This Anti-Money Laundering (AML) Policy outlines the measures and procedures implemented by FundsCap (hereinafter referred to as “the Company,” “we,” “our,” or “us”) to prevent and detect money laundering and the financing of terrorism. In accordance with regulatory requirements and industry best practices, this policy addresses customer identification and verification, as well as the use of SumSub, a third-party software for identity verification.
The purpose of this AML Policy is to:
3.1. Customer Due Diligence (CDD)
We will perform customer due diligence (CDD) to understand our customers, their financial activities, and the potential risks they may pose. This includes assessing the purpose and intended nature of the business relationship, transaction, or activity.
3.2. Customer Identification
We require customers to provide the following information and documentation during the onboarding process:
a. Name
b. Date of Birth
c. Contact Details (address, phone number, email)
d. Identity Documentation (passport, national ID, or other government-issued ID)
e. Proof of Address (utility bill, bank statement, or similar)
3.3. SumSub – Third-Party Identity Verification
The Company employs SumSub, a third-party software solution, for customer identity verification. SumSub uses a combination of document checks, facial recognition, and biometric data analysis to verify the authenticity of customer-provided identification documents. By using SumSub, we aim to:
We will continuously monitor customer transactions and activities for any unusual or suspicious behaviour. This includes reviewing the nature of transactions, the source of funds, and any deviations from established patterns of behaviour.
If we identify any suspicious activities or transactions, we will promptly report them to the relevant authorities in accordance with regulatory requirements. We will also cooperate with law enforcement and regulatory agencies in any related investigations.
The Company will maintain records of customer identification and verification data, as well as transaction records, for a minimum of 5 years. These records will be made available to regulatory authorities upon request.
Our employees will receive training to raise awareness of AML and CTF (Counter-Terrorism Financing) risks and to ensure compliance with this policy. Training will be ongoing to keep staff informed about the latest developments in AML regulations.
This AML Policy will be reviewed and, if necessary, updated at least once a year to ensure it remains compliant with regulatory requirements and reflects best practices.
If you have any questions, concerns, or requests related to this AML Policy, please contact us at:
FundsCap Limited
Registered Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Saint Lucia LC01 401
Email: [email protected]
By using our services, you agree to comply with and adhere to this AML Policy. We appreciate your cooperation in helping us combat money laundering and the financing of terrorism.
FundsCap Limited (EI)
located at Lee View House, 13 South Terrace, Cork, Ireland, T12 T0CT
FundsCap Limited (LC)
Saint Lucia (Company No. 2025-00509), located at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Saint Lucia LC01 401.
© FundsCap Group. All Rights Reserved.
FundsCap operates through two independent legal entities:
FundsCap Limited (EI) – Registered in Ireland, located at Lee View House, 13 South Terrace, Cork, T12 T0CT. Provides proprietary trading evaluations and educational services. Not a broker, does not accept deposits, and is not regulated under the Central Bank Act 1942 (Section 10) of Ireland. Terms & Conditions
FundsCap Limited (LC) – Registered in Saint Lucia (Company No. 2025-00509), located at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Saint Lucia LC01 401. Provides brokerage technology and access to trading platforms. Legal Terms
Engagement with FundsCap involves separate agreements with each entity. All services are for educational and evaluation purposes only and do not constitute investment advice, solicitation, or financial promotion.
Risk Warning: Trading in financial markets carries significant risk and is not suitable for everyone. Only trade with funds you can afford to lose. The FundsCap Group assumes no liability for any trading losses.
Educational Use Only: All information provided on this website is intended solely for educational purposes related to simulated trading. It does not represent a specific investment recommendation, business advisory, or opportunity analysis. FundsCap provides access to simulated trading environments powered by third-party liquidity providers. No real funds are traded, and no investment services are offered.
No Brokerage or Client Deposits: FundsCap is not a broker and does not hold or manage client funds. The trading platforms offered are part of proprietary trading evaluations and educational tools only.
Jurisdictional Restrictions: FundsCap does not offer services to residents of the United States, Iran, North Korea, or any jurisdiction where such services would violate local law or regulation. Users are solely responsible for compliance with their local laws.
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