Anti-Money Laundering (AML) & KYC Policy
1. Regulatory Status
Allu Finance AG is an authorized Swiss financial intermediary and a member of the VQF (Financial Services Standards Association). The VQF is an officially recognized Self-Regulatory Organization (SRO) pursuant to the Federal Act on Combating Money Laundering and Financing of Terrorism (AMLA), subject to the supervision of the Swiss Financial Market Supervisory Authority (FINMA).
We are committed to the highest standards of integrity. Allu Finance AG strictly adheres to the Swiss AMLA and associated VQF regulations to prevent money laundering, terrorist financing, and the circumvention of international sanctions.
3. Know Your Customer (KYC) & Entity Verification
To ensure a secure financial environment, we perform rigorous due diligence on every business relationship:
This list includes countries and territories subject to international sanctions, high-risk AML concerns, or specific provider restrictions.
Prohibited Jurisdictions: Abkhazia, Afghanistan, Algeria, Angola, Azores, The Bahamas, Belarus, Benin, Burkina Faso, Cameroon, Central African Republic (CAR), Chad, Congo (the Democratic Republic of the), Côte d’Ivoire, Crimea, Cuba, Donetsk (DNR), Eritrea, Ethiopia, Gaza Strip, Ghana, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Kashmir, Kherson, Korea (North), Kosovo, Kuwait, Lebanon, Liberia, Libya, Luhansk (LNR), Mali, Monaco, Mozambique, Myanmar (Burma), Nagorno Karabakh, Namibia, Nicaragua, Niger, Nigeria, Northern Cyprus, Pakistan, Palestine, Panama, Philippines, Qatar, Russia, Senegal, Somalia, South Africa, South Ossetia, South Sudan, Sudan, Syrian Arab Republic, Tanzania, Togo, Trinidad and Tobago, Uganda, Venezuela, Vietnam, West Bank, Yemen, Zaporizhzhia, Zimbabwe.
5. Prohibitions and Restrictions
We comply with the "Travel Rule" for both fiat and virtual asset transfers, ensuring that required information about the originator and the beneficiary is transmitted for every transaction. We utilize advanced Wallet Screening tools for all virtual asset addresses.
7. Data Retention & Confidentiality
In accordance with Art. 7 AMLA, all documentation and transaction records are stored securely for a minimum of 10 years following the termination of the business relationship. All data is processed in accordance with the Swiss Federal Act on Data Protection (FADP).
Allu Finance AG is an authorized Swiss financial intermediary and a member of the VQF (Financial Services Standards Association). The VQF is an officially recognized Self-Regulatory Organization (SRO) pursuant to the Federal Act on Combating Money Laundering and Financing of Terrorism (AMLA), subject to the supervision of the Swiss Financial Market Supervisory Authority (FINMA).
- Regulator: VQF (Financial Services Standards Association)
- SRO Membership Number: 101248
- Company Registration (IDE): CHE-435.428.205
We are committed to the highest standards of integrity. Allu Finance AG strictly adheres to the Swiss AMLA and associated VQF regulations to prevent money laundering, terrorist financing, and the circumvention of international sanctions.
3. Know Your Customer (KYC) & Entity Verification
To ensure a secure financial environment, we perform rigorous due diligence on every business relationship:
- Entity Identification: We exclusively serve legal entities. Verification is conducted via official registry excerpts and articles of association.
- Beneficial Ownership & Control: Pursuant to Swiss law, we identify the Beneficial Owners (BO) of the assets and the Controlling Persons (CP) of the legal entity.
- Verification Methods: We utilize secure digital onboarding, including video identification (FINMA Circular 2016/7), online verification, and face-to-face meetings.
This list includes countries and territories subject to international sanctions, high-risk AML concerns, or specific provider restrictions.
Prohibited Jurisdictions: Abkhazia, Afghanistan, Algeria, Angola, Azores, The Bahamas, Belarus, Benin, Burkina Faso, Cameroon, Central African Republic (CAR), Chad, Congo (the Democratic Republic of the), Côte d’Ivoire, Crimea, Cuba, Donetsk (DNR), Eritrea, Ethiopia, Gaza Strip, Ghana, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Kashmir, Kherson, Korea (North), Kosovo, Kuwait, Lebanon, Liberia, Libya, Luhansk (LNR), Mali, Monaco, Mozambique, Myanmar (Burma), Nagorno Karabakh, Namibia, Nicaragua, Niger, Nigeria, Northern Cyprus, Pakistan, Palestine, Panama, Philippines, Qatar, Russia, Senegal, Somalia, South Africa, South Ossetia, South Sudan, Sudan, Syrian Arab Republic, Tanzania, Togo, Trinidad and Tobago, Uganda, Venezuela, Vietnam, West Bank, Yemen, Zaporizhzhia, Zimbabwe.
5. Prohibitions and Restrictions
- No Shell Banks: We do not partner with institutions having no physical presence in their country of incorporation.
- No Physical Cash: Allu Finance AG does not accept or pay out physical cash, bank notes, or precious metals.
- No Anonymous Accounts: We do not maintain accounts where the beneficial owner cannot be fully verified.
We comply with the "Travel Rule" for both fiat and virtual asset transfers, ensuring that required information about the originator and the beneficiary is transmitted for every transaction. We utilize advanced Wallet Screening tools for all virtual asset addresses.
7. Data Retention & Confidentiality
In accordance with Art. 7 AMLA, all documentation and transaction records are stored securely for a minimum of 10 years following the termination of the business relationship. All data is processed in accordance with the Swiss Federal Act on Data Protection (FADP).