Anti-Money Laundering (AML) Policy

The People Prop is committed to the highest standards of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) compliance. This policy outlines our procedures to prevent our services from being used for illicit purposes.

1. Know Your Customer (KYC)

Before we issue any payouts or establish a funded contractor relationship with a trader, we require mandatory KYC verification. You will be required to provide:

• A valid, government-issued photographic identification (e.g., Passport, National ID, or Driver's License).
• Proof of residential address issued within the last 3 months (e.g., utility bill or bank statement).
• A live selfie or biometric verification through our third-party verification partners.

2. Prohibited Jurisdictions

The People Prop does not offer services to residents of certain sanctioned countries and jurisdictions, as determined by major global regulatory bodies (e.g., OFAC, UN, EU). If you reside in a restricted region, your account will be suspended, and any fees paid will not be refunded.

3. Payment and Payout Source Verification

We strictly enforce a "closed-loop" payment system wherever possible. This means that:

• Payments for evaluation accounts must come from an account or crypto wallet in your own name.
• Payouts of your profit split will only be sent to bank accounts or crypto wallets that have been verified to belong to you.
• Third-party payments are strictly prohibited and will be rejected.

4. Monitoring and Reporting

Our compliance team actively monitors all transactions, including challenge purchases and profit payouts, for suspicious activity. Any transactions that raise red flags will be investigated. We reserve the right to report suspicious activities to the relevant financial intelligence units or law enforcement agencies without prior notice to the user.

5. Account Suspension

Failure to comply with our KYC requirements or any suspicion of involvement in money laundering, terrorist financing, or fraud will result in the immediate and permanent suspension of your account and forfeiture of any simulated profits.