Regulatory Statement

• If you are in Australia or New Zealand, click here to view the regulatory statement.
• If you are in Canada, click here to view the regulatory statement.
• If you are in the United Kingdom or any other location, click here to view the regulatory statement.
• If you would like to view the Money Laundering Statement, click here.

Australia and New Zealand

OzForex Pty Ltd has an Australian Financial Services Licence ("AFSL") issued by the Australian Securities and Investment Commission ("ASIC") to deal and give advice in relation to foreign exchange contracts and derivatives. This licence can be viewed by following this link to the ASIC website: (AFS Licence number 226 484).

Foreign exchange dealing is regulated in Australia by ASIC. You should not deal with a foreign exchange provider that cannot demonstrate they are fully regulated.

You can visit the ASIC website to learn more about the regulatory environment in Australia and what it means for your protection and consumer rights.

• PDS
• FSG

Canada

CanadianForex is a wholly owned subsidiary of OzForex. OzForex is a strategic investment of Macquarie Bank, Accel Partners and the Carlyle Group.

In Canada, CanadianForex employs the same standards and procedures as its parent company to ensure the highest standards of service and integrity for its customers.

In Canada CanadianForex is regulated by FINTRAC (Reporting Entity Number 11503).

Hong Kong

In Hong Kong, OzForex (HK) Limited is registered as a Remittance Agent with the Joint Financial Intelligence Unit (Registration No: NB CON 8/3/1 SF (2028). See entry on page 662.

United Kingdom and other locations

UKForex Limited is a wholly owned subsidiary of OzForex. OzForex is a strategic investment of Macquarie Bank, Accel Partners and the Carlyle Group.

In the United Kingdom under the Money Laundering Regulations 2007, commercial foreign exchange companies are treated as "Money Service Businesses" which are covered by regulations administered by HM Revenue & Customs. Activities falling within the scope of the Money Service Business include the operations of bureau de change, transmission of money by any means and the cashing of third party cheques.

UKForex Limited holds a certificate of registration for Money Laundering Regulation (MLR). Registration number: 12219180.

UKForex is authorised and regulated in the United Kingdom by the Financial Services Authority (FRN: 521566) for the provision of payment services.

Money Laundering Statement

Money Laundering Regulation

The prevention of money laundering is a key focus of regulatory authorities in developed countries. Money laundering regulations are designed to inhibit the movement of funds derived from criminal activity and to restrict the availability of money to fund terrorist activities.

We are committed to preventing money laundering through our service. We have measures in place to ensure strict compliance with the regulatory requirements in each jurisdiction, including taking such measures as the following.
•    Identifying clients.
•    Monitoring and reporting suspicious transactions.
•    Maintaining client records for at least seven years.

Identification and Transactional Information

We are obliged by legislation to collect identification information from all clients and to verify that information prior to transacting with them. It is extremely important that you comply promptly and fully with any request we make for identification information, even if it is inconvenient.

We may also require information as to the nature and purpose of the transaction you are proposing to enter into. The amount of information required will depend on the jurisdictions involved, but any such request for transactional information is equally important and will only be made if it is necessary for us to comply with our regulatory obligations.

Use of Identification Obligation

You should assume that all information provided to us could be made available to regulatory authorities in both the country of origin of the funds and in the country to which the funds are being sent.

No Cash or Credit Cards

In order to reduce the risk that our service could be used for money laundering purposes, we will not accept payment in cash, by cheque or by credit card or debit card. All money is received and remitted by us by electronic means only.

Right to Refuse to Process a Transaction

We reserve the right to refuse to accept you as a client or to refuse to process any transaction at any stage of our relationship if we have reason to believe that information you have provided to us is false or misleading or that a proposed transfer may be connected in some way with an illegal activity.

Reporting Obligations

We are obliged to report all suspicious transactions. By using our service for improper purposes, you could expose yourself to criminal prosecution as we are bound to report any suspicion of such activities to the authorities. Examples of suspicious conduct include, but are not limited to:

•    Breaking a large transaction into smaller transactions to avoid reporting thresholds.
•    Providing false or misleading contact details.
•    Providing false identification documents.

We do not want your business if the funds are sourced from criminal activity or the nature of the transaction is illegal in any way.