Anti-Money Laundering (AML) Policy

Anti-Money Laundering & Counter-Terrorist Financing

Our AML and KYC procedures to prevent financial crime and protect participants.

Last updated: July 2025
Company: Golden Prize Digital LTD
Effective date: 01 July 2025

1. Introduction

Golden Prize Digital LTD is committed to preventing the use of its platform for money laundering, terrorist financing, or any other financial crime.

This Anti-Money Laundering (AML) Policy outlines the principles, controls, and procedures we apply to ensure compliance with applicable UK laws and international regulations, while maintaining a fair and transparent experience for all participants.

2. Purpose

The purpose of this policy is to:

  • Detect and prevent any attempt to misuse our services for money laundering or financial crime;

  • Ensure compliance with applicable AML and counter-terrorist financing regulations in the United Kingdom and internationally;

  • Protect participants, winners, and the business from abuse or reputational harm.

3. Scope

This policy applies to:

  • All users participating in competitions on the Golden Prize Club platform;

  • Any individual or entity attempting to use the platform for suspicious or unlawful activity;

  • All employees, contractors, and partners of Golden Prize Digital LTD involved in platform operations, payments, or compliance.

4. Customer Due Diligence (KYC)

Golden Prize Digital LTD applies Know Your Customer (KYC) procedures where appropriate to verify the identity of participants, particularly when:

  • A prize is claimed or paid out;

  • Activity appears unusual, inconsistent, or potentially suspicious.

KYC checks may include the collection and verification of:

  • Proof of identity;

  • Proof of address;

  • Additional supporting documentation where required.

Further details are outlined in our dedicated KYC Policy.

5. Monitoring and Reporting

We actively monitor participant activity and transactions for indicators of suspicious behaviour, including but not limited to:

  • Unusual entry or payment patterns;

  • Structuring or repeated small transactions intended to avoid detection;

  • Attempts to conceal identity or use third-party payment methods improperly.

Where required by law, any suspected money laundering or financial crime will be reported to the relevant authorities in accordance with applicable legal obligations.

6. Data Protection

All personal data collected as part of our AML and KYC processes is:

  • Stored securely and protected using appropriate technical and organisational measures;

  • Used solely for compliance, identity verification, and fraud prevention purposes;

  • Processed and retained in accordance with data protection laws, including the UK GDPR.

7. Staff Training

Employees and personnel involved in payment processing, customer verification, or compliance activities receive role-appropriate AML training to ensure awareness of obligations and the ability to identify suspicious activity.

8. Policy Review

This AML Policy is reviewed at least annually, or sooner if required due to regulatory changes, operational developments, or identified risks.

9. Contact

If you have any questions about this AML Policy or wish to report suspected suspicious activity, please contact us:

Email: compliance@goldenprizeclub.co.uk
Website: https://goldenprizeclub.co.uk

Approved on: 01 February 2026