KYC & AML Policy

Strict KYC and AML procedures are applied across the Stake platform to verify account holder identities, eliminate fraudulent activity, and prevent the misuse of the platform for financial crimes. These measures serve a defined set of functions that protect all users and the broader betting ecosystem.

• Maintenance of a fair play environment for all registered users
• Protection of the platform’s financial ecosystem from illegal activity
• Compliance with applicable regulatory requirements and international standards
• Prevention of identity fraud and unauthorised account access
• Safeguarding of user safety and personal data at all times
• Fulfilment of reporting obligations to relevant authorities
• Ensuring transparency in all financial transactions processed on the platform

Every new player registering on the Stake platform is required to complete a mandatory identity check before accessing full account functionality. Document submission must be completed accurately and within the specified timeframes to avoid restrictions on deposits, withdrawals, or active betting.

Accepted documents for ID verification include:

• Government-issued photo identification such as a valid passport, national identity card, or driver’s licence
• Proof of current residential address, such as a recent utility bill or bank statement issued within the last three months
• Verification documents for all payment methods used for deposits and withdrawals, including bank account statements or e-wallet confirmation
• Additional documentation may be requested at any stage of the account review process to satisfy enhanced due diligence requirements
• All submitted documents must be valid, legible, and reflect current personal data

The Stake platform employs a comprehensive set of measures to combat money laundering, terrorist financing, and other prohibited financial activities across all user accounts. These security measures are applied continuously and are subject to regular review in line with evolving regulatory requirements.

• Continuous transaction monitoring to identify irregular or unexplained betting patterns
• Automated systems deployed to flag suspicious activity for immediate review by the compliance team
• Auditing of high-value transfers, large withdrawals, and unusual account behaviour
• Enhanced due diligence applied to accounts displaying elevated risk indicators
• Formal reporting of confirmed or suspected suspicious activity to the relevant regulatory authorities
• Source of funds verification required for accounts involved in significant financial transactions
• Regular internal compliance audits to ensure all AML controls remain effective and up to date

All users of the Stake platform are required to observe strict conduct standards to remain compliant with KYC and AML policies. Violations of these restrictions expose users to immediate disciplinary action and potential reporting to law enforcement authorities.

The following activities are strictly prohibited:

• Registering or operating multiple accounts under the same or different identities
• Submitting forged, altered, or stolen documents during the ID verification or document submission process
• Attempting to launder funds or use the platform to conceal the origins of illegally obtained money
• Exploiting system vulnerabilities or engaging in any form of account manipulation
• Sharing account access, login credentials, or personal data with third parties
• Depositing or withdrawing funds on behalf of another individual without proper authorisation
• Engaging in any activity that constitutes terrorist financing or structuring of transactions to avoid reporting thresholds

Any breach of the platform’s KYC and AML policies results in immediate disciplinary action, with the severity of the response determined by the nature and extent of the violation. Users found to be in breach of these standards will be subject to one or more of the following penalties: temporary account suspension, permanent account deactivation, freezing of funds linked to suspicious activity, forfeiture of balances associated with verified policy violations, voiding of active bets or accumulated winnings obtained through non-compliant conduct, formal reporting of the account holder to the relevant regulatory authorities, and referral to law enforcement agencies where criminal activity is identified.

All users registered on the Stake platform bear direct responsibility for the accuracy and currency of the information held on their accounts. Users must provide truthful personal data at the time of registration and update that information promptly if any details change. The ID verification and document submission process must be completed without delay, as failure to do so may result in restricted account functionality. Full cooperation is required when the compliance team requests additional documentation or clarification as part of an account review. Users are also responsible for monitoring their own accounts and notifying the platform immediately upon identifying any suspicious activity, unauthorised access, or transactions they do not recognise.

The Stake platform maintains a firm commitment to transparency and the principles of fair play across all aspects of its operations. The KYC and AML framework exists to protect the user community, foster trust between the platform and its players, and preserve a safe and lawful betting environment for all participants.

Core principles governing platform conduct include:

• Full adherence to internationally recognised KYC and AML compliance standards
• Strict protection of personal data in accordance with applicable data privacy regulations
• Proactive and ongoing transaction monitoring to detect and address suspicious activity
• Guarantee of equal conditions and account protection standards for all registered users
• Regular review and updating of internal security measures to address emerging risks
• Transparent communication with regulatory authorities and fulfilment of all reporting obligations
• Consistent application of responsible gaming principles alongside financial compliance controls