Des Voeux Partners Limited (hereinafter referred to as “the Company”) strictly complies with applicable anti-money laundering, counter-terrorist financing and proliferation financing laws, regulations and regulatory requirements in relevant jurisdictions. We are committed to preventing the use of our investment services for money laundering, terrorist financing, illegal fund transfer and any other unlawful activities.
Customer Identification & KYC Obligations
All clients shall complete mandatory Know Your Customer (KYC) verification before opening an account or conducting investment transactions. You are required to provide true, accurate, complete and valid identity documents, proof of address, source of funds and other supporting materials as requested. The Company reserves the right to conduct ongoing due diligence and enhanced due diligence on clients as required by regulations. You shall promptly update information to the Company if any personal or corporate information changes.
Source of Funds Declaration
Clients warrant that all funds used for investment through the Company originate from legal and legitimate sources. Clients shall not use funds obtained through illegal activities including fraud, corruption, illegal gambling, underground banking and other criminal offences. Upon request, clients must provide credible evidence to verify the legitimacy of capital sources.
Transaction Monitoring & Reporting
The Company implements continuous monitoring of client transaction activities. If we detect transactions that are unusual, suspicious, inconsistent with your normal investment profile or potentially linked to illegal activities, we may suspend, restrict or refuse to process relevant transactions. The Company shall submit suspicious transaction reports to the competent financial intelligence unit or regulatory authority in accordance with legal requirements without prior notice to clients where necessary.
Prohibited Conduct
Clients are prohibited from:
Using accounts under your name to receive or transfer funds for third parties without legitimate business or investment reasons;
Opening and using accounts for others, or renting, lending or selling trading accounts;
Splitting transactions to evade regulatory thresholds and supervision;
Engaging in any acts that violate anti-money laundering and relevant financial regulatory rules.
Measures for Non-compliance
If a client fails to cooperate with identity verification, refuses to provide supporting documents, provides false information, or engages in suspicious unlawful transactions, the Company has the right to take measures including but not limited to restricting transaction functions, freezing trading accounts, terminating service agreements and reporting to relevant regulatory authorities. All legal liabilities arising therefrom shall be borne solely by the client.
Information Confidentiality
The Company will handle your personal and transaction information in strict confidence in accordance with data protection rules. Information submitted to regulatory authorities pursuant to anti-money laundering legal obligations will not be used for irrelevant purposes.
If you have inquiries regarding our anti-money laundering procedures, please contact our compliance team via dvphk@desvoeuxcap.com.