Introduction

Spinoloco pledges to uphold utmost standards in adherence to anti-money laundering (AML) and counter-terrorism financing (CTF) rules. This policy articulates our dedication to prevent our platform's utilization for illicit financial transactions.

Objectives

This policy aims to establish a foundation for recognizing and countering money laundering and related unlawful activities on our online casino platform. Our goal is to protect the integrity and reputation of our platform through swift detection and reporting of suspicious actions.

Compliance Oversight

A dedicated Compliance Officer at Spinoloco ensures the effective implementation of AML measures, supervises policy updates according to the latest legal standards, and ensures employee awareness of AML rules.

Customer Verification

Identity Confirmation: We employ stringent customer identification procedures, verifying all users via official credentials such as government-provided IDs and address proofs, using third-party certified systems.

Enhanced Verification (EDD): High-risk customers, especially those involved in significant transactions, undergo thorough vetting, which may entail additional documents, including but not limited to Proof of Funds, and continuous monitoring on a manual basis.

Surveillance & Reporting

Transaction Analysis: Using third-party tools, we actively monitor transactions for irregular or suspicious trends, including large transfers, quick deposits and withdrawals, and multiple currency exchanges.

Suspicion Reporting: We promptly report any suspicious activity to the relevant authorities in compliance with legal mandates. Our team is trained to detect and report such occurrences, with established protocols in place.

Documentation

Detailed records of customer details, financial activities, and any reports of suspicious actions are maintained securely, ready for regulatory scrutiny when needed.

Staff Training

Key personnel, particularly those interacting with customers or managing financial transactions, receive regular updates on AML regulations, techniques to spot dubious actions, and their obligations to report. This training is a bi-annual necessity for pertinent staff.

Cooperation with Officials

Our commitment extends to complete collaboration with legal enforcement units and regulatory bodies during any probe linked to financial misconduct.

Routine Assessment

This policy undergoes regular evaluations, ensuring its relevance and alignment with the latest standards and optimal practices.

Public Awareness

We emphasize informing our customers about our AML guidelines and the steps we adopt to counter illicit financial deeds. The policy is accessible on our website, with customers being informed of any revisions.

Final Thoughts

Through this AML strategy, Spinoloco showcases its commitment to preserving the integrity of its operations and actively opposes money laundering and associated financial malfeasances.