AML Policy 

At Slot Empire Casino, we place the highest priority on maintaining the integrity and security of our platform. One key component of this commitment is our Anti-Money Laundering (AML) Policy. This policy serves as a comprehensive guide to the measures, procedures, and principles we have put in place to combat money laundering, terrorist financing, and other illicit financial activities. Please read this policy carefully to understand the significance of AML in safeguarding our platform and ensuring compliance with legal and regulatory requirements.

Introduction to AML

a. The Role of AML

Anti-Money Laundering (AML) is a set of regulations, policies, and procedures designed to prevent individuals and entities from using financial systems to launder money, finance terrorism, or engage in other illegal financial activities. Slot Empire Casino is committed to implementing AML practices to deter and detect such activities on our platform.

b. Legal and Regulatory Compliance

Our AML procedures are aligned with international standards and are in compliance with the laws and regulations of the jurisdictions in which we operate. We work closely with relevant authorities to ensure that our platform is not used for illegal financial activities.

Objectives of AML

a. Money Laundering Prevention

The primary objective of our AML policy is to prevent money laundering, a process through which illegally obtained funds are made to appear legitimate.

b. Terrorist Financing Prevention

We are also committed to preventing the use of our platform for financing terrorist activities or organizations.

c. Compliance with Legal and Regulatory Requirements

AML is essential for complying with legal and regulatory requirements in the countries where we operate. By adhering to these requirements, we ensure that our platform remains secure and trustworthy.

d. Protecting Our Community

By preventing money laundering and terrorist financing, we protect the interests and well-being of our user community.

AML Procedures

a. Customer Due Diligence (CDD)

As part of our AML procedures, we conduct Customer Due Diligence (CDD) on all our users. CDD involves verifying the identity of our customers, understanding the nature and purpose of their accounts, and assessing the risk associated with their transactions.

b. Enhanced Due Diligence (EDD)

In certain cases, where a higher level of risk is identified, we may implement Enhanced Due Diligence (EDD) measures. This involves more detailed investigations, including the collection of additional information about the customer and the source of funds.

c. Ongoing Monitoring

We continually monitor our users’ transactions and activities to detect and report any suspicious or unusual patterns. This ongoing monitoring is crucial for detecting and preventing illicit financial activities.

d. Reporting

If we identify any transactions or activities that appear to be related to money laundering or terrorist financing, we are obligated to report them to the relevant authorities in compliance with AML regulations.

AML Data Collection

As part of our AML procedures, we collect various types of information from our users, including:

a. Personal Information

  • Name
  • Date of birth
  • Nationality

b. Contact Information

  • Email address
  • Phone number
  • Residential address

c. Identity Verification

  • Government-issued identification, such as a passport or driver’s license
  • Utility bills or bank statements to verify address

d. Source of Funds

We may request information regarding the source of the funds used in user transactions.

Data Security

We take data security seriously and have implemented various technical and organizational measures to protect your data during the AML process. Your information is handled with the utmost care, and access is limited to authorized personnel bound by strict confidentiality obligations.

User Rights

As a user, you have certain rights in the context of AML:

a. Access

You have the right to access your personal information and the details of the AML process concerning your account.

b. Rectification

If there are inaccuracies in the information provided during the AML process, you have the right to request corrections.

c. Data Portability

You can request the transfer of your AML data to another data controller.

d. Data Retention

We retain AML data for a specific period in compliance with legal and regulatory requirements. After this period, we delete or anonymize the data.

Reporting Suspicious Activity

We are committed to reporting any suspicious activities or transactions in compliance with AML regulations. If we detect any activities that appear to be related to money laundering, terrorist financing, or other illicit financial activities, we will take the necessary actions to report and investigate them.