mirror of
https://github.com/luxfi/compliance.git
synced 2026-10-30 16:59:39 +00:00
zeekayandHanzo Dev
5c7d0fa655
Lux Partners Limited is not the entity behind this work. Every place the old name stood — copyright lines, site footers, brand config, legal and compliance text — now names the company that actually holds it. lux.fund is the exception and is not renamed to match: that site belongs to Lux Assets Management LLC, a different company, and it says so. Two kinds of line were left for a person rather than rewritten. A dated news item recording that Lux Partners Limited was established in the Isle of Man is a historical fact, and renaming it would falsify the record. And a sentence asserting that the company is domiciled in the Isle of Man is a claim about a jurisdiction, not a name — an Inc or an LLC is not an Isle of Man company, so swapping the name there would assert something untrue. Co-authored-by: Hanzo Dev <[email protected]>
112 lines
4.5 KiB
Go
112 lines
4.5 KiB
Go
// Copyright 2024-2026 Lux Industries Inc. All rights reserved.
|
|
// Use of this source code is governed by the Apache 2.0
|
|
// license that can be found in the LICENSE file.
|
|
|
|
package regulatory
|
|
|
|
// UAEADGM implements the Jurisdiction interface for Abu Dhabi Global Market (ADGM),
|
|
// regulated by the Financial Services Regulatory Authority (FSRA).
|
|
type UAEADGM struct{}
|
|
|
|
func (a *UAEADGM) Name() string { return "UAE - ADGM" }
|
|
func (a *UAEADGM) Code() string { return "AE-ADGM" }
|
|
func (a *UAEADGM) RegulatoryFramework() string { return "fsra" }
|
|
func (a *UAEADGM) PassportableTo() []string { return nil }
|
|
|
|
func (a *UAEADGM) Requirements() []Requirement {
|
|
return []Requirement{
|
|
{
|
|
ID: "ae-adgm-fsra-licence",
|
|
Category: "licensing",
|
|
Description: "FSRA Financial Services Permission for regulated activities",
|
|
Mandatory: true,
|
|
Reference: "FSMR 2015 (Financial Services and Markets Regulations), Part 2",
|
|
},
|
|
{
|
|
ID: "ae-adgm-fsra-virtual-assets",
|
|
Category: "licensing",
|
|
Description: "FSRA Virtual Asset framework: operating a crypto exchange, providing custody, brokerage",
|
|
Mandatory: false,
|
|
Reference: "FSRA Guidance on Regulation of Virtual Asset Activities in ADGM (2020, updated 2023)",
|
|
},
|
|
{
|
|
ID: "ae-adgm-aml",
|
|
Category: "aml",
|
|
Description: "AML/CFT compliance under ADGM AML Rulebook and Federal Decree-Law 20/2018",
|
|
Mandatory: true,
|
|
Reference: "ADGM AML Rulebook 2021",
|
|
},
|
|
{
|
|
ID: "ae-adgm-cdd",
|
|
Category: "kyc",
|
|
Description: "Customer due diligence: identity verification, beneficial ownership, source of wealth",
|
|
Mandatory: true,
|
|
Reference: "ADGM AML Rulebook 2021, Chapter 7",
|
|
},
|
|
{
|
|
ID: "ae-adgm-edd",
|
|
Category: "kyc",
|
|
Description: "Enhanced due diligence for PEPs and high-risk customers",
|
|
Mandatory: true,
|
|
Reference: "ADGM AML Rulebook 2021, Chapter 8",
|
|
},
|
|
{
|
|
ID: "ae-adgm-str",
|
|
Category: "reporting",
|
|
Description: "Suspicious Activity Report to ADGM and UAE FIU",
|
|
Mandatory: true,
|
|
Reference: "ADGM AML Rulebook 2021, Chapter 12",
|
|
},
|
|
{
|
|
ID: "ae-adgm-cobs",
|
|
Category: "kyc",
|
|
Description: "Conduct of Business rules: client classification, suitability assessment, best execution",
|
|
Mandatory: true,
|
|
Reference: "ADGM COBS Rulebook, Chapter 3-6",
|
|
},
|
|
}
|
|
}
|
|
|
|
func (a *UAEADGM) ValidateApplication(app *ApplicationData) []Violation {
|
|
var violations []Violation
|
|
|
|
if app.GivenName == "" {
|
|
violations = append(violations, Violation{RequirementID: "ae-adgm-cdd", Field: "given_name", Message: "Full name is required for FSRA CDD", Severity: "error"})
|
|
}
|
|
if app.FamilyName == "" {
|
|
violations = append(violations, Violation{RequirementID: "ae-adgm-cdd", Field: "family_name", Message: "Family name is required for FSRA CDD", Severity: "error"})
|
|
}
|
|
if app.DateOfBirth == "" {
|
|
violations = append(violations, Violation{RequirementID: "ae-adgm-cdd", Field: "date_of_birth", Message: "Date of birth is required for FSRA CDD", Severity: "error"})
|
|
}
|
|
if len(app.Street) == 0 || app.Street[0] == "" {
|
|
violations = append(violations, Violation{RequirementID: "ae-adgm-cdd", Field: "street", Message: "Residential address is required for FSRA CDD", Severity: "error"})
|
|
}
|
|
if app.Email == "" {
|
|
violations = append(violations, Violation{RequirementID: "ae-adgm-cdd", Field: "email", Message: "Email address is required", Severity: "error"})
|
|
}
|
|
if app.FundingSource == "" {
|
|
violations = append(violations, Violation{RequirementID: "ae-adgm-cdd", Field: "funding_source", Message: "Source of funds/wealth is required under ADGM AML Rulebook Chapter 7", Severity: "error"})
|
|
}
|
|
|
|
if app.IsPoliticallyExposed == nil {
|
|
violations = append(violations, Violation{RequirementID: "ae-adgm-edd", Field: "is_politically_exposed", Message: "PEP status declaration is required under ADGM AML Rulebook Chapter 8", Severity: "error"})
|
|
}
|
|
if app.IsPoliticallyExposed != nil && *app.IsPoliticallyExposed {
|
|
violations = append(violations, Violation{RequirementID: "ae-adgm-edd", Field: "is_politically_exposed", Message: "Enhanced due diligence required: customer is a PEP", Severity: "warning"})
|
|
}
|
|
|
|
return violations
|
|
}
|
|
|
|
func (a *UAEADGM) TransactionLimits() *Limits {
|
|
return &Limits{
|
|
SingleTransactionMax: 500_000,
|
|
DailyMax: 2_000_000,
|
|
MonthlyMax: 10_000_000,
|
|
CTRThreshold: 55_000,
|
|
TravelRuleMin: 3_675,
|
|
Currency: "USD", // ADGM operates in USD
|
|
}
|
|
}
|