SlotMonster is committed to maintaining the highest standards of anti-money laundering (AML) compliance. This AML Policy outlines our procedures and controls designed to prevent and detect money laundering and terrorist financing activities. By using SlotMonster, you agree to comply with this policy.

Objectives

The primary objectives of our AML Policy are to:

  • Prevent the use of SlotMonster for money laundering and terrorist financing.
  • Ensure compliance with all applicable AML laws and regulations.
  • Protect the integrity and reputation of SlotMonster.

AML Compliance Program

Customer Due Diligence (CDD)

We implement robust customer due diligence measures, including:

  • Verification of Identity: Collecting and verifying the identity of our customers using reliable, independent source documents, data, or information.
  • Ongoing Monitoring: Continuously monitoring customer transactions to identify and report suspicious activity.
  • Enhanced Due Diligence (EDD): Applying additional scrutiny to high-risk customers and transactions.

Record Keeping

We maintain comprehensive records of all customer transactions and identification documents for a minimum period as required by applicable laws. These records include:

  • Customer identification information.
  • Transaction history and details.
  • Reports of suspicious activities.

Reporting Suspicious Activities

We have established procedures for the detection and reporting of suspicious activities. This includes:

  • Internal Reporting: Employees are trained to identify and report any suspicious activity to our AML Compliance Officer.
  • External Reporting: Filing Suspicious Activity Reports (SARs) with the relevant authorities when necessary.

Employee Training

All SlotMonster employees receive regular training on AML laws, regulations, and internal policies. This training includes:

  • Understanding money laundering and terrorist financing risks.
  • Recognizing suspicious activities.
  • Proper procedures for reporting and record-keeping.

Risk Assessment

We conduct regular risk assessments to identify and mitigate potential money laundering and terrorist financing risks. This involves:

  • Evaluating the risk profile of our customers, products, and services.
  • Implementing appropriate controls and measures to manage identified risks.

Responsibilities

AML Compliance Officer

Our designated AML Compliance Officer is responsible for:

  • Overseeing the implementation and maintenance of the AML Policy.
  • Ensuring compliance with all applicable AML laws and regulations.
  • Reporting suspicious activities to the relevant authorities.
  • Conducting regular audits and reviews of our AML program.

Management and Employees

All SlotMonster management and employees are responsible for:

  • Adhering to the AML Policy and procedures.
  • Participating in AML training programs.
  • Reporting any suspicious activities to the AML Compliance Officer.

Policy Review

We regularly review and update our AML Policy to ensure its effectiveness and compliance with evolving legal and regulatory requirements. Any changes to the policy will be communicated to all employees and customers as necessary.