Mostbet’s Commitment to Anti-Money Laundering (AML)
Mostbet adheres to the highest standards in combating money laundering and terrorism financing, following our Anti-Money Laundering (AML) policy. We take strong actions to prevent any illegal activities and are required to report to authorities if there is any suspicion that deposited funds are linked to unlawful activities or terrorism financing. In such cases, we will freeze the funds and follow the necessary actions as outlined by the AML policy.
What Constitutes Money Laundering?
- Concealing the origin, location, or ownership of assets acquired through illegal means.
- Converting or transferring assets from criminal activity to conceal their illicit origins or to assist offenders in evading legal consequences.
- Participating in transactions with assets from criminal activity occurring in another country.
To prevent the influx of criminal funds into the economy, various nations have enacted laws and measures against money laundering and terrorism financing.
Mostbet implements robust internal policies and practices, alongside specialized measures, to support the global fight against money laundering and terrorism financing.
By opening an account with Mostbet, you agree to:
- Comply with all applicable laws and regulations related to anti-money laundering and counter-terrorism financing, including our AML policy.
- Confirm that, to the best of your knowledge, the funds you deposit are not derived from illegal sources or linked to criminal activity.
- Provide any necessary information that Mostbet may require in accordance with legal and regulatory standards for preventing money laundering.
Mostbet’s Measures to Combat Money Laundering:
- Collecting and maintaining identification documents such as passports or ID cards and monitoring account changes.
- Monitoring suspicious activities on accounts and transactions under special conditions.
- Suspending accounts if there are reasonable grounds to believe they are involved in money laundering or criminal activities, without prior notification to the user or disclosure to authorities.
Mostbet applies a risk-based approach to verify user identities at both the initial stage and during ongoing monitoring as per the AML procedure.
- We will ask for minimal information to confirm your identity.
- All information, verification methods, and results will be logged and maintained for record-keeping.
- Your personal details will be cross-checked with lists of individuals suspected of terrorism or other crimes, compiled by recognized authorities.
Verification Documents Required:
- A government-issued passport or identification card containing your full name, date of birth, and photograph.
- A recent utility bill or other official documents proving your address (within the last 3 months).
Additional documents or notarized copies may be requested as needed for verification purposes.