as money transfers, traveller's checks or transferred to the accounts of financial institutions. At the “bundle” stage, funds are transferred or transferred to other accounts or to other financial institutions for further separation of money from their criminal origin. At the “integration” stage, money is returned to the economy and used to purchase property, finance a business, or criminal activity. When financing terrorism, funds are not necessarily criminal; most likely, this is an attempt to conceal the origin or intended use of funds that will subsequently be used for criminal purposes.

The company is obliged to provide all the necessary information about customers at the request of law enforcement agencies and other authorized financial institutions, as well as keep records of the reliability of the mentioned persons - customers, their accounts, the date of opening and closing of the account and transaction.

In order to detect and prevent terrorism or other types of crimes, the Company agrees to exchange any information about suspected terrorists or money laundering with financial institutions or law enforcement agencies.

Customer agrees:comply with legal standards, including international ones, aimed at combating illicit trafficking, financial fraud, money laundering and the legalization of funds obtained illegally;eliminate direct or indirect complicity in illegal financial activities and any other illegal operations using the Site.

The client guarantees the legal origin, legal ownership and the right to use the funds transferred to the company's accounts. In case of suspicious or fraudulent fund replenishment, including the use of stolen credit cards and / or any other fraudulent activity (including any refunds or cancellations), the Company reserves the right to block your account and cancel any payment made, as well as investigate the nature of doubtful operations on the Client Account, thereby suspending such operations until the reasons for their occurrence and until the end of the investigation.If the origin of the client’s funds is suspicious and / or the funds of the sender of the data and the owner of the trading account differ, the company reserves the right to block the client’s account until the results of the investigation by the Security Service of the Company.

Withdrawal of funds from the trading account by the Client can be carried out after a complete check of the client’s data: the completed application form, verified contact details and provided copies of documents upon request of the Company.

During the investigation, the Company reserves the right to request a copy of the customer ID and bank card used to replenish the account, payment and other documents confirming the legal ownership and legal origin of the funds.

The customer is prohibited from using the services and / or software for any illegal or fraudulent activities or for any illegal or fraudulent transaction (including money laundering) in accordance with the laws of the client’s jurisdiction. The refusal of the Company to make suspicious transactions is not a basis for the civil liability of the Company for failure to fulfill obligations to the Client.

Each division of the Company must be guided by AML and KYC policies prepared in accordance with local regulations.

All personal and official documents will be kept for a minimum period of time established by local law. All new employees are required to attend AML and KYC trainings.

Existing employees undergo annual training. Participation in additional training programs is mandatory for all employees associated with AML and KYC.