Know Your Customer (KYC) and Anti-Money Laundering (AML) Policy

VegaBro Casino

Last Updated: May 28, 2025

At VegaBro Casino, we strictly adhere to policies against money laundering, terrorist financing, and any other illegal financial activities. In accordance with our internal AML policy and international regulatory standards, we have implemented reliable measures for user verification, transaction monitoring, and reporting suspicious activities to the relevant authorities.

1. Introduction

1.1 Scope and Objectives of the Policy

This policy outlines the procedures and commitments related to customer identification (KYC) and anti-money laundering (AML) and counter-terrorism financing. VegaBro Casino complies with all applicable laws, regulations, and international standards aimed at combating illegal financial activities and protecting the integrity of our operations.

1.2 Commitment to Compliance

We utilize strict internal procedures and verification methods to ensure:

• All funds deposited into player accounts come from legitimate sources.
• We fully comply with all applicable anti-money laundering laws and regulations.
• We promptly report any suspicions related to terrorist financing or money laundering to the relevant authorities.
• In the event of any suspicion, we reserve the right to freeze the relevant funds and take further action in accordance with internal AML policies and legislation.

2. Definition of Money Laundering

Money laundering is the process of concealing or disguising the origin, location, transfer, or ownership of assets obtained illegally. It also includes the transfer, receipt, storage, or use of such assets with the intention of hiding their illegal origin or evading justice. Money laundering activities can occur both domestically and internationally.

3. Our Commitments to KYC and AML

3.1 User Obligations

By registering at VegaBro Casino, you agree to the following terms:

• Legal Compliance: You commit to complying with all applicable laws related to anti-money laundering and terrorist financing, including our internal AML policy.
• Legitimacy of Funds: You confirm that the funds used for gaming are not related to criminal activities and are not intended for financing such activities.
• Information Provision: You agree to provide necessary documents or information upon request to comply with AML and KYC standards.

3.2 Data Collection and Verification

As part of regulatory compliance, VegaBro Casino is required to securely collect and store the following information and documents:

• Initial Identification: We request the minimum data necessary to verify identity, including:
  • Full name
  • Date of birth (for individuals)
  • Residential or registered address
  • Source of funds deposited into the account
• Documentary Verification: To confirm data, you may be required to provide an identification document (passport, national ID, or another official document showing your name and date of birth).
• Ongoing Monitoring: After verification, accounts will be continuously monitored to identify suspicious activity. All transactions will be checked for compliance with AML requirements and sanction laws.

3.3 Information Verification and Reporting

Screening: Personal data and documents will be verified against sanction lists and other relevant international lists.

Transaction Monitoring: All transactions are subject to analysis, especially in high-risk situations. If any suspicion arises, we reserve the right to:

• Refuse or freeze the transaction
• Report suspicious information to governmental or international regulatory bodies without prior notice to the user

4. Internal Controls and Data Storage

4.1 Record Keeping

All identification data, documents, and transaction reports will be securely stored in accordance with applicable standards and VegaBro Casino's internal policies.

4.2 Continuous Verification

Verification is conducted not only at the time of registration but also continuously based on the user's risk level. We reserve the right to request documents again to update information.

4.3 Refusal of Service

If we have reason to believe that a transaction is related to money laundering or any other illegal activity, we reserve the right to refuse to execute the transaction or cancel it in accordance with the law. Users may not be notified of this decision in advance.

5. User Acknowledgment

By creating and using an account at VegaBro Casino, you acknowledge and agree that you are obligated to:

• Provide accurate and complete information during registration and verification.
• Cooperate when requested for additional data or documents.
• Understand that failure to comply with these terms may result in account suspension or closure, as well as other legal actions.

6. Contact Information

If you have any questions regarding this AML/KYC policy or need clarifications, please contact our compliance service:

Email: [email protected]

This policy is provided for informational purposes only and does not constitute legal advice. For professional advice, please consult a qualified professional.