AML Policy

This Anti-Money Laundering (AML) Policy sets out the procedures and controls that Mostbet implements to prevent money laundering, terrorist financing, and other financial crimes. The policy applies to all customers, transactions, and business relationships conducted through most-bet-np.com. Mostbet is committed to maintaining the highest standards of compliance with applicable laws and regulations in all jurisdictions where it operates, including Nepal and the territories in which its customers are located.

Mostbet operates under a Curaçao eGaming license and adheres to international standards established by the Financial Action Task Force (FATF). The operator implements controls aligned with the principles of the Fifth Anti-Money Laundering Directive (5AMLD) and Sixth Anti-Money Laundering Directive (6AMLD) where applicable, as well as local regulatory requirements in jurisdictions where customers are located. This policy is designed to ensure compliance with anti-money laundering obligations and to facilitate the detection and reporting of suspicious activities to relevant financial intelligence units.

All customers must complete identity verification before accessing betting or gaming services. During registration, you are required to provide accurate personal information, including your full name, date of birth, residential address, and contact details. Mostbet will verify your identity using one or more of the following documents: a valid passport, national identity card, or other government-issued identification. You must also provide proof of your residential address, such as a utility bill or bank statement issued within the last three months. Payment method verification is conducted to confirm that the account holder is the legitimate owner of the payment instrument used for deposits and withdrawals.

Enhanced Due Diligence procedures are applied to customers identified as higher risk. This includes customers who are Politically Exposed Persons (PEPs), those with beneficial ownership links to PEPs, customers from jurisdictions subject to international sanctions, and customers engaging in high-value or unusual transaction patterns. For such customers, Mostbet may request additional documentation, including proof of source of funds, source of wealth, beneficial ownership information, and details of the purpose and nature of the business relationship. Enhanced verification may include independent verification of information through third-party sources and ongoing enhanced monitoring of transactions.

Mostbet employs automated transaction monitoring systems to detect patterns consistent with money laundering, terrorist financing, or other financial crimes. Monitoring includes analysis of transaction frequency, size, and velocity; structuring or layering patterns; unusual geographic flows; and deviations from established customer behavior. Transactions exceeding specified thresholds, rapid sequences of deposits and withdrawals, and patterns suggestive of structuring (deliberate splitting of transactions to avoid reporting thresholds) trigger investigation. All suspicious transactions are escalated to the Money Laundering Reporting Officer (MLRO) for assessment and determination of whether a report to the Financial Intelligence Unit is required.

Mostbet screens all customers against international sanctions lists, including those maintained by the United Nations, the European Union, the United States Office of Foreign Assets Control (OFAC), and other relevant authorities. Customers are also screened against Politically Exposed Persons (PEP) databases to identify individuals holding or who have recently held prominent public positions. Screening is conducted at account opening and on an ongoing basis. Any match or potential match results in account suspension pending further investigation and clearance by the MLRO.

Mostbet is obligated to report suspicious activities to the relevant Financial Intelligence Unit (FIU) in accordance with applicable law. Suspicious Activity Reports (SARs) are filed when there is reasonable suspicion that a transaction or pattern of transactions relates to money laundering, terrorist financing, or other financial crimes. Reports are submitted within the timeframes specified by local regulations. Mostbet does not disclose to customers that a report has been filed, and staff are prohibited from tipping off customers regarding investigations or reports.

Mostbet maintains comprehensive records of all customer due diligence information, transaction records, and correspondence related to AML investigations. Records are retained for a minimum of five years following the end of the customer relationship or the completion of a transaction. Documentation includes copies of identity verification documents, proof of address, beneficial ownership information, transaction logs, monitoring alerts, investigation notes, and any reports filed with authorities. Records are stored securely and are made available to regulators and law enforcement upon request.

Mostbet has appointed a Money Laundering Reporting Officer responsible for overseeing AML compliance, investigating suspicious activities, filing reports with the FIU, and ensuring staff adherence to AML policies. The MLRO has direct access to senior management and maintains independence in decision-making regarding suspicious activity investigations and reporting. The MLRO is responsible for coordinating with external compliance advisors, responding to regulatory inquiries, and maintaining documentation of all AML-related decisions and actions.

All Mostbet staff involved in customer-facing operations, payments processing, and compliance functions receive mandatory AML training upon hire and on an annual basis thereafter. Training covers the identification of suspicious activity, customer due diligence procedures, sanctions and PEP screening, reporting obligations, and the legal consequences of money laundering and terrorist financing. Staff are trained to recognize red flags, including unusual customer behavior, structuring patterns, and inconsistencies in customer information. Training records are maintained and made available to regulators upon request.

You are responsible for providing accurate and truthful information during account registration and verification. You must declare the source of funds used for deposits and inform Mostbet of any changes to your personal circumstances that may affect the accuracy of your profile. Mostbet reserves the right to request documentation evidencing the source of your funds at any time. Failure to provide accurate information or to cooperate with verification requests may result in account suspension or closure. You acknowledge that providing false information or attempting to circumvent AML controls constitutes a violation of this policy and applicable law.

This AML Policy is reviewed annually and updated to reflect changes in regulatory requirements, industry standards, and operational practices. Mostbet may amend this policy at any time to ensure continued compliance with applicable law. Customers are notified of material changes through email or notification within their account. Continued use of the platform following notification of policy changes constitutes acceptance of the updated terms. For more information about Mostbet in Nepal and our full compliance framework, please refer to our main terms and conditions.