AML & KYC Policy

Prima Cripso anti-money laundering and know-your-customer standards.

Effective date: August 6, 2026

Prima Cripso maintains an anti-money laundering (AML) and counter-terrorist financing (CTF) programme aligned with EU directives and Bulgarian law. Know-your-customer (KYC) checks are an essential part of that programme.

1. Purpose

We verify the identity of clients, understand the nature of their activity, and monitor transactions to detect and prevent money laundering, terrorist financing, fraud, and sanctions violations.

2. Customer due diligence

Before you can fund an account or trade, we typically collect:

Full legal name, date of birth, nationality, and residential address
Government-issued identification and proof of address
Information on source of funds or wealth where required
Beneficial ownership details for corporate clients

3. Ongoing monitoring

We monitor transactions and account behaviour for unusual patterns. We may request updated documents or additional information at any time. Activity may be delayed or blocked while reviews are completed.

4. Sanctions and PEP screening

Clients are screened against applicable sanctions lists and politically exposed person (PEP) databases. Matches are investigated and may result in account rejection or termination.

5. Record keeping

Verification data and transaction records are retained for periods required by law, even after account closure.

6. Reporting

Where obliged, we file reports with the Financial Crime Investigation Service or other competent authorities. We are prohibited from informing you when a suspicious activity report has been filed (“ tipping off”).

7. Refusal and termination

We may refuse onboarding or terminate a relationship when identification cannot be completed, information appears false, risk is unacceptable, or continuing the relationship would breach legal obligations.

8. Contact

Compliance enquiries: support@example.com.