The following is an Appendix to the General Terms and Conditions and sets out the Anti-Money Laundering (AML) & Know Your Customer (KYC) Policy established by Green Champions Leader SRL ("the Company").
The Company is committed to complying with all applicable laws and regulations related to anti-money laundering (AML) and countering the financing of terrorism (CFT). We acknowledge our responsibility to prevent the use of our services for illicit activities and are subject to the supervision of the competent supervisory authority. Our AML/CFT policies and procedures are regularly reviewed and updated.
Customer Identification Program
The Company requires all customers to provide valid identification documents as part of its identity verification procedures. These documents may include government-issued identification, such as a passport or driver's licence, as well as proof of address, such as a recent utility bill or bank statement.
Upon registration, users may be required to complete the account verification process within thirty (30) days. Failure to complete verification within this period may result in the account being restricted, limiting the user's ability to access certain features including deposits, withdrawals or participation in gambling activities.
The Company reserves the right to request verification documents at any time and to restrict or suspend an account until the verification process has been successfully completed.
Verified Account Withdrawal Policy
Withdrawals are exclusively available to verified accounts. Only users who have completed the necessary verification process and have had their accounts successfully verified are eligible to request withdrawals.
Enhanced Due Diligence
The Company may conduct enhanced due diligence (EDD) on certain customers, such as those who are considered high-risk, to ensure that they are not involved in money laundering or terrorist financing activities. EDD may include additional verification procedures, such as site visits or third-party checks.
Ongoing Monitoring
The Company conducts ongoing monitoring of customer accounts and transactions to identify any suspicious activity. This includes monitoring for unusual or large transactions, as well as transactions involving high-risk countries or individuals.
The Company maintains monitoring of all player transactions that exceed 10,000 USD within a 24-hour period. This measure is taken to ensure the integrity of all transactions and to mitigate possible risks or fraudulent behaviour.
Reporting
The Company strictly adheres to all reporting requirements regarding suspicious activities and transactions, including mandatory reporting to relevant regulatory authorities. This ensures that the company operates in accordance with all applicable laws and regulations.
Employee Training
To ensure that all employees are equipped to identify and handle potential suspicious activities, the Company provides regular training sessions on AML and KYC policies and procedures. These sessions educate employees on their responsibilities and keep them updated on any changes or updates to policies.
Record Keeping
The Company maintains all customer identification and transaction records for the required period of time as per applicable laws and regulations.
Compliance Officer
The Company has a designated compliance officer responsible for ensuring that all AML and KYC policies and procedures are implemented and complied with.
Third-Party Obligations
The Company requires all third-party service providers to comply with AML and KYC policies and procedures and to provide relevant information and reports as required by law.
Review and Update
The Company reviews and updates its AML and KYC policies and procedures on a regular basis to ensure they remain effective and up-to-date.