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AML Policy

Vellumeu does not tolerate money laundering and supports the fight against money launderers. Vellumeu follows the guidelines set by the UK's Joint Money Laundering Steering Group. The UK is a full member of the Financial Action Task Force (FATF), the intergovernmental body whose purpose is to combat money laundering and terrorist financing.

Our Policies

Vellumeu has policies in place to deter people from laundering money. These policies include:

  • Ensuring clients have valid proof of identification
  • Maintaining records of identification information
  • Determining that clients are not known or suspected terrorists by checking their names against lists of known or suspected terrorists
  • Informing clients that the information they provide may be used to verify their identity
  • Closely following clients' money transactions
  • Not accepting cash, money orders, third party transactions, exchange houses transfers or Western Union transfers

What Is Money Laundering

Money laundering occurs when funds from an illegal/criminal activity are moved through the financial system in such a way as to make it appear that the funds have come from legitimate sources.

Money laundering usually follows three stages:

  • Firstly, cash or cash equivalents are placed into the financial system.
  • Secondly, money is transferred or moved to other accounts (e.g. futures accounts) through a series of financial transactions designed to obscure the origin of the money (e.g. executing trades with little or no financial risk or transferring account balances to other accounts).
  • And finally, the funds are re-introduced into the economy so that the funds appear to have come from legitimate sources (e.g. closing a futures account and transferring the funds to a bank account).

Trading Accounts and Money Laundering Risk

Trading accounts are one vehicle that can be used to launder illicit funds or to hide the true owner of the funds. In particular, a trading account can be used to execute financial transactions that help obscure the origins of the funds.

Vellumeu directs fund withdrawals back to the original source of remittance, as a preventative measure.

Our Compliance Commitment

International Anti-Money Laundering requirements require financial services institutions to be aware of potential money laundering abuses that could occur in a customer account and implement a compliance program to deter, detect and report potential suspicious activity.

These guidelines have been implemented to protect Vellumeu and its clients.

For questions or comments regarding these guidelines, please contact us at [email protected].

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Direct Communication with Our Team

At Vellumeu, we are committed to growing as a team and delivering excellence in everything we do. As an active participant in the global financial markets, we are always looking for talented and motivated individuals to join us and contribute to our ongoing development.

We believe our people are our greatest asset. That’s why we foster a supportive, collaborative, and dynamic work environment that encourages learning, professional growth, and teamwork.

By joining the Vellumeu team, you’ll become part of a diverse group of professionals driven by a shared vision of innovation, performance, and continuous improvement.

If you’re seeking a challenging and rewarding career in the fast-paced world of Forex and financial markets, Vellumeu could be the right place for you.

Join our team today and step into a world of growth, learning, and opportunity.

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Company Information

Vellumeu (operating via Vellumeu.com) is a financial services company providing access to trading in global financial markets.

Office address:
4 Carlton Gardens,
London, UK, SW1Y5AA

Risk Warning

Vellumeu offers trading in Foreign Exchange (“Forex” or “FX”) and Contracts for Difference (“CFDs”), which are complex financial instruments traded on margin. These products carry a high level of risk due to leverage, which can work both to your advantage and disadvantage. As a result, they may not be suitable for all investors, and you may lose all of your invested capital.

You should only trade with money you can afford to lose. Before deciding to trade, ensure that you fully understand the risks involved and consider your investment objectives and level of experience. Seek independent professional advice where necessary.

No Investment Advice

Vellumeu does not provide investment advice, recommendations, or opinions regarding the acquisition, holding, or disposal of financial instruments. All services are provided on an execution-only basis.

This communication does not constitute an offer or solicitation to enter into any transaction and shall not be construed as such.

Jurisdictional Restrictions

This website is not directed at any specific jurisdiction and is not intended for use in any manner that would be contrary to local law or regulation.

The services of Vellumeu are not available to residents of the United States, Canada, or Türkiye.

Official Website Notice

Vellumeu operates only one official website: www.Vellumeu.com.

All official news and communications are published on this website or sent from email addresses using the official domain. Any other website or email claiming to represent IGG Investing is not affiliated with us, and we bear no responsibility for content published outside our official channels.

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