Anti-money Laundering

Scope and Objectives

Ffbet's Anti-Money Laundering (AML) policy establishes the mandatory framework for customer due diligence, ongoing monitoring, and reporting across all products and services. The policy applies to every customer, all geographies in which Ffbet operates, and all payment methods used to fund accounts or receive winnings.

Legal Framework and Governance

Ffbet maintains an AML program in compliance with applicable anti-money laundering and counter-terrorist financing laws. The program includes risk-based customer due diligence, ongoing transaction monitoring, record-keeping, internal controls, and governance by the Compliance function. An appointed AML Compliance Officer oversees day-to-day compliance and periodic reviews of the program.

Customer Due Diligence (CDD) and KYC

Upon onboarding, Ffbet conducts risk-based customer due diligence to verify identity and assess money-laundering risk. The customer profile is reviewed periodically, with heightened checks for elevated risk. CDD outcomes determine subsequent due diligence requirements and monitoring intensity.

Identity Verification and Documentation

To participate, customers must provide verifiable identification. Acceptable documents include government-issued photographic identification and proof of address. Documents must be current, legible, and issued within the last six months. Where a payment method is used to fund an account, verification of ownership of the payment source may be required.

• Government-issued photo ID (e.g., Passport or national identity document)
• Proof of address (utility bill or bank statement) issued within the last six months
• Documentation to establish ownership of payment methods used for deposits

Age Verification and Eligibility

Participation in Ffbet is restricted to individuals aged 18 years or older. Age verification may occur at registration or prior to any withdrawal. If an individual is found to be underage, deposits and winnings may be voided and the account may be closed in accordance with applicable laws and internal policies.

Ongoing Monitoring and Enhanced Due Diligence

Ffbet conducts ongoing monitoring of account activity to detect suspicious or unusual patterns. Based on risk assessment, customers or transactions classified as high risk trigger Enhanced Due Diligence (EDD), including additional identity checks, source of funds verification, and periodic activity reviews. All suspected illicit activity is reported in accordance with applicable laws and to the appropriate authorities where required.

Source of Funds and Payment Verification

We assess the source of funds for deposits and ensure that the payment method name matches the customer’s registered details. If discrepancies arise, funds may be blocked and payment services may be suspended pending verification. Ongoing reconciliation support ensures funds originate from legitimate and traceable sources.

Records, Data Retention, and Privacy

Ffbet retains AML-related data, including identity documents, transaction records, and due diligence (CDD/EDD) notes, in accordance with applicable data protection laws. Personal data may be retained for eight years where required by law or to fulfill AML obligations. Data processing is conducted under the authority of the data controller and in accordance with our Privacy Notice, with access restricted to authorized personnel and disclosed only as required by law or regulation.

Suspicious Activity Reporting and Cooperation

Ffbet maintains procedures for detecting and reporting suspicious activity. The company cooperates with competent authorities and regulatory bodies in investigations and provides information in a timely and compliant manner as mandated by law.

Customer Rights and Responsibilities

Customers must provide accurate information, promptly update details as they change, and comply with verified information requests. Non-compliance may result in restrictions on account activity, temporary suspension, or termination of the relationship, in alignment with applicable laws and internal AML policies.

Contact and Support

For AML-related inquiries or to report suspicious activity, customers may use the standard support channels provided by Ffbet. All requests and reports will be treated confidentially and processed in accordance with applicable laws and our Privacy Policy.