As a B2B gaming business operating in Curacao, we recognize the importance of Anti-Money Laundering (AML) compliance to prevent the misuse of our products and services for illicit purposes. We are committed to upholding the highest standards of ethical and responsible behaviour and have developed the following AML policy to ensure that our operations remain free from money laundering and terrorist financing risks.
Risk Assessment
We will conduct a comprehensive risk assessment of our operations to identify and evaluate the money laundering and terrorist financing risks associated with our business. We will review and update our risk assessment on a regular basis to ensure that it remains relevant and effective.
Customer Due Diligence (CDD)
We will implement customer due diligence (CDD) procedures to verify the identity of our customers and assess their risk level. This will include obtaining and verifying identification documents and conducting ongoing monitoring of customer transactions to identify suspicious activity.
Enhanced Due Diligence (EDD)
We will conduct enhanced due diligence (EDD) on customers who are identified as high-risk based on our risk assessment and CDD procedures. This will include additional measures such as source of funds checks, enhanced transaction monitoring, and periodic reviews.
Suspicious Transaction Reporting (STR)
We will implement procedures to identify, report and record suspicious transactions in accordance with relevant regulations. Our employees will receive training on how to identify suspicious activity and report it to the relevant authorities.
Record Keeping
We will maintain detailed records of all transactions and customer interactions in accordance with relevant regulations. Our records will be kept up-to-date and readily accessible for audit purposes.
Training and Awareness
We will provide regular training and awareness programs for our employees to ensure that they understand their AML obligations and are equipped to identify and prevent money laundering and terrorist financing risks.
Compliance Monitoring
We will regularly review and monitor our AML policy and procedures to ensure that they remain effective and up-to-date. We will also comply with all relevant regulations related to AML practices and take appropriate action to address any non-compliance issues.
As a B2B gambling business operating in Curacao, we are committed to preventing money laundering and terrorist financing risks and ensuring that our operations remain free from illicit activity. This AML policy sets out our commitment to upholding the highest standards of ethical and responsible behaviour and will be regularly reviewed and updated to ensure its continued effectiveness.