Compliance
Overview
At Prima OTC Market, we recognize that robust compliance and risk management frameworks are essential to the long-term success and integrity of our business. Our commitment is to uphold the highest standards of legal and regulatory adherence, protect client assets, and foster a secure trading environment for all stakeholders.
Know Your Customer (KYC)
We conduct comprehensive KYC checks on every client and partner using a risk-based approach, verifying identities with reliable, independent source documents, data, or information.
Know Your Transaction (KYT)
Our KYT program continuously monitors both current and historical transaction data through automated systems and expert review to detect and escalate any unusual patterns or behaviors.
Sanctions & Watchlist Screening
We screen all clients and transactions in real time against global sanctions and watchlists – including the United Nations Security Council Sanctions List, OFAC, HMT, DEA and other relevant lists – to block any matches immediately.
Suspicious Activity Reporting (SAR)
Upon discovering any suspicious activity, our dedicated compliance team prepares and files a Suspicious Activity Report with the appropriate authorities without delay.
Ongoing Compliance Governance
Prima OTC Market continuously updates its policies to reflect changes in the regulatory landscape, provides regular AML/CFT and sanctions training to all staff, and undergoes periodic internal and third-party audits to validate and strengthen our controls.