This AML policy is made to prohibit and actively prevent money laundering and any activity that facilitates money laundering or the funding of terrorist or criminal activities. Company strives to comply with all applicable requirements under the legislations in force in the jurisdictions where Company operates, pursuant to Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing and current FATF and CFATF Recommendations.
AML policies, procedures and internal controls are designed to ensure compliance with all applicable laws, rules, directives and regulations relevant to Company’s operations and will be reviewed and updated on a regular basis to ensure appropriate policies, procedures and internal controls are in place.
The Company will have the following responsibilities:
to avoid any explicit or implicit support of illegal trade and any other illegal operations involving the use of the Website;
to avoid activities involving the use of the Website for any actions which directly or indirectly intervene with procedures aimed at countering money laundering and the legalization of illegal funds;
to grant adequate assistance to the law enforcement agencies in their search and apprehension of financial terrorists engaged in illegal activities which are related to money laundering.
Company will collect certain minimum User identification information from each User who opens an account. Company will not accept to open anonymous accounts or accounts in fictitious names such that the true beneficial owner is not known.The information required will include at least:
date of birth;
first name, last name, middle name (if applicable), referred to as the “User’s Name”.
Company will not allow any User to bet money until check:
whether User’s Name matches with the cardholder name using the Wirecard Enterprise Portal; and
whether the User is a politically exposed person in the meaning of FATF Recommendations (hereinafter - “PEP”) using the third party screening software.
If any of above mentioned checks fails, e.g. User’s Name does not match with the cardholder name, and/or User is a PEP, Jambler will suspend the User’s account and check for compliance sufficient as provided for by the applicable law. If the compliance at any stage fails, Jambler will block the User’s account.
Documents to verify the identity information received will be requested from the User when User engages in transactions equal to or greater than EUR 2,000. Transactions include situations where the transaction is carried out in a single operation or in several operations that appear to be linked and apart from the deposit of money into the account it also includes the collection of winnings, wagering of a stake, including the purchase and exchange of gambling chips or both. The documents required will include at least:
ID (including a photo), or Passport;
Utility Bill not older than 3 months (mobile phone utility bills are not accepted), or Local Tax Bill not older than 3 months, or Bank Account statement not older than 3 months.
All above documentation should be certified as true copies of the originals by a notary or a lawyer.
Company will report any suspicious transactions conducted or attempted by, at or through a Player account involving EUR 2,000 or more of funds (either individually or in the aggregate) where the Company suspects or has reason to suspect:
the User is included on any list of individuals assumed associated with terrorism or on a sanctions list;
the transaction involves funds derived from illegal activity or is intended or conducted in order to hide or disguise funds or assets derived from illegal activity as part of a plan to violate or evade laws or regulations or to avoid any transaction reporting requirement under law or regulation;
the transaction involves the use of the Company to facilitate criminal activity.
Company will keep a secure list of all registered Users, and information and documents will be retained in accordance with the applicable data protection obligations.