AMP Policy
Tez888 Introduction
Tez888 is licensed and regulated by the Governor of Curaçao to offer remote (online) games over the internet, under the Remote Gaming Regulations. The platform is committed to preventing money laundering, terrorist financing, and other criminal activities in accordance with the legal framework.
Objective Of The Policy
Tez888 is fully committed to preventing money laundering and combating the financing of terrorism to mitigate risks such as reputational, legal, and regulatory. The platform aims to stay informed about national and international initiatives to combat money laundering and terrorism financing.
Obligations
- Appoint a designated Money Laundering Reporting Officer (MLRO) responsible for fulfilling legal obligations and reporting suspicious activities.
- Report all instances of suspected money laundering to the MLRO, who will liaise with relevant authorities and maintain appropriate registers.
- Take reasonable steps to verify the identity of users and implement a comprehensive 'Know Your Customer' (KYC) policy.
- Maintain secure records of all registered players and retain identification and transactional documentation as required by regulations.
- Implement systems to record and monitor all transactions, including checks for fraud and unusual betting patterns.
- Keep a register of high-risk or politically exposed customers and conduct enhanced due diligence checks when necessary.
- Provide initial and ongoing training to staff on their responsibilities, procedures for identifying suspicious transactions, and reporting requirements.
- Cooperate with relevant authorities in preventing and detecting criminal activity.
Politically Exposed Person
Tez888 identifies politically exposed persons (PEPs) and their family members or close associates in accordance with European guidelines. PEPs include individuals holding prominent public positions or positions of authority in various sectors.
Forbidden Countries
Tez888 restricts participation from certain countries to comply with legal and regulatory requirements. Restricted countries include the United States, Iran, North Korea, and others deemed high-risk for financial crimes.
For further inquiries or assistance, please contact Tez888 customer support at [email protected].
