Anti-Money Laundering (AML) Policy

At Fairplay, we are fully committed to conducting our business in accordance with all applicable anti-money laundering (AML) laws and regulations. We uphold the highest standards of integrity and transparency to ensure that our platform is not used to facilitate or conceal illegal financial activity.

This Anti-Money Laundering (AML) Policy outlines the principles, controls, and procedures we have implemented to detect, prevent, and report suspicious activities that may be related to money laundering, terrorist financing, or any other financial crime.

1. What Is Money Laundering?

Money laundering is the process of concealing the origins of illegally obtained funds by passing them through legitimate financial or commercial channels. This may include:

  • Depositing criminal proceeds into legitimate business accounts

  • Converting illicit funds into digital currencies or other assets

  • Layering transactions to hide the source of the money

  • Integrating “cleaned” money into the legal economy

Money laundering is a serious offense globally and is subject to strict legal penalties.

2. Fairplay’s Commitment to AML Compliance

Fairplay strictly prohibits any form of money laundering and is committed to:

  • Preventing the use of our platform for any illegal or fraudulent activity

  • Identifying and reporting suspicious transactions

  • Complying with all local and international AML laws

  • Cooperating fully with financial regulatory and law enforcement authorities

3. User Verification (KYC Policy)

To comply with AML requirements, Fairplay follows a robust Know Your Customer (KYC) policy, which includes:

  • Verifying the identity of all users before allowing deposits or withdrawals

  • Requesting government-issued photo identification (e.g., passport, driver’s license)

  • Requesting proof of address (e.g., utility bill, bank statement not older than 3 months)

  • Verifying payment methods and ownership of bank accounts or cards used

We reserve the right to request additional documentation at any time.

4. Monitoring and Reporting Suspicious Activity

Fairplay uses both automated systems and manual reviews to monitor player activity for red flags, such as:

  • Large or rapid deposits and withdrawals with no gaming activity

  • Use of multiple accounts or identities

  • Attempts to avoid identification requirements

  • Transactions inconsistent with the player’s known profile or gameplay history

  • Unusual behavior related to bonuses, rewards, or cashback

If any suspicious behavior is detected, we may:

  • Freeze or suspend the user’s account

  • Delay or block withdrawals

  • Report the activity to relevant authorities or financial intelligence units (FIUs)

  • Terminate the account permanently

5. Transaction Limits and Controls

To reduce the risk of misuse, Fairplay has established financial transaction thresholds, such as:

  • Daily, weekly, and monthly deposit and withdrawal limits

  • Limits based on user verification status

  • Restrictions on third-party payments or transfers

  • Delays or holds on large transactions pending review

These controls help us prevent money laundering and maintain platform security.

6. Employee Training and Awareness

All Fairplay staff involved in user transactions, compliance, and account management undergo regular AML training. This ensures they can:

  • Identify signs of suspicious activity

  • Understand and enforce our AML policy

  • Know how to escalate reports internally

  • Comply with local and international regulatory frameworks

7. Record Keeping

Fairplay maintains detailed records of:

  • User identity documents and verification data

  • Deposits, withdrawals, and gameplay history

  • Communication with users related to KYC or suspicious activity

  • Reports filed with law enforcement or regulatory bodies

These records are stored securely and retained in compliance with applicable data protection laws.

8. Cooperation with Authorities

We fully cooperate with law enforcement agencies, regulatory authorities, and financial institutions. Upon valid request or legal obligation, Fairplay may:

  • Disclose user account information

  • Share transaction history

  • Assist in investigations or prosecutions

User privacy is respected, but it may be lawfully overridden for security and compliance purposes.

9. Prohibited Actions

Users are strictly prohibited from engaging in any of the following:

  • Using fake or stolen identities to register

  • Depositing or withdrawing funds obtained through criminal means

  • Conducting transactions for third parties without disclosure

  • Structuring deposits to avoid verification thresholds

  • Manipulating betting patterns to simulate gameplay

Violations may result in immediate account termination and legal consequences.

10. Fairplay’s Right to Take Action

Fairplay reserves the right to take any of the following actions if AML violations are suspected:

  • Suspend or permanently block a user account

  • Withhold funds pending investigation

  • Report suspicious activity to authorities

  • Cancel bets, promotions, or bonuses obtained through illegal means

These measures are in place to protect our platform and all our users.

By using Fairplay’s services, you agree to comply with this AML Policy, our Terms and Conditions, and all relevant laws. We are continuously improving our compliance framework to ensure a safe, fair, and transparent gaming environment.