Anti-money Laundering and KYC Policy
Nova88 is dedicated to maintaining the highest standards of security and compliance to combat money laundering and terrorist financing.
Our Commitment
Nova88 (the “Company”) is committed to combating any potential abuse of its services for the purpose of money laundering (ml) and terrorist financing (tf). We strictly comply with relevant aml/cft legislations and regulatory guidelines.
Risk-based AML Program
The company adopts a risk-based approach to identify and monitor potential risks. We ensure that our business is conducted in conformity with best industry practices and standards. Our staff is regularly trained to remain informed of the latest aml/cft regulations and detection techniques.
Know Your Customer (KYC) Procedures
To prevent the use of anonymous accounts or fictitious names, the company has established effective procedures for verifying the true identity of every player. This process includes:
- Collection of personal information including full name, birth date, and address.
- Validation of the authenticity of identification documents provided.
- Continuous monitoring of gaming activities and transaction patterns.
- Enhanced due diligence (edd) for accounts classified as high-risk.
Suspicious Activity Reporting
If the Company Nova88 suspects or has reasonable grounds to believe that funds are linked to money laundering or illegal activities, we will promptly report such suspicions to the relevant regulatory agencies. We reserve the right to suspend or terminate accounts that fail to provide requested identification documents.
Securing Your Information
All player data collected during the kyc process is encrypted and stored securely. We use reliable and independent sources to verify information, ensuring that nova88 remains a safe platform for all legitimate players.
