AML/KYC Policy

Introduction

UAB VirtuaBroker Solutions (“VirtuaBroker”) is committed to conducting its business in accordance with the highest standards of anti-money laundering (AML) and counter-terrorist financing (CTF) compliance.

As a company incorporated in Lithuania (Company No. 306285107), VirtuaBroker complies with the Law on the Prevention of Money Laundering and Terrorist Financing of the Republic of Lithuania, the EU 4th and 5th Anti-Money Laundering Directives (AMLD4/5), and other applicable EU and national legislation.

VirtuaBroker is registered in the Register of Legal Entities of Lithuania as a:

• Virtual Currency Exchange Operator, and

• Depositary Virtual Currency Wallet Operator,
  supervised by the Financial Crime Investigation Service (FNTT).

Our approach

Customer Due Diligence (CDD)

We apply strict Know Your Customer (KYC) checks to all users and business partners.

• Verification includes government-issued identification, proof of address, and source of funds/wealth where required.

• Enhanced Due Diligence (EDD) is applied for higher-risk customers, such as politically exposed persons (PEPs) or those in high-risk jurisdictions.

Verification technology

VirtuaBroker uses Sumsub, a global compliance provider, to perform secure identity verification and ongoing monitoring.

• Document authentication

• Biometric checks

• Screening against international sanctions lists and PEP databases

Risk-based monitoring

• Customers are classified by risk profile.

• Enhanced checks are applied for higher transaction volumes, complex ownership structures, or PEP exposure.

• All transactions are monitored continuously to detect unusual or suspicious activity.

Record keeping

• In accordance with Lithuanian and EU regulations, VirtuaBroker retains identification documents and transaction records for at least 8 years after the end of a business relationship.

Reporting obligations

• We comply with obligations to report suspicious activity to the Financial Crime Investigation Service (FNTT).

• Reports are made in line with Lithuanian AML/CTF laws and EU directives.

Training and internal governance

• All staff receive regular AML/CTF training.

• VirtuaBroker has appointed a Money Laundering Reporting Officer (MLRO), who oversees AML compliance and acts as the main point of contact with regulators.

Statement of commitment

VirtuaBroker has zero tolerance for money laundering, terrorist financing, or any other form of illicit financial activity.

By implementing strict KYC/AML procedures and partnering with Sumsub for secure verification, we aim to provide a safe, transparent, and compliant environment for our clients and partners.

Contact

For questions regarding this AML/KYC Policy, please contact us:

UAB VirtuaBroker Solutions
Company number: 306285107
Lvivo g. 105A-101, LT-08104, Vilnius, Lithuania
📩 Email: info@virtuabrokersolutions.com