Anti-Money Laundering (AML) Policy at Ricky Casino

Ricky Casino applies Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures to prevent the misuse of its platform for unlawful financial activity. The purpose of this policy is to establish structured controls for identity verification, transaction monitoring and regulatory reporting in accordance with applicable legal standards. AML compliance forms part of the operational framework governing account registration, payment processing and withdrawal approval.

The platform operates under Curaçao eGaming licence 8048/JAZ and aligns its AML procedures with international standards, including Financial Action Task Force (FATF) recommendations and relevant Australian regulatory principles where applicable. Internal compliance teams oversee the implementation of risk-based monitoring controls and identity verification requirements.

Objectives of the AML Policy

The AML Policy is designed to prevent money laundering, terrorist financing and other forms of financial crime within the Ricky Casino platform. Core objectives include the identification of account holders, verification of funding sources where required, and the detection of irregular transaction patterns.

The policy establishes a risk-based framework for reviewing account activity and applying enhanced due diligence measures when predefined thresholds are exceeded. It also ensures that suspicious activity is documented and reported to competent authorities where legally required.

Operational controls are embedded within the unified wallet infrastructure to maintain transparent tracking of deposits, withdrawals and bonus allocations. These controls are reviewed periodically to align with evolving regulatory standards.

Customer Identification (KYC)

Ricky Casino applies Know Your Customer (KYC) procedures to verify the identity of all account holders. Verification is mandatory before the first withdrawal and may be triggered earlier if account activity exceeds predefined risk indicators.

Standard KYC documentation includes:

• Government-issued photo identification
• Proof of residential address dated within the last 90 days
• Confirmation of payment method ownership where applicable

Accounts remain restricted from withdrawal processing until identity verification is completed. Where enhanced due diligence is required, additional documentation may be requested, including source-of-funds confirmation or banking statements.

Automated identity validation tools and manual compliance review operate in conjunction to confirm authenticity. Any discrepancies between submitted documents and account registration details may result in temporary account suspension pending clarification.

Transaction Monitoring

All financial transactions are monitored through automated risk detection systems integrated within the central wallet architecture. Monitoring logic analyses deposit frequency, transaction size, wagering velocity and withdrawal patterns to identify unusual activity.

Risk indicators may include:

• Multiple high-value deposits within short intervals
• Rapid deposit and withdrawal cycles without normal wagering activity
• Use of multiple payment instruments linked to a single account
• Geolocation inconsistencies or IP irregularities

When activity exceeds predefined risk parameters, the account may be flagged for internal review. During review, withdrawals may be temporarily held until additional verification is completed.

Cryptocurrency transactions are reviewed for blockchain consistency and source analysis where necessary. Bank transfers and card payments are evaluated for transaction pattern irregularities.

Reporting and Record-Keeping

Ricky Casino maintains detailed records of customer identification data, transaction histories and compliance reviews. Documentation is retained in accordance with regulatory record-keeping requirements and internal data retention policies.

Where suspicious activity is identified, internal reports are generated and escalated to the designated compliance officer. If required under applicable law, suspicious transaction reports may be submitted to relevant authorities.

All reports are documented internally, including the nature of the activity, review findings and actions taken. Access to AML documentation is restricted to authorised compliance personnel.

Record retention periods are aligned with regulatory requirements and may extend for a minimum of five years following account closure, subject to applicable legal standards.

Compliance and Cooperation

Ricky Casino operates in accordance with the regulatory framework of its licensing authority and adheres to international AML principles. Compliance procedures are reviewed regularly to reflect changes in legal obligations and risk assessments.

The operator cooperates with law enforcement agencies, financial institutions and regulatory authorities where legally required. Requests for information are processed through designated compliance channels in accordance with data protection regulations.

Employee training programs are conducted periodically to ensure staff awareness of AML obligations, reporting procedures and escalation protocols. Internal audits may be performed to assess adherence to compliance controls.

Restricted jurisdictions are identified based on regulatory sanctions lists and risk classifications. Accounts originating from restricted regions may be denied registration or subject to enhanced review procedures.

Player Responsibilities

Account holders are required to provide accurate and complete information during registration and verification processes. Submission of false, misleading or incomplete documentation may result in account suspension or termination.

Players must use payment methods registered in their own name and may be asked to confirm ownership of funding instruments. Attempts to process transactions through third-party accounts are prohibited.

Ricky Casino reserves the right to request additional verification documentation at any stage of the account lifecycle. Cooperation with verification requests is required to maintain active account status.

Failure to comply with AML and KYC requirements may result in delayed withdrawals, account restrictions or reporting to relevant authorities where applicable.

This AML Policy applies to all services provided by Ricky Casino to account holders in Australia and operates as part of the regulated compliance framework under licence 8048/JAZ. The procedures outlined above support the prevention of financial crime and ensure lawful operation within applicable regulatory standards.