AML Policy

This Anti-Money Laundering (AML) Policy sets out the procedures and controls that Mostbet implements to prevent money laundering, terrorist financing, and other financial crimes. The policy applies to all players, affiliates, and business partners engaging with Mostbet (mostbet.tz) and is mandatory under international and jurisdictional regulations. Mostbet is committed to maintaining the highest standards of compliance and integrity in all financial transactions.

Mostbet operates under a Curaçao eGaming license and adheres to the Financial Action Task Force (FATF) Recommendations on combating money laundering and the financing of terrorism. The operator complies with applicable international standards, including the Fifth and Sixth Anti-Money Laundering Directives (5AMLD/6AMLD) where applicable, and all local regulatory requirements of the jurisdictions in which it operates. This policy is designed to detect and prevent suspicious financial activity and to report such activity to the appropriate Financial Intelligence Unit (FIU) as required by law.

All players must complete Customer Due Diligence procedures before engaging in any gaming activity. CDD is a fundamental control measure to verify the identity and assess the risk profile of each customer. During registration, you are required to provide accurate personal information, including your full name, date of birth, residential address, and contact details. You must also verify your identity by submitting valid documentation, such as a passport or national identity card, and proof of address (utility bill, bank statement, or similar document issued within the last three months). Payment method verification is also mandatory to confirm that the account holder is the legitimate owner of the payment instrument.

Enhanced Due Diligence procedures are applied to customers identified as higher risk. This includes politically exposed persons (PEPs), customers from high-risk jurisdictions, customers conducting large-value transactions, and customers whose transaction patterns suggest elevated risk. When EDD is triggered, you may be required to provide additional documentation, including proof of source of funds, details of beneficial ownership, and further explanation of the purpose and nature of your gaming activity. Mostbet reserves the right to request additional information at any time if suspicious activity is detected or if regulatory requirements change.

Mostbet employs automated transaction monitoring systems to identify patterns consistent with money laundering, terrorist financing, or other financial crimes. These systems analyze deposit amounts, withdrawal patterns, betting behavior, frequency of transactions, and velocity of fund movement. Suspicious indicators include rapid deposits followed by immediate withdrawals, structuring (breaking large sums into smaller deposits to avoid detection thresholds), unusually large transactions inconsistent with the customer's profile, and transactions involving high-risk jurisdictions. All flagged transactions are reviewed by compliance personnel, and appropriate action is taken in accordance with regulatory obligations.

Mostbet screens all customers against international sanctions lists, including those maintained by the United Nations, the European Union, the United States Office of Foreign Assets Control (OFAC), and other relevant authorities. Customers identified as sanctioned individuals or entities are immediately blocked from using the platform. PEP screening is conducted at account opening and on an ongoing basis. If you are identified as a PEP or a close associate of a PEP, enhanced due diligence procedures will be applied, and your account may be subject to enhanced monitoring or suspension pending further review.

Mostbet is obligated to report suspicious activity to the relevant Financial Intelligence Unit in accordance with applicable law. Suspicious Activity Reports (SARs) are filed when there is reasonable suspicion that a transaction or pattern of transactions relates to money laundering, terrorist financing, or other financial crimes. Reports are submitted within the timeframe specified by local regulation and include all relevant transaction details, customer information, and the basis for suspicion. Mostbet does not inform customers of the filing of a SAR, as such disclosure is prohibited by law.

Mostbet maintains comprehensive records of all customer identification documents, verification materials, transaction history, and compliance decisions. All records are retained for a minimum of five years following the end of the customer relationship or the completion of a transaction, whichever is longer. Records are stored securely and are made available to regulatory authorities and auditors upon request. This includes copies of identity documents, proof of address, beneficial ownership information, transaction logs, and all correspondence related to customer due diligence and suspicious activity investigations.

Mostbet has appointed a Money Laundering Reporting Officer (MLRO) responsible for overseeing the implementation and effectiveness of this AML Policy. The MLRO is responsible for reviewing suspicious activity reports, coordinating with compliance teams, liaising with regulatory authorities, and ensuring that all staff members understand their obligations under AML legislation. The MLRO maintains independence from business operations to ensure impartial decision-making. Any concerns regarding potential money laundering or financial crime should be reported to the MLRO through the designated compliance channels.

All Mostbet employees and contractors involved in customer-facing operations, payments processing, or compliance functions receive mandatory training on AML procedures, sanctions screening, and the identification of suspicious activity. Training is conducted at onboarding and refreshed annually or when regulations change. Staff are trained to recognize red flags, understand their reporting obligations, and maintain confidentiality regarding AML investigations. Failure to comply with AML training requirements or to report suspicious activity may result in disciplinary action.

You are responsible for providing accurate, complete, and truthful information during registration and verification. You must declare the source of your funds and ensure that all deposits originate from legitimate sources. You must not use your account for any unlawful purpose, including money laundering, terrorist financing, sanctions evasion, or fraud. You must not attempt to circumvent verification procedures, provide false documentation, or engage in structuring or other deceptive practices. Failure to comply with these obligations may result in account suspension, forfeiture of funds, and referral to law enforcement authorities. By using Mostbet online game, you acknowledge your understanding of and agreement to these AML requirements.

Mostbet reserves the right to suspend or terminate your account immediately if suspicious activity is detected, if you fail to complete due diligence procedures, if you are identified on a sanctions list, or if you breach any provision of this AML Policy. Upon suspension, your account will be frozen, and no deposits or withdrawals will be permitted pending investigation. If an account is terminated due to AML concerns, any remaining funds may be forfeited or held in escrow pending regulatory direction. You will be notified of account suspension or termination, although the specific reasons may be limited due to legal restrictions on disclosure during investigations.

This AML Policy is reviewed regularly to ensure compliance with evolving regulatory requirements and international best practices. Mostbet reserves the right to update this policy at any time. Material changes will be communicated to customers through the platform or via email. Continued use of Mostbet following any policy update constitutes acceptance of the revised terms. For questions regarding this AML Policy or to report suspected money laundering activity, please contact [email protected] or reach out via live chat, available 24/7.