AML Policy

Last updated: December 24th, 2024

Introduction

Bullz.games is a brand operated by XENOM GROUP, a Limited Company registered under the laws of Anjouan with registration number 15739 and headquarters located at Hamchako, Mutsamudu, Anjouan. References in this policy to "the Company," "We," or "Our" mean XENOM GROUP.

Objective of the AML Policy

We are committed to providing the highest level of security to our users. Our measures are designed to prevent money laundering and to comply with EU and other international anti-money laundering (AML) guidelines. These measures ensure the integrity of our platform and protect against illicit activities.

Definition of Money Laundering

• The conversion or transfer of property, including money, to conceal its illegal origin or to assist others in evading legal consequences.
• The concealment of the true nature, source, or ownership of assets derived from criminal activities.
• The acquisition, possession, or use of assets, knowing they originate from criminal activity.
• Participation in or aiding activities related to money laundering.

Organization of the AML

The Board of Directors of XENOM GROUP oversees and enforces measures to prevent money laundering on Bullz.games. All employees and management are required to adhere to these measures.

AML Policy Changes

Any major change to the AML Policy requires approval from the managing director of XENOM GROUP. Updates will be communicated to all relevant stakeholders.

Know Your Customer (KYC) Policy

To maintain a secure and compliant environment, Bullz.games implements basic identity verification procedures for all users. These steps are designed to:

• Confirm the identity of users registering on our platform.
• Ensure compliance with applicable laws and regulations.
• Prevent unauthorized or fraudulent account activity.

As part of the KYC process, users may be required to provide:

• A government-issued identification document (e.g., passport or ID card).
• Proof of address (e.g., utility bill or bank statement).
• Additional documents to verify the source of funds if necessary.

Failure to provide the required information may result in restricted access to our services or account suspension.

Transaction Monitoring

We monitor transactions using a combination of automated systems and manual checks to detect unusual or suspicious activities. This includes:

• Identifying unusual transaction patterns or behaviors.
• Screening transactions for compliance with international sanctions and regulations.
• Utilizing software to detect suspicious deposit or withdrawal patterns.

Education and Training

Employees are periodically trained on AML, anti-terrorist financing, and sanctions compliance to maintain the highest standards of awareness and adherence.

Reporting

Suspicious activities are reported to the appropriate regulatory authorities. Customers identified as being involved in criminal activities will have their accounts suspended, and relevant information will be shared with the authorities.

Contact Us

For any questions about our AML Policy, please contact us at contact@bullz.games.