As an investment firm, Mintos needs to follow certain regulatory requirements; therefore, additional periodic reviews and profile updates are performed. We are required to perform our own procedures that comply with legal requirements and applicable regulations, even in cases when other institutions have made their own compliance checks. We request additional documentation to fulfill the legal obligations deriving from the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing Section 11.1 Article 4. (according to the version of the law in force in August 2024, English version).
In case you do not comply with our requests to provide information based on the current anti-money laundering (AML) and customer verification regulations, we may limit your account. You could be asked to provide clarifications about the source of funds for your deposits and to support them with documentation.
Regular Source of funds (SOF) checks are an important part of these updates, and they help us to ensure the protection of our entire portfolio of investors, as well as the integrity of the system. Please note that SOF requests are tailored for each investor to address both the legal requirements and the specific situation of the account.
If we need to request clarifications, we will get in touch with you via email, so please check so please check your inbox. If you are unsure why your account is limited, you can always contact us directly.
We understand that we may request sensitive information, but can assure you that we treat it with the highest confidentiality. Mintos is subject to the General Data Protection Regulation (EU) 2016/679 (GDPR), which regulates data protection and privacy in the European Union. We handle your personal data in accordance with our Privacy Policy.