Anti-Money Laundering (AML) & Know Your Customer (KYC) Policy

Welcome to ShartbandiOnline.net

This comprehensive document outlines the stringent Anti-Money Laundering (AML) and Know Your Customer (KYC) policies governing the operations of ShartbandiOnline (accessible at shartbandionline.net). Our commitment is to foster maximum trust, ensure the absolute safety of financial transactions, and maintain full compliance with global legal and ethical standards applicable to the iGaming and online financial services industry. We are dedicated to providing a secure and regulated environment for all our users worldwide.

🎯 Purpose & Scope – Mitigation of Financial Crime

The core objective of this policy is to rigorously ensure that our financial services and transactional platforms are not misused for illicit activities, which include, but are not limited to, money laundering, funding of terrorism, fraudulent schemes, or any other unlawful financial conduct. This policy applies comprehensively to all registered users, payment partners, advertisers, and any third-party vendor engaged in financial or transactional activities with the ShartbandiOnline platform. Full compliance is mandatory for continued access to our betting and gaming services.

📜 Legal & Regulatory Foundations – Global Compliance Mandate

Our operational framework is established upon adherence to the most robust global financial and regulatory standards. Our compliance protocols rigorously meet, or exceed, the following international mandates:

European Union Directives: Specifically, the Fourth and Fifth AML Directives (EU Directive 2015/849, as amended) concerning the prevention of the use of the financial system for the purposes of money laundering or terrorist financing.

Information Sharing Regulations: EU Regulation 2015/847 on information accompanying transfers of funds (The Wire Transfer Regulation).

International Sanctions Frameworks: Strict adherence to sanctions and restrictive measures imposed by the United Nations (UN), the European Union (EU), the U.S. Office of Foreign Assets Control (OFAC), and other relevant international bodies.

Jurisdictional Law: Applicable national laws on identity verification, anti-financial crime, and data protection within the jurisdiction of our licensing authority (e.g., Curacao/Antigua).

💡 Definition of Money Laundering – The Three Stages

Money laundering is the systematic process of concealing or disguising the origins of proceeds derived from criminal activity so that they appear to have originated from legitimate sources. Our platform vigilantly monitors all three recognized stages of money laundering:

Placement: Moving illicit cash into the financial system (e.g., small, frequent deposits).

Layering: Disguising the source by creating complex layers of financial transactions (e.g., rapid movement between different accounts/currencies).

Integration: The funds re-enter the legitimate economy (e.g., large withdrawals).

Common prohibited activities include:

Transferring or converting assets derived from criminal conduct.

Concealing the true nature, source, movement, or ownership of assets.

Acquiring, using, or possessing property while aware of its illicit origin.

Assisting or attempting to assist others in any of the above activities.

🛡 Governance & Oversight – Dedicated Compliance Structure

Oversight of this policy and all compliance matters rests with the ShartbandiOnline Compliance Department. A dedicated AML Compliance Officer (AMLCO) holds the executive responsibility for policy implementation, conducting mandatory internal audits, maintaining secure compliance records, and delivering ongoing staff training. All significant policy updates are subject to review and final approval by senior executive management to ensure accuracy, proportionality, and full legal alignment.

✅ KYC Verification Process – Confirming User Identity

This mandatory process is designed to confirm the identity of our users and verify the legitimacy of their source of funds:

Step 1 – Mandatory Basic Identity Verification (Required for Account Activation)

All registered users must provide the following accurate details upon sign-up:

Full legal name, date of birth, and gender.

Residential address and verified contact details (phone, email).

Step 2 – Document Verification (Required for aggregated deposits/withdrawals over $2,000)

If individual or aggregate financial transactions exceed the equivalent of USD 2,000 (or local currency equivalent), we are mandated to request comprehensive documentation, which may include:

Government-issued photo ID (e.g., valid passport, national ID card, or driver’s license).

Liveness/Selfie Verification: A photograph holding the ID document along with a uniquely generated verification code.

Proof of address (utility bill or bank statement). If our automated validation systems fail, additional notarized documents may be requested.

Step 3 – Source of Funds (SoF) Review (Required for aggregated transactions over $5,000)

This enhanced review is triggered when cumulative transactions surpass USD 5,000 (or local currency equivalent). Documentation required to demonstrate the lawful origin of funds may include, but is not limited to: recent tax returns, authenticated payroll slips, business income statements, certified investment statements, inheritance records, or recent bank statements clearly demonstrating lawful fund flows.

🏠 Proof of Address Requirements

To qualify as Proof of Address, documents must be officially issued within the last 3 months and clearly display the customer’s name and residential address. Acceptable documents include:

Utility bills (electricity, gas, water, or landline phone bill).

Official correspondence from a government agency or tax authority.

Recent bank or credit card statements (notarized in some cases).

📊 Risk Classification & Jurisdictional Assessment – Enhanced Due Diligence

Every user and transaction is assigned a risk classification. Controls are tailored based on this assessment:

🔍 Transaction Monitoring – Automated and Manual Screening

We combine advanced automated screening systems with diligent manual review by our Compliance Team to detect irregular or suspicious financial activity. Key indicators of potential risk include:

Unusual deposit/withdrawal or payment patterns relative to the established user profile.

Rapid and extensive movement of funds without a reasonable commercial or gaming rationale.

Multiple accounts tied to the same identity, payment instrument, or IP address.

Geographic/IP anomalies, or persistent use of obfuscation tools (VPNs/Proxies) attempting to bypass geo-restrictions.

Attempted transactions to or from high-risk or sanctioned entities.

📁 Data Retention & Security – Regulatory Mandates

All identity documents, verification logs, and comprehensive transaction histories are stored with military-grade security protocols. We are legally mandated to retain this data for a minimum of 10 years following the termination of the business relationship. Data is secured via encryption in transit and at rest, and access is strictly restricted to authorized compliance and legal personnel. Disclosure occurs only when formally required by applicable international law or a competent regulatory authority.

🎓 Training & Internal Controls – Upholding Standards

All relevant staff members receive mandatory, ongoing training in AML/KYC policies, advanced fraud detection, international sanctions awareness, and stringent data protection protocols. Training modules cover recognizing red flags, immediate regulatory updates, meticulous documentation standards, and confidentiality best practices to ensure zero tolerance for non-compliance.

📢 Reporting Suspicious Activity – Zero Tolerance Policy

Where suspicious behavior or transactions are identified, our protocol is immediate and decisive:

Conduct an internal, documented review by the AMLCO.

File formal Suspicious Activity Reports (SARs) with relevant financial intelligence units (FIUs) as mandated by our licensing jurisdiction.

Immediately restrict, suspend, or permanently terminate associated accounts or relationships, as deemed appropriate by the Compliance Department.

🔐 Data Privacy & Compliance – Global Privacy Standards

We strictly adhere to the principles of the EU’s General Data Protection Regulation (GDPR) and other applicable national privacy regulations worldwide. Personal data is processed lawfully, fairly, and transparently; we do not share personal information with unauthorized third parties without explicit user consent or a lawful regulatory basis. ShartbandiOnline operates as a fully regulated financial and transactional platform providing betting services.

📞 Contact & Support – Compliance Desk

For all inquiries, reports, or documentation related to AML/KYC compliance, please use the following dedicated channels:

Email (Compliance): [email protected]

Phone (Iran): +98 21 2248 1020

Registered Address: No. 12, Unit 3, Golestan Alley, Pasdaran Ave., Tehran, Iran

Business Hours (IRST): Saturday–Wednesday 09:00–18:00 | Thursday 09:00–14:00

Website: https://shartbandionline.net

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