AML/KYC Policy

Anti–Money Laundering & Know Your Customer Compliance Statement

Prosperia Securities Group Ltd

Prosperia Securities Group Ltd (“Prosperia”) is committed to maintaining the highest standards of financial integrity and regulatory compliance. As a U.S.-based financial services institution operating in collaboration with licensed entities in Bangladesh and other jurisdictions, Prosperia adheres to all applicable AML and KYC regulations, including those issued by the U.S. Securities and Exchange Commission (SEC), the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and relevant regulatory bodies in partner jurisdictions.

This AML/KYC Policy outlines how Prosperia collects, verifies, and processes customer information to prevent money laundering, terrorist financing, fraud, and other financial crimes.

1. Information Collection for AML/KYC Compliance

To comply with global regulatory requirements, Prosperia may collect and verify the following categories of information:

Government-issued identification (passport, ID card, driver’s license)
Proof of residential address
Tax identification information
Source-of-funds and source-of-wealth declarations
Employment or business information
Customer photographs, biometric data, or video-based verification (when required)
Financial records relevant to due diligence and account monitoring

All information is collected solely for regulatory compliance and service delivery purposes.

2. Identity Verification and Customer Due Diligence (CDD)

Prosperia conducts customer identification and verification in accordance with:

USA PATRIOT Act requirements
FinCEN Customer Identification Program (CIP) rules
OFAC sanctions screening
BSEC and local regulatory requirements applicable to cross-border activities

Depending on the customer’s risk profile, enhanced due diligence (EDD) may be required, including additional documentation or verification procedures.

3. Monitoring and Reporting Obligations

Prosperia implements continuous monitoring of customer accounts and transactions to identify:

Suspicious or unusual activity
Structuring or evasion patterns
High-risk jurisdictions or entities
Transactions inconsistent with known financial profiles
Where legally required, Prosperia files Suspicious Activity Reports (SARs) and cooperates with:
FinCEN
SEC
OFAC

Relevant regulators in Bangladesh through partner institutions

Prosperia does not disclose to customers whether a SAR or related report has been filed.

4. Information Sharing and Confidentiality

Prosperia does not sell customer information.

Information may be shared only under the following circumstances:

With authorized agents or service providers supporting identity verification, transaction processing, or compliance operations
With partner financial institutions in Bangladesh strictly for account operation, settlement, reconciliation, and regulatory reporting
With regulatory authorities or law enforcement when required by law

All information sharing is limited, proportionate, and fully compliant with relevant privacy and data-protection regulations.

5. Data Security and Access Control

Prosperia employs industry-grade security protocols to protect customer data, including:

Encrypted data transmission and secure storage
Multi-layer access control and authentication
Activity logs and audit trails
Restricted access to sensitive information

Only authorized personnel with designated compliance duties may access AML/KYC data.

6. Customer Responsibilities

Customers are responsible for:

Providing accurate and up-to-date information
Responding to verification requests in a timely manner
Updating personal and financial information when changes occur

Failure to provide required information may result in processing delays, restrictions on account functions, or suspension of services to ensure compliance with regulatory obligations.

7. Policy Updates

Prosperia may update this AML/KYC Policy to reflect:

Changes in regulatory requirements
Enhancements in compliance procedures
Updates to operational or cross-border frameworks

All updates will be posted on the Prosperia official website.