Anti-Money Laundering (AML) Policy

This Anti-Money Laundering (AML) Policy sets forth the principles and procedures implemented by Grand Mondial Casino to prevent the use of its online platform for money laundering, terrorist financing, or any other form of financial crime. Grand Mondial Casino is committed to full compliance with all applicable laws and regulations in New Zealand and international standards as required by relevant authorities.

Scope and Purpose

This policy applies to all users of Grand Mondial Casino, including customers, employees, and third-party service providers. Its purpose is to detect, prevent, and report any suspicious activities that may be indicative of money laundering or the financing of terrorism, thereby protecting the integrity of the platform and the financial system.

Legal Framework and Regulatory Compliance

Grand Mondial Casino operates in accordance with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act) of New Zealand, as well as applicable international standards such as those set by the Financial Action Task Force (FATF). The platform adheres to all obligations regarding customer due diligence, record-keeping, transaction monitoring, and reporting of suspicious activities.

Customer Due Diligence (CDD)

All customers are subject to thorough identity verification procedures prior to account activation and prior to conducting any financial transactions. The following steps are required as part of the CDD process:

• Verification of full legal name, date of birth, and residential address through government-issued identification and supporting documents
• Assessment of the source of funds to ensure all deposits and withdrawals are legitimate and consistent with the customer’s profile
• Ongoing monitoring of customer activity to identify changes in behavior or unusual transaction patterns

Enhanced Due Diligence (EDD)

Enhanced Due Diligence measures are applied for higher-risk customers, including but not limited to politically exposed persons (PEPs), customers from high-risk jurisdictions, or those involved in complex or unusually large transactions. Additional documentation and approval processes are required before any such account can be used for transactions.

Transaction Monitoring

Grand Mondial Casino employs automated and manual monitoring systems to review all financial transactions on the platform. These systems are designed to detect suspicious activities, such as:

• Unusually large deposits or withdrawals inconsistent with the customer’s profile
• Frequent or rapid movement of funds between accounts
• Attempts to disguise the source or destination of funds
• Use of multiple accounts by a single customer

Detected suspicious transactions are promptly escalated for further review and may result in the temporary suspension or closure of the account.

Record Keeping

Grand Mondial Casino maintains comprehensive records of customer identification, transaction history, and due diligence activities for a minimum period of five years, as required by law. All records are securely stored and made available to regulatory authorities upon request.

Reporting of Suspicious Activity

Any suspicious activity identified through transaction monitoring or other means is reported to the relevant authorities in accordance with legal requirements. Grand Mondial Casino ensures that all employees are trained to recognize and escalate suspicious activities in a timely and confidential manner. No customer is notified when a suspicious transaction report (STR) is filed.

Employee Training and Awareness

All employees and relevant service providers undergo regular AML training to ensure awareness of current risks, regulatory obligations, and internal procedures. Training covers identification and reporting of suspicious activity, customer due diligence, and the importance of compliance with AML laws.

Risk Assessment and Management

Grand Mondial Casino conducts ongoing risk assessments to identify, evaluate, and mitigate risks associated with money laundering and terrorist financing. The risk-based approach ensures that resources and controls are proportionate to the level of risk presented by different customers, products, services, and delivery channels.

Internal Controls and Auditing

Robust internal controls are in place to ensure compliance with this AML policy. Regular audits are conducted to review the effectiveness of AML procedures and to identify areas for improvement. All findings are reported to senior management and actioned as required.

Customer Obligations and Cooperation

All customers are required to provide accurate and up-to-date information during registration and throughout the business relationship. Failure to comply with identification or verification requests may result in account suspension or closure. Customers are also required to cooperate fully with any investigation into suspicious activity.

Policy Review and Updates

This AML Policy is reviewed regularly and updated as necessary to reflect changes in legislation, regulatory guidance, or operational processes. The latest version of the policy is always available on the Grand Mondial Casino website.

Contact Information

For questions regarding this AML Policy or to report a concern, please contact our compliance department through the official channels provided on the Grand Mondial Casino website.