Aml

Introduction

Rp8 maintains an anti‑money laundering and countering the financing of terrorism (AML/CFT) compliance program to prevent improper use of its platform. This policy governs all Rp8 users and activities on Rp8 platforms and aligns with applicable AML/KYC laws, FATF guidance, and licensing obligations. Rp8 may amend this policy to reflect regulatory changes, with communications to users as required by law.

Governing Law and Regulatory Framework

Rp8 operates under a Curacao gaming license framework and adheres to international AML/CFT standards. The policy incorporates obligations arising from local licensing requirements and FATF recommendations, including risk‑based customer due diligence, ongoing monitoring, and cooperation with competent authorities. The policy is designed to be consistent with data protection laws applicable to Rp8 and with any regulator directives that may apply to Rp8’s operations.

AML and KYC Measures

• Customer Identification and Verification (CDD): Identity verification is mandatory before processing certain financial transactions. On onboarding and for transactions above the specified threshold, Rp8 collects and verifies name, date of birth, nationality, residential address, and government‑issued identity documentation. Verification must be completed prior to approving such transactions, and lack of verification may restrict account activity.
• Enhanced Due Diligence (EDD): High‑risk customers, including politically exposed persons (PEPs) or users from elevated‑risk jurisdictions, undergo enhanced assessment of source of funds and source of wealth.Approval by a senior compliance officer is required before continuing with heightened activities.
• Sanctions and PEP Screening: All clients are screened at onboarding and on an ongoing basis against global sanctions lists and PEP databases. Screening results may trigger additional scrutiny or restrictions.
• Ongoing Monitoring: Rp8 employs automated and manual monitoring of transactions and customer data. Unusual patterns, high‑risk behaviors, or discrepancies prompt investigations and potential escalation.
• Reporting of Unusual Transactions (UTRs): When suspicion arises, Rp8 files reports with the competent authority in accordance with applicable laws and regulatory NORUT-like procedures, maintaining confidentiality provided by law.
• Record Keeping: All relevant data and documents are securely stored for at least eight (8) years and are available to authorities upon lawful request.
• Training and Awareness: Rp8 provides ongoing AML/CTF training to staff, including red flag indicators and escalation procedures.
• Third‑Party Reliance and Oversight: Only authorized, FATF‑compliant third‑party verification providers may be engaged, under contractual controls and audit trails.

Risk‑Based Approach

Rp8 applies a risk‑based framework to allocate resources and controls. The assessment considers customer characteristics, products and services, and transaction patterns. Factors increasing risk include use of third‑party payment instruments, customers from high‑risk jurisdictions, the use of complex or anonymous payment methods, and insufficient evidence of funds provenance. Higher‑risk cases undergo enhanced scrutiny, monitoring, and controls commensurate with risk level.

Client Obligations

• Provide complete and truthful KYC documentation and information when requested by Rp8.
• Disclose the true source of funds and, where necessary, the source of wealth.
• Re‑verify identity or risk level if suspicious activity or regulatory triggers arise.
• Maintain up‑to‑date profile information to prevent interruptions in service.
• Cooperate with Rp8 during investigations and comply with all applicable AML/KYC requirements.

Termination and Freezing of Accounts

Rp8 may terminate, suspend, or freeze any account or activity where verification is not completed, information provided is false or misleading, the customer is listed on sanctions lists or identified as a PEP without adequate risk mitigation, or the customer’s behavior indicates potential AML/TF concerns. Frozen funds may be withheld or blocked in accordance with legal obligations, and may be reported to the relevant authorities where required.

Confidentiality and No‑Tipping‑Off

All information and reports relating to AML/CTF investigations are treated as confidential. Rp8 adheres to applicable privacy laws and regulatory obligations, and reports to authorities are made without tipping off the customer, except as required by law.

Policy Availability

A condensed version of the AML/KYC policy is publicly available. The full policy can be provided upon legitimate request by regulators, licensees, or institutional stakeholders. Requests should be directed to Rp8 Compliance.

Data Retention and Privacy

Rp8 acts as data controller for customer information collected in connection with AML/KYC processes. In line with GDPR and applicable local data protection laws, personal data retained for eight (8) years from the end of the applicable relationship or transaction, whichever is later, unless a longer retention period is required by law. Data subjects may exercise rights to access, rectify, or erase data where permitted by law, subject to statutory restrictions related to anti‑money laundering obligations.

Policy Availability and Contact

For inquiries regarding this policy or to request the full AML/KYC policy, contact Rp8 Compliance at [email protected]. Rp8 will provide responses in a timely manner and in accordance with regulatory requirements.