Anti-Money Laundering (AML) Policy

Effective as of February 21, 2026.

Verodus LLC ("Verodus") provides digital evaluation services and related online products. While Verodus is an independent evaluation company and does not provide brokerage, custody, or investment advisory services, we maintain strict internal protocols to protect the integrity of our platform. This policy outlines our commitment to preventing financial crime and ensuring a secure environment for all traders participating in our programs.

(1). Regulatory Compliance

Verodus aligns its internal AML measures with international best practices and UAE legislative standards, specifically the 2025/2026 Federal Decree-Law updates. Our goal is to prevent the misuse of our platform for money laundering, terrorist financing, proliferation financing, or any form of illicit activity. Proliferation financing monitoring is continuously applied to all transactions. By applying these standards, we ensure that our operations remain transparent and secure for our participants and our global financial partners.

(2). Risk Assessment

We use a risk-based approach to monitor our platform. This involves evaluating every account based on several factors, including geographic location, payment method, and trading behavior. Accounts that show unusual activity or high-volume patterns are subject to a more detailed internal review to ensure they meet our risk management standards before any performance reward is approved.

(3). Restricted and Sanctioned Regions

To comply with international sanctions and safety standards, Verodus does not offer services to residents of certain jurisdictions. This list is updated regularly based on global risk assessments and UAE Ministry of Economy guidelines. Performance rewards cannot be issued to users located in these sanctioned or restricted regions.

The current list of restricted and sanctioned regions includes:

  • Afghanistan
  • Belarus
  • Burundi
  • Central African Republic
  • Chad
  • Cuba
  • Democratic Republic of the Congo
  • Eritrea
  • Iran
  • Iraq
  • North Korea
  • Libya
  • Myanmar
  • Somalia
  • South Sudan
  • Sudan
  • Syria
  • Yemen
  • Russia
  • Venezuela
  • Sanctioned regions of Ukraine, including Crimea, Donetsk, Luhansk, Kherson, and Zaporizhzhia.

(4). Customer Verification (KYC)

Before being eligible for a performance reward or accessing higher-tier accounts, all users must complete a Know Your Customer (KYC) process. This typically involves providing a government-issued ID and a biometric "liveness" check. For participants with significant performance metrics, we may require Enhanced Due Diligence (EDD) to verify the legitimacy of the user profile and prevent the use of synthetic identities.

(5). Transaction and Trading Monitoring

We continuously monitor all activity on the Verodus platform — including trading patterns and the funding of evaluation fees. We look for indicators that might suggest "coordinated trading" or other activities that don't align with standard retail behavior. If we identify suspicious patterns, we may temporarily restrict the account or the issuance of any performance reward while we conduct an internal investigation. Performance rewards are only distributed after AML/KYC verification and completion of any necessary internal audits.

(6). Virtual Asset Controls

For any performance reward issued via cryptocurrency, Verodus follows industry-standard protocols for virtual asset transparency. We ensure that rewards are sent to verified wallets and that our systems flag any addresses associated with high-risk or illicit activity. This process is essential for maintaining our relationships with digital asset payment gateways.

(7). Record Retention

We maintain secure, encrypted records of all user identification data, evaluation history, and performance reward distributions for at least five (5) years. This audit trail is essential for our internal risk controls and ensures we can provide necessary information if requested by authorized legal or financial entities.

(8). Internal Reporting

Any activity that raises a red flag is escalated to our internal compliance team. We take a proactive stance on platform security: if we have reasonable grounds to believe an account is being misused, we will take the necessary steps to notify the appropriate authorities as required by current UAE law, without compromising our internal security protocols.

(9). Staff Training

All Verodus team members are trained to recognize red flags and follow our internal escalation process. This training is updated periodically to ensure our staff is prepared to handle new types of fraud or financial risks as they emerge in the digital space.

(10). Policy Review

This policy is a "living document." We review and update it regularly to ensure it stays effective as our platform grows and as the global standards for digital rewards and prop trading continue to evolve.

Contact for AML-related Questions

Email: support@verodus.com