Rainbet AML Policy

1. Introduction

rainbet-login.ca is operated by RBGAMING N.V., with its registered office at 120 King Street West, Toronto, Ontario, M5H 1J9, Canada. Company Registration Number: 16077.

Rainbet is committed to preventing money laundering and the financing of terrorism. This Anti-Money Laundering (AML) Policy describes our approach to maintaining compliance with applicable laws and standards, including the EU’s Sixth Anti-Money Laundering Directive (6AMLD), FATF Recommendations, and the General Data Protection Regulation (GDPR).

2. Objective of the Policy

To protect our platform, customers, and financial systems, rainbet-login.ca applies a three-step account verification process together with ongoing transaction monitoring. Our objective is to confirm user identities, ensure that financial activity is legitimate, and reduce risks connected with money laundering.

3. Legal Framework

rainbet-login.ca aligns its AML procedures with:

Directive (EU) 2015/849, as amended by Directive (EU) 2018/843 and Directive (EU) 2018/1673 (6AMLD).
Regulation (EU) 2015/847 on information accompanying transfers of funds.
GDPR (Regulation (EU) 2016/679).
Anjouan AML legislation.
Relevant FATF Recommendations.

4. Definition of Money Laundering

Money laundering includes:

Concealing the source of criminal proceeds.
Converting or transferring illegal assets to hide their origin.
Knowingly acquiring or using property obtained through criminal activity.
Assisting or enabling any of the actions listed above.

Money laundering remains illegal even if the underlying offense takes place in another jurisdiction.

5. Governance Structure

General Management of RBGAMING N.V. carries ultimate responsibility for AML compliance.

An Anti-Money Laundering Compliance Officer (AMLCO) supervises implementation, reporting, and risk assessment procedures.

6. Customer Due Diligence (KYC)

rainbet-login.ca applies identity verification during account creation and in connection with certain transactions.

Required Documents:

Government-issued ID, such as a passport, ID card, or driver’s license, with:

A selfie holding the ID and a handwritten note with 6 randomly generated numbers.
Visible corners of the document.
Only essential fields, including name, DOB, nationality, gender, and photo, unless additional data is required.

Proof of Address:

Verified electronically through two databases. If this check fails, a manual document may be required, such as a utility bill, government letter, or bank statement dated within the last 3 months.

Source of Funds:

May include employment documents, proof of business ownership, inheritance records, or investment documentation.

7. Transaction Monitoring

rainbet-login.ca uses a three-tiered transaction monitoring system:

1. Automated Monitoring: AI-based systems detect irregularities such as:

Repeated deposits and withdrawals without gameplay.
Use of multiple payment methods.
Changes in account behavior or geographic activity.

2. Employee Review:

Trained staff review AI alerts and carry out manual verification where necessary.

3. Manual Audits:

Higher-risk users and suspicious accounts are reviewed manually.

All suspicious transactions are escalated to the AMLCO.

8. Risk-Based Approach (EWRA)

rainbet-login.ca conducts an annual Enterprise-Wide Risk Assessment (EWRA), reviewing:

Products and services offered.
Transaction types.
User profiles and geographies.
Delivery channels and emerging risks.

The AMLCO uses EWRA results to adjust and improve AML policies.

9. Reporting Suspicious Activity

All employees are required to report suspicious activity to the AML team. The AMLCO:

Reviews the report.
Files a Suspicious Activity Report (SAR) with the relevant Financial Intelligence Unit (FIU), if required.
May terminate user accounts based on investigation findings.

10. Record Keeping

In accordance with legal requirements:

KYC documentation is retained for 10 years after account closure.
Transaction records are stored securely, offline and encrypted, for 10 years.

11. Staff Training

rainbet-login.ca ensures:

All employees complete mandatory AML training each year.
New employees receive academic AML instruction adapted to their role.
Training materials are updated according to regulatory changes.

12. Data Protection

rainbet-login.ca complies with the GDPR. User data:

Is stored securely.
Is not shared unless legally required, including for AML investigations.

13. Contact & Complaints

For AML or KYC-related inquiries: Email: [email protected]