Last Updated: Nov25
FairPlay is committed to preventing all forms of money laundering, terrorist financing, fraud, and illegal financial activity on its platform.
This AML Policy outlines the measures we take to ensure compliance with applicable laws, regulatory standards, and global best practices.
1. Our AML Commitment
FairPlay maintains a zero-tolerance policy toward money laundering and unlawful financial transactions.
We are dedicated to:
- Identifying and preventing suspicious financial activity
- Protecting users and the platform from fraud
- Cooperating with regulatory and legal authorities
- Maintaining strict security and verification procedures
2. Know Your Customer (KYC) Verification
To prevent fraud and ensure platform integrity, FairPlay may require users to complete KYC verification.
This may include providing:
- Government-issued identification
- Proof of address
- Valid contact details
- Additional documents if mandated by security checks
All documents must be authentic, valid, and submitted by the rightful owner.
3. Monitoring of Transactions
FairPlay continuously monitors transactions to detect suspicious or unusual patterns.
This includes:
- Frequent or unusually large deposits
- Rapid movement of funds
- Multiple accounts controlled by the same user
- Attempts to bypass limits or verification
- Inconsistent or unverifiable account data
Transactions that raise concern may be delayed, reviewed, or blocked pending investigation.
4. Reporting Suspicious Activity
FairPlay complies with applicable reporting obligations.
Any activity that appears to involve:
- Fraud
- Identity manipulation
- Suspicious fund movement
- Unlawful transactions
…may be reported to relevant authorities in accordance with applicable AML laws.
FairPlay reserves the right to freeze accounts or funds associated with suspicious behavior.
5. Prohibited Activities
Users are strictly prohibited from:
- Using the platform to hide or transfer illegal funds
- Opening multiple accounts to manipulate transactions
- Providing false or misleading personal information
- Using third-party or anonymous accounts for deposits or withdrawals
- Attempting to bypass KYC or AML checks
Violations may result in account termination, fund seizure, and legal action.
6. Account Freezing & Review
FairPlay may temporarily restrict, freeze, or permanently close any account suspected of AML-related violations.
This may occur if:
- Required KYC documents are not provided
- Data appears forged, altered, or unverifiable
- Transaction patterns indicate potential laundering
- A user violates security or financial integrity standards
7. Data Protection & Confidentiality
All personal and financial information collected for AML/KYC purposes is stored securely and handled in compliance with:
- Data protection laws
- Privacy regulations
- FairPlay’s Privacy Policy
Information is shared only with authorized personnel and regulatory bodies when legally required.
8. User Responsibilities
By using FairPlay, users agree to:
- Provide accurate information when requested
- Use only their own verified payment accounts
- Cooperate with verification or compliance checks
- Avoid any behavior that may be considered suspicious or unlawful
Non-compliance may lead to restricted access or account closure.
9. Policy Updates
FairPlay may update this AML Policy at any time to reflect:
- Legal changes
- Regulatory updates
- Industry standards
- Internal compliance improvements
Users are encouraged to review this page regularly.
10. Contact Information
For questions or concerns regarding this AML Policy or verification process, please contact:
📧 support@fairplay.com
Or use the live chat on our website.