1win Anti-Money Laundering and KYC Policy
1win operates as a licensed online casino and sportsbook platform, providing gaming and betting services to users in India and internationally. The platform holds a valid operating licence issued by authorised regulatory bodies and maintains full compliance with applicable gaming laws. 1win enforces a strict zero-tolerance policy towards money laundering, terrorist financing, and all forms of financial fraud. The security and integrity of the platform constitute the highest operational priority, ensuring that all financial transactions are monitored, verified, and conducted in accordance with international anti-money laundering (AML) standards and counter-terrorism financing (CTF) regulations.
Fraud Prevention and Financial Security Protocols
1win implements comprehensive fraud prevention protocols designed to protect both the platform and its users from financial crime. At the core of these measures are mandatory Know Your Customer (KYC) procedures, which verify user identity and assess transaction legitimacy before processing withdrawals or significant deposits.
The following financial security measures are actively employed by 1win:
- Identity Verification: All users must complete identity verification by submitting government-issued identification documents, proof of address, and additional documentation as required by regulatory standards.
- Transaction Monitoring: Automated systems continuously monitor all deposits, withdrawals, and gaming activity for unusual patterns, abnormal transaction volumes, or behaviour indicative of money laundering or fraud.
- Source of Funds Verification: Users may be required to provide evidence of the legitimate origin of funds, particularly for high-value transactions or accounts demonstrating irregular deposit patterns.
- Enhanced Due Diligence (EDD): Additional verification measures are applied to high-risk accounts, politically exposed persons (PEPs), and transactions originating from or directed to jurisdictions identified as high-risk for money laundering or terrorist financing.
- Automated Risk Scoring: Each account and transaction is assigned a risk score based on behavioural analysis, geographic location, transaction history, and other risk indicators, triggering manual review when thresholds are exceeded.
- Suspicious Activity Reporting: The platform maintains procedures for identifying, documenting, and reporting suspicious transactions to relevant financial intelligence units and regulatory authorities as mandated by law.
- Compliance Team Oversight: A dedicated compliance team conducts ongoing reviews of user accounts, transaction flows, and platform activity to ensure adherence to AML and CTF obligations and to respond promptly to emerging threats.
These measures form part of 1win’s broader commitment to maintaining a secure, transparent, and legally compliant gaming environment for all users.
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