Highway Casino is committed to maintaining the highest standards of integrity and transparency in all aspects of our operations. Our Anti-Money Laundering (AML) Policy outlines the measures and procedures in place to prevent money laundering activities and the illegal flow of funds through our platform.
Our AML Policy adheres to national and international laws and regulations related to anti-money laundering, including the provisions outlined in the Bank Secrecy Act (BSA) and the Financial Action Task Force (FATF) recommendations.
We conduct regular risk assessments to identify and evaluate the potential risks of money laundering associated with our operations. This assessment informs the design and implementation of our AML measures.
Customer Due Diligence
Highway Casino implements a robust Customer Due Diligence process to verify the identity of users and assess the risk associated with their activities. This process includes:
- Identity Verification: Users may be required to submit official identification documents to confirm their identity.
- Ongoing Monitoring: We continuously monitor user transactions and activities to detect any unusual patterns that may indicate potential money laundering.
Enhanced Due Diligence
In certain high-risk situations, we may apply Enhanced Due Diligence measures, which involve additional scrutiny of user accounts and transactions to ensure comprehensive risk assessment.
Reporting Suspicious Activities
Highway Casino has a reporting mechanism in place for employees to report any suspicious activities or transactions. Our staff is trained to recognize red flags and escalate concerns to the designated AML officer.
All employees undergo regular training on AML procedures, the identification of suspicious activities, and the importance of compliance with AML regulations. This ensures that our team remains vigilant and well-informed.
We maintain thorough records of customer transactions and due diligence measures. These records are securely stored and made available to relevant authorities upon request.
Highway Casino screens user information against national and international sanctions lists to ensure compliance with regulatory requirements and to prevent transactions with sanctioned individuals or entities.
Cooperation with Authorities
We actively cooperate with law enforcement agencies and relevant authorities in the investigation and prosecution of money laundering activities. This includes sharing information and providing assistance as required by law.
Updates to AML Policy
Our AML Policy is subject to periodic reviews and updates to reflect changes in regulatory requirements and industry best practices. Users will be informed of any significant changes.
Highway Casino’s AML Policy is a testament to our commitment to combatting money laundering and maintaining the highest standards of integrity. By implementing stringent AML measures, conducting regular risk assessments, and fostering a culture of compliance, we contribute to a secure and trustworthy gaming environment.