Introduction: betOspin is committed to preventing money laundering and the financing of criminal activities. This Anti-Money Laundering (AML) Policy outlines our commitment to detect and prevent activities that facilitate money laundering or the funding of terrorism.
Customer Due Diligence
The Casino will conduct due diligence on customers during the account registration process and continuously throughout the customer relationship.
Customer identification information, including name, address, date of birth, and other details, will be collected and verified.
Enhanced due diligence measures will be applied to customers presenting a higher risk, and additional information may be requested.
Monitoring and Reporting
The Casino employs sophisticated monitoring tools to detect and analyze suspicious transactions and patterns.
Any activity deemed suspicious will be reported to the relevant authorities in compliance with applicable laws and regulations.
Training and Awareness
Staff members are regularly trained on AML procedures to ensure a high level of awareness and understanding.
The Casino promotes a culture of compliance and encourages employees to report any suspicious activities promptly.
The Casino designates a Compliance Officer responsible for overseeing and implementing the AML program.
The Compliance Officer ensures ongoing compliance with AML laws and regulations and reports to senior management.
Risk Assessment
The Casino conducts periodic risk assessments to identify and mitigate potential risks associated with money laundering and terrorist financing.
Risk-based policies and procedures are implemented to address specific risks and vulnerabilities.
Review and Updates
This AML Policy is subject to periodic review and may be updated to reflect changes in laws, regulations, or the Casino's operations.