Client Acceptance Policy
1. Objective
The Client Acceptance Policy defines the minimum conditions and risk principles used to determine whether Montrock will establish or continue a client relationship.
2. General Acceptance Criteria
A prospective client must:
- be legally capable of entering into the relationship;
- be located in a jurisdiction that the Company is legally permitted to serve;
- successfully complete applicable KYC/CDD;
- provide satisfactory beneficial ownership, source of funds and source of wealth information where requested;
- meet the Company’s client-category and product-eligibility requirements;
- present a risk profile within the Company’s approved risk appetite.
3. Risk Factors
The Company considers country, residence, nationality, ownership complexity, legal form, business activity, regulatory status, PEP status, sanctions exposure, adverse media, anticipated transaction size, payment method, source of wealth, use of intermediaries and other relevant factors.
4. Prohibited Relationships
The Company will not knowingly establish or maintain relationships that are prohibited by law or sanctions, involve false or stolen identities, involve undisclosed beneficial owners, lack a legitimate economic purpose, require anonymous accounts, or otherwise fall outside the Company’s risk appetite.
5. Higher-Risk Relationships
Higher-risk does not necessarily mean prohibited. Where permitted, additional information, EDD, senior approval, enhanced monitoring, lower limits, product restrictions or periodic review may be applied.
6. Professional and Institutional Clients
Professional or institutional status does not remove AML/CFT requirements. Regulated institutions may be assessed using proportionate reliance on public regulatory information and corporate evidence, subject to applicable law and internal policy.
7. Ongoing Acceptance
Acceptance is not permanent. The Company may re-assess a client following ownership changes, unusual activity, regulatory changes, adverse information, new countries, new products, expired KYC or other trigger events.
8. Right to Decline
Subject to applicable law, Montrock may decline an application or terminate a relationship where the Company cannot become reasonably satisfied as to identity, legitimacy, regulatory eligibility or risk. The Company is not required to disclose confidential financial-crime reasoning where doing so would be unlawful or inappropriate.
Contact and Regulatory Information
Montrock Ltd is incorporated in Mauritius under Company No. 231276 GBC and is regulated by the Financial Services Commission, Mauritius (FSC) as an Investment Dealer (Full Service Dealer, Excluding Underwriting), FSC Licence No. GB25205688. Registered office: Suite 201, Level 2, The Catalyst, 40 Silicon Avenue, Cybercity, Ebene 72201, Mauritius.
Compliance enquiries: compliance@mont-rock.com
Website: https://mont-rock.com
Risk warning: Transactions in financial instruments, particularly leveraged or derivative instruments where offered, involve significant risk and may result in substantial loss. Nothing on the website constitutes a guarantee of profit or investment performance.