Anti-Money Laundering (AML) Policy
Aphrodite Casino is committed to maintaining the highest standards of integrity, transparency, and security in all operations. As an online gaming platform licensed to operate within the United Kingdom, Aphrodite Casino strictly adheres to all applicable Anti-Money Laundering (AML) laws and regulatory requirements. This AML policy outlines the obligations and procedures implemented to detect, prevent, and report any activities related to money laundering or the financing of terrorism. The policy is designed in accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the Proceeds of Crime Act 2002, and the guidance provided by the UK Gambling Commission.
1. Compliance and Governance
Aphrodite Casino has established an AML Compliance Programme led by a designated Money Laundering Reporting Officer (MLRO) responsible for the oversight and enforcement of internal controls. The MLRO ensures all AML procedures are consistently applied and regularly reviewed to address emerging risks and regulatory updates. The MLRO acts as the primary point of contact for law enforcement and regulatory authorities for all matters related to money laundering and financial crime.
2. Customer Due Diligence (CDD)
Aphrodite Casino requires all customers to undergo thorough identification and verification measures prior to account activation and the processing of any financial transactions. Customer Due Diligence is conducted in accordance with legal and regulatory standards, and includes verifying the customer's identity, age, residential address, and source of funds. Enhanced Due Diligence (EDD) is required for higher-risk customers, including those making significant deposits or withdrawals, or where suspicious activity is detected.
- Verification of government-issued identification documents (e.g., passport, national ID, or driving licence)
- Proof of residential address (e.g., recent utility bill or bank statement)
- Assessment of source of funds when warranted
Failure to provide the necessary documentation or satisfactory explanations may result in account suspension, transaction delays, or refusal to establish a business relationship.
3. Ongoing Monitoring
Aphrodite Casino continuously monitors customer activity to identify patterns or transactions that may indicate money laundering or terrorist financing. Monitoring includes the evaluation of deposit and withdrawal behaviour, gameplay patterns, and changes in customer profiles. Automated systems are deployed to flag unusual or complex transactions for further manual review by compliance officers. All activities are documented and retained in accordance with data protection and AML regulations.
4. Reporting Suspicious Activities
If any suspicious activity or transaction is identified that may be related to money laundering or terrorist financing, Aphrodite Casino is legally obligated to report such activity to the National Crime Agency (NCA) via a Suspicious Activity Report (SAR). All staff are trained to recognise potential red flags and escalate concerns to the MLRO without alerting the customer involved. Tipping off a customer about a potential SAR is strictly prohibited under UK law.
5. Record Keeping
Aphrodite Casino maintains comprehensive records of all customer identification documents, transaction histories, and correspondence for a minimum period of five years following the end of the customer relationship. Records are securely stored and accessible only to authorised personnel. This practice ensures the Casino can comply with requests from law enforcement and regulatory authorities and supports ongoing risk assessment processes.
6. Staff Training and Awareness
All employees of Aphrodite Casino, including management and customer service representatives, receive regular AML training to ensure awareness of current threats, legal obligations, and internal reporting procedures. Training programmes are updated in line with regulatory changes and industry best practices to promote a robust culture of compliance across the organisation.
7. Risk Assessment and Management
Aphrodite Casino conducts periodic risk assessments to identify and mitigate vulnerabilities associated with products, services, customer profiles, and transaction methods. Risk assessments are reviewed and updated regularly to reflect changes in regulatory requirements and the evolving landscape of financial crime. Mitigation strategies are implemented proportionally to the level of identified risk.
8. Data Protection and Confidentiality
Aphrodite Casino processes all personal data in line with the UK Data Protection Act 2018 and the General Data Protection Regulation (GDPR). Information collected for AML purposes is used solely for compliance and may be disclosed to relevant authorities as required by law. Unauthorised access, disclosure, or misuse of customer data is strictly prohibited.
9. Cooperation with Authorities
Aphrodite Casino cooperates fully with law enforcement agencies, regulatory bodies, and the UK Gambling Commission in investigations relating to financial crime. Information will be shared in accordance with statutory obligations and data protection laws, while safeguarding the rights and confidentiality of customers where possible.
10. Policy Review
This AML policy is subject to ongoing review and will be updated as necessary to ensure continued compliance with applicable laws, regulations, and industry standards. Changes to the policy will be communicated to customers and staff through appropriate channels.
For further information regarding Aphrodite Casino’s AML procedures, or to report a concern, please contact our Compliance Team or the MLRO using the details provided on our website.