1. Introduction
LLC "Aventi" ("the Company"), operating the digital platform prop-star.ai, is committed to preventing and detecting money laundering, terrorist financing, and other illicit financial activities. This Anti-Money Laundering (AML) Policy establishes the Company’s framework for compliance with applicable Ukrainian legislation, including the Law of Ukraine “On Prevention and Counteraction to Legalization (Laundering) of Proceeds from Crime, Terrorist Financing, and Financing the Proliferation of Weapons of Mass Destruction,” as well as international standards set by the Financial Action Task Force (FATF).
2. Scope
This Policy applies to all users of prop-star.ai, including individuals and legal entities engaging in financial transactions, account registration, or use of the Company’s services.
3. Commitment to Compliance
The Company:
Prohibits the use of its platform for money laundering or terrorist financing.
Implements risk-based procedures to identify, assess, and mitigate AML risks.
Appoints a designated Compliance Officer responsible for overseeing AML compliance.
Conducts ongoing employee training on AML obligations and red flags.
Maintains records of customer identification data and transaction history for at least five (5) years, as required by Ukrainian law.
4. Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD)
The Company performs CDD as part of its Know Your Customer (KYC) procedures (see separate KYC Policy). In high-risk scenarios—including politically exposed persons (PEPs), transactions from high-risk jurisdictions, or unusual activity—Enhanced Due Diligence measures are applied.
5. Suspicious Activity Reporting
Employees and automated systems monitor transactions and user behavior for suspicious patterns. Any activity that may indicate money laundering or terrorist financing will be:
Internally reported to the Compliance Officer.
Reported to the State Financial Monitoring Service of Ukraine (SFMS) if deemed suspicious under national law.
6. Record Keeping
All identification documents, transaction records, and internal reports related to AML checks are securely stored in compliance with data protection laws and retained for a minimum of 5 years.
7. Policy Review
This AML Policy is reviewed annually or as needed to reflect changes in legislation, regulatory guidance, or business operations.
8. Contact
For AML-related inquiries or to report concerns, please contact our Compliance Officer at:
support@prop-star.ai or office@prop-star.ai
