Anti-Money Laundering Policy

This Anti-Money Laundering (AML) Policy outlines the measures MT Academy (‘the Company’ or ‘MTAcademy.io’) takes to mitigate risks associated with money laundering and illegal financial activities. As MT Academy does not handle or manage client funds, the responsibility for AML compliance and Know Your Customer (KYC) procedures rests with users and their respective brokers.

1. Purpose and Scope

The purpose of this AML Policy is to set out MT Academy’s commitment to maintaining a secure platform and to outline the company’s responsibilities regarding AML awareness. This policy applies to all employees, contractors, affiliates, and business partners of MT Academy.

2. Company Position on AML Compliance

2.1 User Responsibility
MT Academy does not directly process KYC services or oversee the implementation of AML procedures, as it does not handle or manage user funds. Users must comply with the AML and KYC policies of their respective brokers. To access MT Academy’s services, users must have an approved trading account with a regulated broker.

2.2 Verification Requirements
Although MT Academy does not handle funds, it strongly encourages users to engage only with regulated brokers who follow international AML standards. MT Academy may require users to verify their broker’s regulatory status before using its services.

3. MT Academy’s Commitment

3.1 AML Awareness and Education
MT Academy provides educational materials that emphasize the importance of AML compliance for traders. The Company educates users on how to verify the legitimacy of brokers and ensure they are engaging with compliant entities.

3.2 Partnership with Regulated Entities
MT Academy partners only with regulated and reputable brokers that adhere to international AML and KYC standards, ensuring that the Company maintains a secure and compliant ecosystem for its users.

4. Monitoring and Reporting

4.1 Monitoring Platform Activity
While MT Academy does not monitor user trading activities for AML purposes, the Company reserves the right to audit affiliate and partner activities to ensure that they comply with applicable laws and regulations.

4.2 Suspicious Activity Reporting (SAR)
MT Academy encourages users and partners to report any suspicious behavior they observe in connection with brokers. However, MT Academy does not file SARs on behalf of its users, as it does not manage client funds or trading accounts.

5. Training and Awareness

5.1 Employee Training
Employees of MT Academy will receive regular training to recognize the importance of AML and KYC compliance within the context of the services offered. Employees are trained to advise users on the importance of using regulated brokers.

6. No Access to User Funds or Portfolios

MT Academy does not and will not have access to any user’s portfolio or funds held in their trading account with any third-party broker. Users retain full control and access to their trading accounts. MT Academy provides only educational and advisory services, and users are solely responsible for managing their funds and portfolios with their brokers.

7. Record-Keeping

MT Academy does not handle user financial transactions or maintain user account records related to trading. However, MT Academy retains communication logs and educational service records for compliance purposes.

8. Confidentiality and Compliance with Data Protection

MT Academy complies with GDPR and other data protection regulations when handling user data related to its services. As MT Academy does not process financial transactions or conduct KYC, the scope of data collected is limited to account access and user support.

9. Amendments and Updates

MT Academy reserves the right to amend this AML Policy at any time to align with changes in applicable regulations and business practices. All amendments will be communicated to employees, affiliates, and partners promptly.

10. Governing Law and Jurisdiction

This AML Policy is governed by the laws of the United Kingdom. Any disputes arising under this Policy will be subject to the exclusive jurisdiction of the courts in London, UK.