ApuesteRapido is committed to preventing its services from being used for financial crimes, money laundering, and terrorism financing. Strict compliance with all applicable regulations is essential to protect the company, its management, and its employees from the risks associated with legal violations, regulations, and oversight requirements. Additionally, complying with these regulations helps safeguard ApuesteRapido’s reputation against potential harm caused by involvement in such illegal activities.
To achieve these objectives, the following policies are implemented:
- Employee Responsibilities
Each employee must perform their duties in accordance with their assigned responsibilities. - Commitment to Money Laundering Prevention
Business considerations should not take precedence over ApuesteRapido’s commitment to preventing money laundering. - Appointment of the Money Laundering Reporting Officer (MLRO)
ApuesteRapido will appoint a Money Laundering Reporting Officer (MLRO) and a substitute to cover the MLRO's duties in their absence. The substitute will be the Chief Executive Officer (CEO). The MLRO and their substitute will receive full assistance and cooperation from all employees in carrying out their duties.
Compliance with AML/CFT Regulations
ApuesteRapido will strictly comply with all applicable Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) rules and regulations. This includes:
Compliance Culture: Establish and maintain a culture of compliance throughout the company to prevent financial crimes.
Customer Identity Verification: Ensure that customer identities are verified satisfactorily within the required limits.
Know Your Customer (KYC): Properly implement KYC procedures both during customer onboarding and throughout the business relationship. This includes verifying the customer's identity and continuously monitoring the use of ApuesteRapido’s services.
Employee Training: Ensure that employees are well-informed about the laws, their obligations, and the procedures required to comply with these regulations.
Suspicious Activity Reporting: Encourage employees to promptly report any suspicion of financial crime or violations internally.
Risk-Based Approach
The company's policies, procedures, and controls are based on a risk-based approach, meaning resources will be focused on areas of higher risk.
By implementing these policies, ApuesteRapido aims to maintain a high standard of compliance and protect itself, its employees, and its reputation from involvement in illegal activities.