1. Regulatory Objective

Norvel Capital is committed to preventing the platform and its advisory networks from being utilized for money laundering, terrorist financing, fraud, or tax evasion. We maintain independent compliance monitoring to ensure full alignment with international AML standards.

2. Customer Due Diligence (CDD) & Identity Verification

Prior to activating client terminal access or accepting transactional allocations, clients undergo thorough identity verification:

• Natural Persons: Valid government-issued passport or national ID card, verified residential address documentation (≤ 3 months old), and contact authentication.
• Corporate Entities: Certificate of incorporation, memorandum and articles of association, register of directors, and verification of Ultimate Beneficial Owners (UBO) holding ≥ 10% equity.
• Enhanced Due Diligence (EDD): Applied to high-value allocations, complex corporate structures, and clients from elevated risk jurisdictions.

3. Source of Funds & Wealth Verification

Clients are required to certify and document the legitimate origin of all allocated funds (e.g., business profits, dividends, asset sales, employment earnings). Third-party payments and anonymous cash equivalents are categorically rejected.

4. Sanctions & Politically Exposed Persons (PEP) Screening

Prospective and existing clients may be reviewed during onboarding and when risk or legal requirements call for renewed screening against relevant sanctions lists, including:

• United Nations Security Council Sanctions (UNSC)
• Office of Foreign Assets Control (OFAC) Specially Designated Nationals
• European Union and United Kingdom Financial Sanctions
• UAE and GCC consolidated terrorist and sanctions registries

Individuals categorized as Politically Exposed Persons (PEPs) or immediate family members undergo mandatory senior compliance approval prior to onboarding.

5. Transaction Monitoring & Reporting

Transactions may be reviewed using provider information and manual controls to identify anomalous fund flows or structuring attempts. Where a legal reporting duty applies, suspected activity will be handled in accordance with that duty.

6. Inquiries

For compliance questions or to submit verification documentation, contact our Compliance Desk at info@norvelcapital.com.