Anti-Money Laundering and Counter-Terrorism Financing Policy
YaOptions (the "Platform"), operated by YaMarkets Limited, is incorporated in St. Vincent & the Grenadines as an International Business Company with the registration number 26065 BC 2020. Our registered office is located at Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines.
We are committed to maintaining the highest standards in Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and overall financial crime compliance.
This Policy outlines how we detect, mitigate, and report financial crime risks as part of our operational and legal obligations.
The principal objective of YaOptions' AML/CTF Policy is to prevent and prohibit the use of its platform for any activities related to money laundering, terrorism financing, or any other illicit or criminal activities. This includes, but is not limited to, ensuring that customers do not engage in any transactions or conduct that is designed to conceal, disguise, or legitimize proceeds derived from criminal activities.
YaOptions is obligated to maintain a robust mechanism for the identification, detection, and reporting of suspicious transactions. This includes monitoring user activities for patterns indicative of potential money laundering, terrorism financing, or other criminal behaviors.
YaOptions adopts a risk-based approach to ensure that its compliance framework is commensurate with the specific risks associated with digital options trading and virtual assets.
YaOptions recognizes that a robust compliance culture can only be achieved through a well-trained and properly supported team. All relevant staff will receive continuous AML/CTF training, regular audits will be conducted, and ongoing support will be provided.
All individual and institutional users who engage in digital options trading or virtual asset transactions on the YaOptions platform must comply with all relevant regulations under this policy, including adhering to KYC procedures and ensuring the legitimacy of the source of their funds.
This policy applies to all employees, officers, and directors of YaMarkets Limited. These individuals are responsible for ensuring that all activities within the organization adhere to the principles outlined in this AML/CTF policy.
This policy extends to contractors and third-party service providers who engage with YaOptions in any capacity. These external entities must undergo appropriate due diligence and comply with AML/CTF procedures.
YaOptions has established a dedicated AML Compliance Program managed by our AML Compliance Officer (AMLCO), who holds ultimate responsibility for ensuring that all internal procedures, policies, and operations align with applicable national and international regulations.
The AMLCO oversees day-to-day AML/CTF operations, liaises with global financial regulators and law enforcement, ensures required filings are timely and accurate, and conducts compliance training and internal audits.
For high-risk users such as Politically Exposed Persons (PEPs), users from high-risk countries, or those engaged in high-risk industries, we conduct Enhanced Due Diligence involving more detailed reviews and additional monitoring.
YaOptions implements a comprehensive Transaction Monitoring system designed to detect, analyze, and mitigate the risk of illicit activities. The system continuously monitors all trading and wallet activity in real time:
Detection of multiple small transactions that aggregate to suspiciously large sums to avoid reporting thresholds.
Flagging of large transactions that deviate significantly from user's historical transaction behavior.
Detection of transactions involving privacy coins (Monero, Zcash, Dash) or mixing services that obscure fund origins.
Monitoring for signs of IP address masking or attempts to conceal user identity or location.
Cross-referencing transactions with comprehensive blacklists and sanction lists from global regulators.
Thorough investigation to assess the nature of suspicious activity, including transaction amount, frequency, patterns, and user profile discrepancies.
Review by AML Compliance Officer, internal escalation to senior management, and secure documentation of all investigation records.
Preparation of internal reports that can be submitted to relevant SVG authorities or international agencies as required.
All customers are screened against updated global sanctions lists at onboarding.
Real-time transaction monitoring for potential sanctions risks.
Continuous review and automatic updates to reflect latest sanctions changes.
Account freezing and service suspension for sanctions matches.
All customers are screened against updated global sanctions lists at onboarding.
Real-time transaction monitoring for potential sanctions risks.
Continuous review and automatic updates to reflect latest sanctions changes.
Account freezing and service suspension for sanctions matches.
YaOptions retains all AML/CTF-related records for a minimum period of five (5) years from the date of the last transaction or end of customer relationship.
All sensitive data is encrypted both at rest and in transit using strong encryption standards.
Access to AML/CTF-related data is restricted to authorized personnel only with strict role-based access controls and multi-factor authentication.
Routine backups are performed and stored securely with continuous monitoring and audit trails.
YaOptions conducts an independent audit of its AML/CTF Program at least annually by external third-party auditors.
Audit findings and recommendations are shared with senior management, compliance committee, and regulatory authorities upon request.
Corrective actions are implemented promptly based on audit findings, including policy revisions, control enhancements, and targeted staff training.
YaOptions takes all violations of its AML/CTF policies with the utmost seriousness. All breaches are met with appropriate enforcement actions:
The AML/CTF Policy is formally reviewed at least once every 12 months to evaluate continued effectiveness and legal compliance.
Immediate updates are triggered by changes in laws, regulations, sanctions lists, new services, or emerging financial crime typologies.
All updates undergo legal review, senior-level approval, and clear communication to all stakeholders with training where required.
If you have any concerns or questions regarding this AML/CTF Policy, please contact us at:
support@yaoptions.com
Approved by:
Lalit Matta
Chief Executive Officer, YaOptions