Legal Documents

Zora Capital Limited is a fully licensed and legally registered entity, headquartered on the Ground Floor of The Sotheby Building in Rodney Village, Rodney Bay, Gros Islet, Saint Lucia. Holding registration number 2023-00478, our firm operates in full accordance with local regulatory standards, underscoring our commitment to transparency, compliance, and the delivery of dependable financial services.

This document (hereinafter referred to as the “Conclusion”) has been prepared at the request of Zora Capital Limited (Company Registration No. 2023-00478), a legal entity incorporated under the laws of Saint Lucia (hereinafter referred to as the “Broker”).

Introduction to FinCEN

The Financial Crimes Enforcement Network (FinCEN) is a bureau within the U.S. Department of the Treasury. Operating under the authority of the Secretary of the Treasury, FinCEN is led by a Director who reports directly to the Under Secretary for Terrorism and Financial Intelligence.

FinCEN USA MSB (Money Services Business)

Zora Capital Limited is registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. FinCEN operates under the Bank Secrecy Act (BSA), originally enacted in 1970 and later enhanced by the USA PATRIOT Act of 2001 and related legislation. This legal framework empowers FinCEN to regulate financial institutions, helping to prevent illicit activity and ensure transparency in the financial system.

What is MSB Registration?

MSB (Money Services Business) registration is a regulatory status that mandates financial institutions to adhere to strict anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. This ensures secure and transparent operations, providing a safer environment for financial transactions.

Benefits of MSB Registration for Zora Capital Limited

• Enhanced Security: Adherence to rigorous regulatory standards ensures the protection of client funds and personal data
• Increased Credibility: Being a FinCEN-registered broker strengthens trust and confidence in our services.
• Improved Services: Regulatory compliance enables us to deliver smoother, more reliable financial transactions and access to broader financial opportunities.

What This Means

• Business Legitimacy & Credibility: Our U.S. incorporation confirms that Zora Capital Limited is officially recognized as a U.S.-registered business, bolstering trust with our clients and partners.
• Enhanced Global Presence: With our U.S. registration, we are strategically expanding into key financial markets, enabling us to forge strong relationships with international financial institutions and service providers.
• Opportunities for Strategic Partnerships: This registration opens doors for Zora Capital Limited to collaborate with banks, fintech firms, and liquidity providers, enhancing the financial services and solutions we offer to clients around the world.
• Commitment to Transparency & Growth: While this registration does not permit us to offer brokerage services within the U.S., it underscores our commitment to transparency, international standards, and industry best practices.

At Zora Capital Limited, we prioritize transparency, credibility, and global growth to solidify our position in the financial sector. As part of our strategy to strengthen our international business operations, Zora Capital Limited is now officially incorporated as a business entity in the United States under a Profit Corporation registration in the state of Colorado.

What This Means

• Business Legitimacy & Credibility: Our U.S. business incorporation confirms that ZoraFx Ltd is officially recognized as a U.S.-registered business entity, reinforcing trust among our clients and partners.
• Enhanced Global Presence: With our U.S. registration, we are strategically expanding into key financial jurisdictions, allowing us to establish strong relationships with international financial institutions and service providers.
• Opportunities for Strategic Partnerships: This incorporation enables ZoraFx Ltd to collaborate with banks, fintech companies, and liquidity providers, further improving the services and financial solutions we offer to our clients worldwide.
• Commitment to Transparency & Growth: While this registration does not authorize us to offer brokerage services within the U.S., it reflects our dedication to business transparency, international standards, and best industry practices.

At Zora Capital Limited, we are committed to maintaining the highest standards of integrity and regulatory compliance. As a regulated brokerage firm, we take all necessary steps to prevent money laundering and terrorist financing, ensuring a stable and secure financial environment.

Why AML Compliance Matters

Money laundering is a significant threat to the financial system, with serious implications for individuals and businesses. Adhering to AML regulations is crucial to maintain trust and security within the industry.

Our AML Policy: Trading Requirement for Withdrawals

To ensure the legitimacy of withdrawal requests and mitigate money laundering risks, clients must trade at least 0.03 lots for a minimum of 2 minutes before requesting a withdrawal.

How It Works

Once a withdrawal request is initiated, our compliance team will review the client’s trading activity. If the trading requirement is not met, clients will be informed and asked to fulfill it before their withdrawal can be processed.

Our Commitment to You

At Zora Capital Limited, we prioritize your security and transparency. Our AML policies protect your interests and uphold the integrity of our platform, contributing to a safer financial environment.

Conclusion

Zora Capital Limited is dedicated to AML compliance. Our trading requirements for withdrawals help safeguard our platform and prevent money laundering. If you have any questions, please contact our support team.