AML and KYC Policy

This AML and KYC Policy outlines the measures and controls implemented by Canada777 to prevent and detect money laundering (ML), terrorist financing (TF), and other financial crimes. It applies to all players, staff, agents, and third-party service providers engaged with our online casino operations.

• Verify the identity of all customers (players) before establishing a business relationship.
• Monitor customer transactions to detect and report suspicious activity.
• Maintain accurate and up-to-date customer information and transaction records.
• Train staff to recognize and handle suspicious activities appropriately.
• Cooperate with regulatory and law enforcement authorities as required.

3.1 Identity Verification Requirements

Before allowing deposits, withdrawals, or gameplay with real funds, players must complete identity verification. Acceptable documents include:

• Identity Proof of Identity: Government-issued photo ID (passport, national ID card, or driver’s license)
• Address Proof of Address: Utility bill or bank statement issued within the last 3 months
• Payment Proof of Payment Method Ownership: Screenshot or statement showing player’s name and payment account details

3.2 Enhanced Due Diligence (EDD)

EDD measures are applied when deposits/withdrawals exceed €2,000 (or equivalent) in aggregate, when a player is from a high-risk jurisdiction, or when suspicious patterns are flagged. EDD procedures include:

• Video call verification with compliance officers
• Source of funds and source of wealth documentation
• Increased frequency and depth of transaction monitoring

All players are risk-rated (Low, Medium, High) based on geographic location, transaction volume & frequency, payment methods used, and behavioral patterns (e.g. multiple accounts, rapid deposit/withdrawal activity).

High-risk accounts are subject to increased transaction monitoring and mandatory additional verification checks.

• Automated systems continuously monitor deposits, withdrawals, and betting activity in real-time.
• Unusual behavior (rapid turnover, minimal gameplay, large deposits with immediate withdrawal requests) is flagged for manual compliance review.
• Accounts under active ML/TF investigation will be suspended immediately pending resolution.

• Staff must immediately report suspicious transactions to the Money Laundering Reporting Officer (MLRO).
• The MLRO will file a Suspicious Activity Report (SAR) with the appropriate Financial Intelligence Unit (FIU) as mandated by law.
• Tipping off is strictly prohibited; players will not be informed that a report has been filed.

All KYC verification documents and transaction records are retained securely for a minimum of 5 years following the termination of the customer relationship. Access to these records is restricted exclusively to authorized compliance personnel.

• Players are screened against global PEP and international sanctions lists (OFAC, EU, UN) during onboarding and periodically thereafter.
• Politically Exposed Persons (PEPs) require senior management approval and mandatory Enhanced Due Diligence.
• No business relationship will be established with sanctioned individuals or entities.

All customer-facing, financial, and compliance staff receive mandatory initial and annual AML/KYC training. Internal audits are conducted annually to assess compliance effectiveness.