Scope and Purpose

4rabet adopts this Anti-Money Laundering (AML) Policy to prevent the use of its platform for money laundering or the financing of terrorism. It applies to all 4rabet players, employees, contractors, agents and any other persons or entities acting on behalf of 4rabet, in all jurisdictions where 4rabet operates, and governs all activities related to customer onboarding, ongoing due diligence, and financial transactions.

Regulatory Framework

4rabet operates under licensing and regulation by the applicable gaming regulator and complies with applicable AML/CFT laws and guidance. The policy implements a risk-based approach to customer due diligence and ongoing monitoring as required by the regulator and recognized international standards. 4rabet reserves the right to suspend or terminate accounts, block transactions, or restrict access where required by law or regulatory obligations.

Definitions

• Customer: any individual or legal entity using 4rabet services.
• Customer Due Diligence (CDD): processes to identify and verify customers and assess risk.
• Enhanced Due Diligence (EDD): heightened checks for higher-risk customers or transactions.
• KYC: Know Your Customer identity verification procedures.
• AML/CFT: policies and controls to detect and prevent money laundering and financing of terrorism.
• Politically Exposed Person (PEP): a person who holds or has held a prominent public function; due diligence applied accordingly.
• Sanctions risk: screening against published sanction lists.
• Regulated Jurisdiction/Restricted Jurisdiction: jurisdictions with significant AML/CFT risk or restrictions; transactions with such jurisdictions are subject to enhanced scrutiny or restrictions.

Customer Due Diligence and Onboarding

4rabet applies a risk-based approach to customer verification. Initial due diligence is performed prior to or at the start of a business relationship. Information collected includes identifying data and evidence of address, source of funds and purpose of the business relationship. Onboarding will trigger KYC on specific events as described below.

Triggering KYC Verification

1. Aggregate deposits accumulated on the account exceeding EUR 2,000 (or the currency equivalent) or any withdrawal request initiates a full KYC review. The user will be notified and placed in a temporary verification status until the review completes.
2. Temporary Approved status: during this period, the user may use the platform but deposits are capped at EUR 500 in aggregate and withdrawals are disallowed.
3. Documentation to be collected (examples): Government-issued photo identification (passport, national ID, or driver's license) with expiry in at least three months; a selfie holding the ID; proof of residence (e.g., bank statement or utility bill not older than three months).
4. If the user deposits via card, 4rabet may request card photos of both sides with the card number obscured and the CVC code hidden; the name must match the account holder.
5. 4rabet may request additional documents demonstrating income, payment method details, or other documents as necessary for AML purposes.
6. Video or telephone verification may be requested.

Ongoing Monitoring and Enhanced Due Diligence

After onboarding, 4rabet continuously monitors activity using a risk-based framework. Periodic reviews are conducted to confirm identity and integrity of funds. Higher-risk customers or transactions trigger Enhanced Due Diligence, including additional identity verification, source of funds checks, and ongoing monitoring of expected activity.

Sanctions Screening and Prohibited Activities

4rabet screens customers and transactions against applicable sanctions and high-risk jurisdictions. Transactions involving prohibited parties or jurisdictions are rejected or blocked, and accounts may be frozen or closed as required by law.

Data Privacy, Record Keeping and Data Retention

Personal data collected under this policy is processed in accordance with 4rabet’s Privacy Policy. Personal data are retained for a minimum of eight years from the end of the business relationship or the last interaction, as required by regulatory retention standards unless a longer period is mandated by law.

Suspicious Activity Reporting and Cooperation

4rabet has a duty to report suspicious or unusual activity to the competent regulatory authority and to cooperate with law enforcement. All employees and agents must promptly report concerns via established internal channels. The company may conduct internal investigations and preserve records as needed.

Governance, Roles and Training

Responsibilities for AML/CFT lie with the Compliance Officer and an AML Team, reporting to the Board or equivalent governance body. The policy requires regular training for staff on identification of suspicious activity, regulatory obligations, and the proper handling of customer information.

Review, Updates and Policy Governance

This policy is reviewed at least annually or in response to material regulatory changes, new products or services, or changes in risk. Amendments become effective on notice or upon approval by the governance body, whichever is sooner.

Contact and Support

For questions about this policy, or to report concerns, contact 4rabet’s compliance team via the official support channels.