ShakeBet Anti-Money Laundering (AML) Policy

Elevating Trust, Ensuring Compliance, Protecting the Game

At ShakeBet, integrity is the foundation of our operations. Our Anti-Money Laundering (AML) Policy outlines the safeguards, procedures, and monitoring systems we use to prevent the criminal misuse of our platform.

This policy is designed to protect our players, uphold regulatory standards, and maintain the credibility of the gaming environment. By using ShakeBet, you agree to support and comply with these measures.

Objectives of the AML Policy

ShakeBet’s AML framework is built to:

  • Prevent the use of our platform for money laundering or terrorist financing

  • Comply with all relevant AML laws and regulatory requirements in the EU

  • Safeguard the integrity and reputation of ShakeBet as a secure gaming platform

Core Components of Our AML Compliance Program

1. Customer Due Diligence (CDD)

All players are subject to thorough verification procedures, including:

Identity Verification

  • Verification of customer identity using trusted, independent documentation or data sources at registration and during high-risk events.

Ongoing Monitoring

  • Continuous review of customer activity to detect unusual patterns or transactions.

Enhanced Due Diligence (EDD)

  • Additional verification for higher-risk customers or transactions, based on jurisdiction, activity level, or transaction volume.

2. Record-Keeping

We maintain detailed AML-related records for the period required by law, including:

  • Identity verification documents

  • Transaction logs and payment history

  • Reports of suspicious activity

3. Detection & Reporting of Suspicious Activities

Internal Reporting

  • All staff are required to report potential red flags to the AML Compliance Officer immediately.

External Reporting

  • When necessary, Suspicious Activity Reports (SARs) are submitted to the relevant financial intelligence units in accordance with EU regulations.

4. Employee Training & Awareness

Every ShakeBet employee completes regular AML training, covering:

  • Money laundering risks and methods

  • Recognition of suspicious patterns in player behavior

  • Correct escalation and documentation procedures

5. Risk Assessment & Controls

We proactively assess risks to anticipate and counter new threats:

  • Evaluating customer risk profiles by geography, behavior, and product usage

  • Conducting periodic reviews of our AML systems and controls

  • Adapting policies to reflect regulatory updates or emerging risks

Roles & Responsibilities

AML Compliance Officer
Responsible for:

  • Maintaining and updating AML policies and procedures

  • Ensuring compliance with all regulations

  • Conducting audits and investigations

  • Managing all suspicious activity reports

Management and Employees
All ShakeBet staff are responsible for:

  • Following AML procedures at all times

  • Completing mandatory AML training

  • Reporting any suspicious activities to the Compliance Officer without delay

Policy Review & Updates

ShakeBet’s AML Policy is reviewed regularly to:

  • Incorporate changes in EU and jurisdiction-specific regulations

  • Address evolving money laundering threats

  • Implement improvements identified through audits or compliance reviews

Any updates are communicated promptly to staff and, where applicable, to players.

Our Commitment to Secure Gaming

ShakeBet’s AML Policy is more than a regulatory requirement — it is a proactive defense against illegal activity. Through advanced monitoring systems, expert oversight, and ongoing staff training, we ensure a gaming environment that is transparent, compliant, and trusted.

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