AML Policy

Definition of Money Laundering

For the basic and valid rules of AML Policy, there are prohibited actions on Aussie Play, which every potential and already registered user should know. While using our service, money laundering is unacceptable and constitutes a material breach. Among prohibited actions:

• The conversion or transfer of property, especially money, if such property is known to be derived from criminal activities or participation in such activities, in order to conceal the illegal origin of the property or to assist any person involved in such activities to evade legal consequences.
• The concealment of the true nature, source, location, disposition, movement, and rights in respect of property or ownership of it, knowing that such property is obtained as a result of criminal activity or as a result of participation in such activity.
• The acquisition, possession, or use of property, knowing at the time of receipt that such property was obtained as a result of criminal activity or as a result of assisting in such activity.
• Participating, compliciting, attempting to commit and aiding, abetting, facilitating, and advising in the commission of the acts mentioned in the points above.

It should be kept in mind that money laundering is considered to be as such even if the activity resulting in the acquisition of the property being laundered was carried out in the territory of another Member State or in the territory of a third country.

Organization of AML Policy

In accordance with anti-money laundering legislation, Aussie Play Casino prevents money laundering at the highest level. The full management of Wonder Play Company N.V. is in charge of committing AML service. In addition, AMLCO (Anti-Money Laundering Compliance Officer) is responsible for enforcing the AML policies and procedures in the gambling service. Any material change to the AML Policy is subject to the approval of the general management of Wonder Play Company N.V. and the Anti-Money Laundering Compliance Officer.

Account Verification

The main aim of going through three-step identity verification is to prove that the user’s personal data provided while registering are valid, and the payment methods used on the service for deposits and withdrawals are not stolen or used by someone else. It is a clear and innocuous procedure which is done in three steps:

• The first step of verification must be completed by each user of the service in order to withdraw funds. Regardless of the payment method or withdrawal amount, and the user’s nationality, this step must be performed first. For this, the user must fill in the following personal data: first name, last name, date of birth, country of residence, gender, and full address.
• The second step of verification must be completed by each user who deposits more than $2,000 (two thousand US dollars) or withdraws more than $2,000 (two thousand US dollars) or sends another user more than $1,000 (one thousand US dollars). Until this step verification is completed, any transactions will not be proceeded. To verify, the user must submit his ID by making and sending its photo with a paperclip with a six-digit randomly generated number next to the ID. Only a valid ID can be used to verify the user’s identity. Also, the electronic verification of the correctness of the personal data from the first step of verification will also be carried out. If it fails or is not possible, the user must send proof of his current place of residence. A state registration certificate or similar document is required.
• The third step of verification must be completed by each user who deposits more than $5,000 (five thousand US dollars), withdraws more than $5,000 (five thousand US dollars), or sends another user more than $3,000 (three thousand US dollars). Until the verification in the third step is completed, deposits and withdrawals will not be processed. In this step, the user will be asked to indicate the source of wealth.

To complete customer identification and verification while going through KYC procedure, the user must provide:

• Identity proof documents in color: ID, passport, driver’s license;
• Both sides of the credit/debit card used to make the deposit in color. We only need the first 6 and last 4 digits of the credit card number. CVV and intermediate digits of the card number can be hidden;
• Proof of address: utility, medical or delivery bill or any official document with full name, address, and date within the last 2 months;
• Account verification containing a link to credit card verification and bank verification).

Account Verification

The main aim of going through three-step identity verification is to prove that the user’s personal data provided while registering are valid, and the payment methods used on the service for deposits and withdrawals are not stolen or used by someone else. It is a clear and innocuous procedure which is done in three steps:

• The first step of verification must be completed by each user of the service in order to withdraw funds. Regardless of the payment method or withdrawal amount, and the user’s nationality, this step must be performed first. For this, the user must fill in the following personal data: first name, last name, date of birth, country of residence, gender, and full address.
• The second step of verification must be completed by each user who deposits more than $2,000 (two thousand US dollars) or withdraws more than $2,000 (two thousand US dollars) or sends another user more than $1,000 (one thousand US dollars). Until this step verification is completed, any transactions will not be proceeded. To verify, the user must submit his ID by making and sending its photo with a paperclip with a six-digit randomly generated number next to the ID. Only a valid ID can be used to verify the user’s identity. Also, the electronic verification of the correctness of the personal data from the first step of verification will also be carried out. If it fails or is not possible, the user must send proof of his current place of residence. A state registration certificate or similar document is required.
• The third step of verification must be completed by each user who deposits more than $5,000 (five thousand US dollars), withdraws more than $5,000 (five thousand US dollars), or sends another user more than $3,000 (three thousand US dollars). Until the verification in the third step is completed, deposits and withdrawals will not be processed. In this step, the user will be asked to indicate the source of wealth.

To complete customer identification and verification while going through KYC procedure, the user must provide:

• Identity proof documents in color: ID, passport, driver’s license;
• Both sides of the credit/debit card used to make the deposit in color. We only need the first 6 and last 4 digits of the credit card number. CVV and intermediate digits of the card number can be hidden;
• Proof of address: utility, medical or delivery bill or any official document with full name, address, and date within the last 2 months;
• Account verification containing a link to credit card verification and bank verification).

Verification of Source of Funds

If a user deposits more than five thousand US dollars, the process of clarifying the source of wealth (SOW) occurs, among which are:

• Business Ownership;
• Employment;
• Inheritance;
• Investments;
• Family.

It is imperative that the origin and legitimacy of the wealth is clearly figured out. If this is not possible, we may request an additional document or proof.

We also require a bank transfer or credit card proof for additional assurance of the identity of the user. It also gives additional information about the financial situation of the user.

Management of Risks

To cope with different risks and different states of wealth in different regions, we divide each country into three different regions of risk:

• Low risk region: for each country in this region, a three-step verification is performed as described earlier.
• Medium risk region: for each country from this region, a three-step verification will be performed with lower deposit and withdrawal amounts. The first step will be done as usual. The second step will be completed after depositing $1,000 (one thousand US dollars), withdrawing $1,000 (one thousand US dollars), or tipping $500 (five hundred US dollars). The third step will be completed after depositing $2,500 (two thousand five hundred US dollars). USD), withdrawing $2,500 (two thousand five hundred USD), or tipping $1,000 (one thousand USD). In addition, users from a low risk region who exchange cryptocurrencies for any other currency will be treated as users from a medium risk region.
• High risk regions will be banned and regularly updated to keep up with the changing environment.

Additionally, the AML Compliance Officer will look for any unusual behavior and immediately report it to the Aussie Play officer, such as:

• Deposits and withdrawals without longer betting sessions;
• Attempts to use another bank account for deposits and withdrawals;
• Nationality, currency, behavior and activity changes, and checking if the account is being used by the original owner.

Also, the user must use the same withdrawal method as for the deposit in order to prevent money laundering.

Enterprise Wide Risk Assessment

As part of AML Policy, we provide an Anti-Money Laundering Enterprise Risk Assessment (EWRA) to identify and understand the risks. The AML risk policy is determined after identifying and documenting the risks inherent in its lines of business, such as the services offered by Aussie Play Casino. The definition of AML risk categories is based on the understanding of regulatory requirements and expectations, and industry guidelines. So, permanent monitoring of transactions provides identification of unusual or suspicious transactions, and is carried out at three levels:

• The first line of control prevents the vast majority of suspicious deposits as we work exclusively with trusted payment service providers, while the second line of control.
• The second line of control requests in relation to means of payment or services to perform financial transactions on the account.
• The third line of control manually checks on all suspicious and higher risk users in order to fully prevent money laundering.

If fraud or money laundering is detected, the authorities will be informed.