1. Introduction
Megapari is committed to the highest standards of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) compliance. We recognize that the online gambling industry can be targeted by individuals seeking to launder illicit funds, and we take our responsibility to prevent such activities extremely seriously.
This AML Policy sets out the measures, controls, and procedures that Megapari employs to detect, prevent, and report money laundering and terrorist financing activities. Our policy is fully compliant with applicable laws and regulations, including the guidelines issued under our Curacao eGaming License #8048/JAZ-B.
All employees of Megapari are trained on AML and CTF obligations and are required to adhere strictly to this policy. Failure to comply with these procedures may result in disciplinary action and reporting to the relevant authorities. We review and update this policy regularly to ensure continued effectiveness against evolving threats.
2. KYC Procedures
Know Your Customer (KYC) procedures are central to our AML compliance framework. Before processing withdrawals or when transactions exceed specified thresholds, Megapari requires customers to verify their identity by providing valid government-issued photo identification (passport, national ID card, or driver's license), proof of address dated within the last 3 months (utility bill or bank statement), and source of funds documentation where applicable.
Enhanced Due Diligence (EDD) is applied to high-risk customers, including Politically Exposed Persons (PEPs) and customers transacting at elevated levels. EDD may require additional documentation such as source of wealth declarations, employment verification, or tax returns. Customers identified as PEPs are subject to ongoing enhanced monitoring for the duration of their relationship with Megapari.
KYC verification is completed by our dedicated compliance team, which uses automated identity verification tools supplemented by manual review for complex cases. All submitted documents are handled securely and in accordance with our Privacy Policy. Accounts that fail to complete verification within the required timeframe will be suspended until compliance is achieved.
3. Suspicious Activity Reporting
Megapari maintains robust systems for identifying and reporting suspicious activity. Our transaction monitoring software analyzes player behavior in real time, flagging patterns that may indicate money laundering, including: unusual deposit and withdrawal patterns, rapid cycling of funds through the platform, depositing funds without engaging in meaningful gambling activity, and attempting to use multiple payment methods without clear justification.
When suspicious activity is identified, our compliance team conducts an internal investigation. Where reasonable grounds for suspicion exist, a Suspicious Activity Report (SAR) is filed with the relevant Financial Intelligence Unit (FIU) in accordance with applicable legal requirements. All SAR filings are treated as strictly confidential, and customers are never notified that a report has been made ("tipping off" is prohibited by law).
Employees who identify potential suspicious activity are required to report it immediately to the Compliance Officer using our internal reporting procedures. We maintain a zero-tolerance policy toward money laundering, and any employee found to have facilitated or concealed such activity will face immediate disciplinary action and referral to law enforcement.
4. Prohibited Activities
The following activities are strictly prohibited on mega-pari.guru: using the platform to launder proceeds of crime, providing false or misleading information during registration or KYC, using accounts or payment methods belonging to third parties, structuring transactions to avoid reporting thresholds, funding accounts from sources linked to illegal activity, and any form of collusion or fraud.
Megapari reserves the right to immediately freeze accounts and withhold funds pending investigation where prohibited activities are suspected. Confirmed cases of money laundering or fraud will result in permanent account closure, forfeiture of all funds, and mandatory reporting to law enforcement agencies and regulatory bodies.
We do not accept cash payments under any circumstances. All deposits and withdrawals must be made through approved payment methods that provide a clear audit trail. The use of cryptocurrency is permitted subject to enhanced monitoring and wallet verification procedures to ensure funds originate from legitimate sources.
5. Compliance Officer
Megapari has appointed a dedicated Money Laundering Reporting Officer (MLRO) who is responsible for overseeing our AML and CTF compliance program. The MLRO is the central point of contact for all AML-related matters, including receiving internal suspicious activity reports, filing external reports with authorities, and maintaining dialogue with regulators.
The MLRO conducts regular reviews of our AML controls, risk assessments, and training programs to ensure they remain fit for purpose. The MLRO reports directly to senior management and has the authority to take immediate action, including account suspension and fund freezing, when circumstances require it.
For AML-related inquiries, concerns, or to report suspicious activity, you may contact our compliance department at [email protected]. All communications regarding compliance matters are treated with strict confidentiality.
6. Record Keeping
Megapari maintains comprehensive records of all customer transactions, KYC documentation, and AML-related investigations in accordance with legal requirements. Transaction records are retained for a minimum of 5 years from the date of the transaction. Customer identification documents and due diligence records are retained for a minimum of 5 years following the end of the customer relationship.
All records are stored securely with appropriate access controls to prevent unauthorized disclosure. Our record-keeping systems are designed to allow prompt retrieval of information in response to regulatory inquiries or law enforcement requests. Regular audits are conducted to ensure the integrity and completeness of our records.
In the event of a regulatory examination or law enforcement investigation, Megapari will cooperate fully and provide all requested records and information in a timely manner. We are committed to full transparency with regulators and law enforcement agencies in all matters relating to AML and CTF compliance.
