MUCHGAMING B.V. is aware that offering services related to online gaming pose a risk for money laundering and terrorist financing. With the aim of identifying, preventing and limiting the risks of money laundering and terrorist financing. MUCHGAMING B.V. implemented measures, processes and internal controls into its daily business operations, which take into account the nature of the MUCHGAMING B.V. ’s clients and services carried out by MUCHGAMING B.V. With these measures, processes and internal controls in place MUCHGAMING B.V. meets all legal requirements related to measures preventing money laundering and terrorist financing, as required by applicable Curacao legislation.
MUCHGAMING B.V. has prepared AML Policy regarding the prevention of money laundering in order to prove its commitment for detection, prevention and reporting to national authorities of all attempts of using MUCHGAMING B.V. ’s services for any kind of transaction which would meet the statutory definition of money laundering and / or terrorist financing, or which presents any other form of illegal financial transactions.
AML Policy contains the minimum standards which are met by MUCHGAMING B.V. throughout business operations. Policy is modified and upgraded in accordance with changing legislation and good practice in the industry.
MUCHGAMING B.V. falls within the scope of the AML obligations according to Curacao legislation. Therefore, the senior management have implemented systems and procedures that meet the standards set forth by relevant AML legislation in Curacao. This also reflects the senior management’s desire to using MUCHGAMING B.V. ’s services for money laundering or other illegal transactions.