888starz AML Policy | Anti-Money Laundering Rules

The bookmaker 888starz implements all appropriate measures to combat money laundering and international terrorism (the anti-money laundering policy). The company therefore takes a firm stance on preventing all kinds of illegal activity. To meet these obligations, the company undertakes to inform the competent authorities where there is reason to suspect that funds a user has deposited into their account relate to illegal activity or terrorist financing. The company also undertakes to block such funds and to take the measures set out in the rules of the anti-money laundering policy.

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Money laundering means:

  • concealing or keeping secret information relating to the true source, location, disposal, movement, ownership or other property rights in property obtained as a result of illegal activity,
  • converting, transferring, moving, acquiring, possessing or using property obtained as a result of criminal activity for the purpose of concealing the unlawful source of that property or helping those involved in the crime to avoid the legal consequences of their actions,
  • the case where property is obtained as a result of criminal activity committed on the territory of another state.

In order to prevent criminal capital from entering the state economy, many countries fight money laundering and terrorist financing.
The company applies laws, internal regulations and special measures to assist international organisations in combating money laundering and terrorist financing worldwide.
When opening an account, you agree to undertake the following obligations:

  • You agree to comply with all applicable laws and regulations on combating money laundering and terrorist financing, including the anti-money laundering and counter-terrorist financing policy.
  • You agree that you have no information or any suspicion that the funds used to deposit money at 888Starz in the past, present or future were received from any illegal source, or have any connection with legitimising income obtained unlawfully, or any other illegal activity prohibited under applicable law or the instructions of any international organisation;
  • You agree to provide promptly any information we consider appropriate to request in accordance with applicable laws and regulatory requirements relating to combating the legitimisation of unlawfully obtained funds.

The company collects and retains the user’s passport or other identity document, and reports all changes made to the account;
The company monitors any suspicious activity on the user’s account, as well as transactions carried out in special circumstances;
The company has the right to block a user at any time if it has grounds to assume that a transaction has any connection with money laundering or criminal activity. Under international law, the company is not obliged to inform the user about their suspicious activity or to notify them that it has been passed to the competent authorities.
In accordance with internal anti-money laundering procedures, the company carries out KYC verification at 888Starz initial and ongoing personal checks according to each user’s risk level.

  • The company will ask you to provide the minimum information needed to confirm your identity.
  • The company will record and retain all personal data and identity details, along with the confirmation methods used and the results of the verification procedures.
  • The company will check your personal details against the list of persons suspected of involvement in terrorism, compiled by authorised government and independent bodies. The minimum set of identifying data includes: the user’s full name; date of birth (for individuals); the user’s residential or registered address;
  • the sources of the funds you plan to deposit into the account.

To verify and confirm the accuracy of the data above, the company may request the following documents

  • A passport or identity card, or any other equivalent document meeting the following requirements: it contains the name, date of birth and a photograph of the document holder
  • issued by national public authorities, or a recently obtained receipt for payment of utility bills (no more than 3 months old) or other documents confirming the user’s address.

The company may also request other additional information, supported by the relevant documents. In some cases the company may also request notarised copies of documents from the user.