AML & KYC Policy

1. Policy statement

BeeKo is committed to preventing money laundering, terrorist financing and sanctions evasion. As a business-to-business supplier, we apply these controls to our business relationships. Licensed operators remain responsible for checks on their own players.

2. Know your business partner (KYB)

Before entering into a business relationship, we carry out due diligence on the operator or partner. This includes company registration and constitutional documents, the gaming licences held and their scope, and the identification of directors and ultimate beneficial owners. Where appropriate, we also request information on source of funds and the jurisdictions in which the partner operates.

We review this information periodically and whenever relevant circumstances change.

3. Operators' player KYC obligations

We require operators using our content to verify the identity of their players, screen them against applicable sanctions lists, monitor player transactions and comply with the anti-money laundering and counter-terrorist financing laws that apply to their licence. Operators remain responsible for these checks on their own players.

4. Monitoring and suspicious activity

We monitor our business relationships and settlements for unusual activity. Where we suspect money laundering, terrorist financing or other financial crime, we may suspend or terminate the relationship and will report to the competent authorities as required by law.

5. Sanctions and high-risk jurisdictions

We do not enter into business relationships with, or process transactions involving, persons or entities subject to applicable sanctions, or jurisdictions on the FATF blacklist (high-risk jurisdictions subject to a call for action). Our services are not available in restricted jurisdictions, including: Republic of Korea, United States and its territories, United Kingdom, France and its territories, Germany, Netherlands and its territories, Spain, Austria, Countries on the FATF blacklist.

6. Record keeping

Due diligence and transaction records are kept for at least five years after the end of the business relationship.

7. Contact

Compliance questions can be sent to beeko@beekoglobal.com.

8. Language

This document may be published in several languages. In case of any discrepancy between language versions, the English version prevails.