Terms and Conditions of Use
Effective Date: 01/01/2025
Website: www.privatuslex.com
Welcome to Privatus Lex (“we,” “us,” or “our”). We provide offshore legal consultancy and advisory services through our website (the “Website”). These Terms and Conditions (“Terms”) govern your use of our Website and services. By accessing or using our Website, you agree to be bound by these Terms and our Privacy Policy. If you do not agree, please do not use our Website.
1. Scope of Services
Privatus Lex provides general offshore legal consultancy, structuring, advisory, and compliance services, which may include but are not limited to:
- International and offshore company formation
- Regulatory and compliance guidance
- Asset protection consulting
- Cross-border trust and tax-neutral planning strategies
- Private client and corporate advisory services
We are not a law firm and do not offer litigation, court representation, or legal opinions unless through duly licensed professionals or third-party legal partners in the relevant jurisdictions.
2. Eligibility
By using our services, you confirm that:
- You are at least 18 years old or the legal age in your jurisdiction.
- You are legally authorized to receive such consulting services under your local laws.
- You are not located in a sanctioned country or subject to restrictions under international regulations (e.g., OFAC, EU sanctions).
3. No Attorney-Client Relationship
Your use of this Website, or communications with Privatus Lex, does not create an attorney-client relationship. Our services are provided for informational and advisory purposes only, and you are strongly encouraged to consult with a licensed attorney or tax advisor in your own jurisdiction for formal legal advice.
4. Data Protection & GDPR Compliance
We are committed to safeguarding your privacy in compliance with U.S. privacy regulations and the EU General Data Protection Regulation (GDPR).
4.1 Information We Collect
We may collect personal data including:
- Name, contact details, nationality
- Business objectives and documents
- Communication history
- IP address, browser type, and device info
4.2 Use of Data
We use your data to:
- Provide services and respond to inquiries
- Conduct KYC/AML checks (as required)
- Fulfill legal obligations and manage compliance
- Communicate updates and offers (with your consent)
4.3 Your GDPR Rights
If you are in the EU, you have rights including:
- Access, rectification, deletion, objection, and portability of your data
- The right to withdraw consent
- The right to lodge a complaint with a data protection authority
To exercise your rights, email us at [Insert Privacy Contact Email].
4.4 Cross-Border Transfers
Your data may be processed in jurisdictions outside the EU or EEA. We ensure such transfers are protected via:
- Standard Contractual Clauses
- Data Processing Agreements
- Third-party compliance frameworks
5. KYC & AML Compliance
We conduct Know Your Customer (KYC) and Anti-Money Laundering (AML) verifications in accordance with global regulatory standards. You agree to cooperate with any such due diligence request. Failure to comply may result in denial or termination of services.
6. Use of Website
You agree not to use our Website:
- In violation of any applicable laws or regulations
- To solicit illegal activities or bypass international laws
- To copy, reverse engineer, or exploit any part of our content or system
- To submit false or misleading information
7. Intellectual Property
All content, branding, text, graphics, and functionality on this Website are owned by Privatus Lex or its licensors. You may not reproduce or distribute any content without prior written permission.
8. Disclaimer of Warranties
All information on the Website is provided “as is” without warranties of any kind. We make no guarantees as to accuracy, completeness, or suitability of the information for your particular situation.
We do not warrant that the Website will be error-free, uninterrupted, or free from malware or viruses.
9. Limitation of Liability
To the fullest extent permitted by law, Privatus Lex shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising out of or related to:
- Use of the Website or services
- Reliance on any content or advisory
- Delay or interruption of service
Some jurisdictions may not allow exclusions of liability, so some of the above may not apply.
10. Indemnification
You agree to indemnify and hold harmless Privatus Lex, its directors, affiliates, and consultants from any claim, loss, or damage arising out of your use of the Website or services, including any violation of laws or these Terms.
11. Termination
We reserve the right to terminate or restrict access to our Website or services for any reason, including a breach of these Terms, fraudulent activity, or legal non-compliance.
12. Governing Law
These Terms shall be governed by and construed under the laws of:
- The State of Delaware, USA, for contractual and commercial matters;
- The General Data Protection Regulation (EU 2016/679) for users in the EU;
You agree to submit to the exclusive jurisdiction of the courts in these locations unless otherwise required by law.
13. Modifications
We may update these Terms at any time. When we do, we will revise the “Effective Date” at the top of this page. Your continued use of the Website constitutes acceptance of the modified Terms.
14. Contact Us
For any legal, privacy, or general inquiries:
Privatus Lex
Email: contact@privatuslex.com
Know Your Customer (KYC) & Anti-Money Laundering (AML) Policy
Effective Date: 01/01/2025
Entity: Privatus Lex
1. Purpose
This KYC/AML Policy outlines the procedures and controls implemented by Privatus Lex to prevent and detect money laundering, terrorist financing, fraudulent activity, and the misuse of offshore structures for illegal purposes. It ensures compliance with global AML standards, including:
- Financial Action Task Force (FATF) Recommendations
- EU 6th Anti-Money Laundering Directive (6AMLD)
- U.S. Bank Secrecy Act (BSA)
- UK Money Laundering Regulations 2017
- Swiss Anti-Money Laundering Act
- Panama Law 23 of 2015
- UAE AML Law (Federal Decree-Law No. 20 of 2018)
- Singapore Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act
2. Customer Due Diligence (CDD)
We require all clients and beneficial owners to undergo a structured due diligence process before engagement:
2.1 Information Required
- Valid Government ID or Passport
- Proof of Address (dated within 3 months)
- Proof of Source of Funds (e.g., bank statement, transaction history)
- Corporate Documents (if acting on behalf of a legal entity)
- Ultimate Beneficial Owner (UBO) declarations
2.2 Risk-Based Approach
Clients are classified as:
- Low Risk (e.g., EU companies, regulated entities)
- Medium Risk (e.g., new jurisdictions, complex ownership)
- High Risk (e.g., PEPs, trusts, crypto holdings)
3. Enhanced Due Diligence (EDD)
Required for:
- High-risk jurisdictions (as per FATF/OFAC lists)
- Politically Exposed Persons (PEPs)
- Clients with opaque ownership structures
- Transactions involving virtual assets or shell entities
EDD may include:
- In-depth background checks
- Independent source of wealth verification
- Ongoing monitoring and periodic reviews
4. Sanctions & Watchlists Screening
All clients are screened against:
- OFAC SDN List
- EU Sanctions Lists
- UN and UK Sanctions Lists
- Regional sanctions databases (e.g., UAE, Singapore, Panama)
We do not onboard individuals/entities on sanctioned or embargoed lists.
5. Ongoing Monitoring
We conduct:
- Periodic KYC reviews
- Continuous transaction behavior analysis
- Screening updates in response to global events
6. Reporting Obligations
We are committed to reporting suspicious activities to competent authorities in applicable jurisdictions, including:
- FinCEN (USA)
- FIU.net (EU)
- MLRO (UK)
- MROS (Switzerland)
- UAF (Panama)
- FIU (UAE)
- CAD (Singapore)
7. Training & Internal Controls
Staff and consultants receive AML training at onboarding and annually. We maintain:
- Internal audit trails
- KYC document management systems
- Restricted access to client files
- Internal reporting channels for suspicious activity
8. Non-Compliance Consequences
Failure to comply with KYC/AML requests will result in refusal or termination of services.
