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AML · KYC · flow of funds
Compliance
Every payment in and out of Sparkling Labs Limited relates to its own trading activity. This page sets out how counterparties are verified, how transactions are documented, and exactly where the money goes.
The model
Principal trading.
Which means: our
risk, our invoice.
Sparkling Labs Limited buys equipment on its own account from OEM manufacturers and resells it to end-clients under its own commercial terms. It is not an agent, not a broker and not a payment intermediary.
That distinction decides everything else on this page. No funds are held on behalf of third parties. No third-party payment processing is performed. Clients are not transferred or onward-assigned to suppliers. Execution is not subcontracted.
Flow of funds
In as USD.
Out as CNY and EUR.
Against a trade invoice, every time.
All incoming and outgoing payments settle by international wire through the company's Hong Kong multi-currency operating account — the primary account for client receipts and supplier payments, and integral to daily treasury and settlement.
Funds in
Industrial distributors & machine-tool service companies
Pay for the supply of precision tooling, electrotechnical equipment, measuring instruments, spare parts and consumables. 50% in advance, balance before shipment.
USD · wireFunds in
Licensed medical-device distributors
Pay for the supply of neurosurgical and neuro-critical-care devices for onward distribution, on the same advance / balance terms.
USD · wirereceipts
Operating account
SPARKLING LABS LIMITED
Hong Kong SAR
A single multi-currency operating account handles client receipts and supplier payments. All funds received are used exclusively for the company's own procurement and operating activity. No funds are held on behalf of third parties. No third-party processing.
Multi-currencypayments
Funds out
Industrial OEM manufacturers
Mainland China
OEM manufacturers in mainland China, paid for the industrial equipment and tooling procured for resale — against verified trade invoices, to pre-approved accounts.
CNY · wireFunds out
Medical-device manufacturer
France
The manufacturer of the neurosurgical and neuro-critical-care line, paid for the devices procured for resale — against verified trade invoices.
EUR · wireThe framework
Three things we do
before, during and after
every transaction.
Before · onboarding
KYC and AML
Every B2B client goes through identity verification, corporate documentation review and sanctions screening before onboarding. Suppliers go through the same. Documentation of counterparties is maintained consistent with applicable regulatory requirements.
Applied to all clients and all suppliers
During · settlement
Transaction monitoring
Monitoring procedures flag unusual patterns. Every international wire is accompanied by full documentation of the underlying trade invoice. Payments are released only to pre-approved, verified supplier accounts — never to an account introduced mid-transaction.
Every wire carries its trade invoice
After · record
Trade documentation
An invoice and a purchase order are kept for every transaction, alongside the packing list and transport documents that travel with the shipment. Records are held for the period applicable regulation requires.
Invoice · PO · packing list · transport documents
Next step
Reviewing us as a counterparty?
Corporate documentation, UBO details and counterparty verification records are available to banks, clients and suppliers on request.