1. Purpose and Commitment
Lexon Markets is committed to preventing money laundering and the financing of terrorism. This policy sets out our approach to identifying, managing and reporting financial crime risk.
2. Regulatory Framework
We operate in line with applicable anti-money laundering (AML) and counter-terrorist financing laws and regulations relevant to the jurisdictions in which we provide services.
3. Customer Due Diligence
We apply customer due diligence measures, including verifying client identity, understanding the nature of the client relationship and, where relevant, the source of funds.
4. Ongoing Monitoring
We monitor client activity on a risk-sensitive basis to identify unusual or suspicious transactions that may indicate financial crime.
5. Reporting Suspicious Activity
Where we identify suspicious activity, we report it to the relevant authorities in accordance with applicable law, and we do not disclose such reporting to the client where prohibited.
6. Record Keeping
We maintain records of identity verification and transactions for the periods required by applicable law.
7. Contact
For AML-related queries, contact Lexon Markets at info@lexonmarkets.com.