KYC and AML
We take all necessary and appropriate measures to prevent money laundering and combat the financing of terrorism, in full accordance with our Anti-Money Laundering (AML) Policy. Our commitment to maintaining the integrity of our platform includes a firm stance against any form of illegal activity and full compliance with all applicable regulations.
As part of these obligations, we are legally required to report any reasonable suspicion that funds deposited by a user may be linked to money laundering or terrorism financing to the relevant authorities. In such cases, we reserve the right to freeze the user’s funds and implement other procedures as outlined in our AML policy.
Definition of Money Laundering
Money laundering refers to any of the following acts:
- The concealment or deliberate withholding of information regarding the true origin, ownership, location, movement, disposition, or rights related to property obtained through criminal means (or property exchanged for such illicit assets);
- The conversion, transfer, acquisition, possession, or use of criminally derived property, aimed at hiding its illegal origin or helping individuals involved in criminal activity evade legal consequences;
- The possession of assets gained from criminal activities committed in another country.
To safeguard the financial system and prevent the spread of organized crime and terrorism, governments around the world are actively combating money laundering and terrorism financing. In support of these global efforts, we implement strict internal procedures and dedicated control programs aligned with both national and international regulatory standards.
Your Responsibilities as a Registered User
By registering an account on 1win platform, you agree to the following commitments:
- You affirm that you will comply with all applicable anti-money laundering and counter-terrorist financing laws and regulations, including our AML Policy;
- You confirm that you are not aware of any connection between the funds used in your account (past, present, or future) and any illegal activities or sources;
- You agree to promptly provide any information or documentation we may request in order to comply with applicable anti-money laundering laws and regulatory requirements.
We collect and retain copies of your identification documents as well as records of all transactions associated with your account. We may actively monitor transactions for unusual or suspicious patterns or conditions.
We also reserve the right to decline or cancel any transaction at any point if we suspect it may be associated with illegal or unethical activity, including money laundering. In compliance with international legal frameworks, we are not obligated to notify you if we suspect your activity is illicit or if we have reported it to the authorities.
User Verification and Identity Checks
According to our internal AML procedures, we may conduct both initial and ongoing identity verification of users, based on their risk profile. This process will involve collecting only the minimum required data to confirm your identity.
We will document and securely store your identity verification data, including the methods used and the results of our checks. We will also screen your identity against databases of individuals suspected of involvement in terrorism or other criminal activities, as provided by authorized government and third-party agencies.
Minimum Information Required for Identity Verification
- Full name of the user;
- Date of birth (for individuals);
- Residential or registered address;
- Source of funds used to deposit into your account.
To verify the authenticity of this information, we may require you to provide the following documents:
- A valid passport, national identity card, or other equivalent official document, which must:
- Clearly show your full name, date of birth, and a photograph;
- Be issued by a recognized governmental authority.
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