Last updated: 28.01.2026
AML Policy
Anti-fraud and money laundering prevention policy. See also KYC Policy, Terms and Conditions and Privacy Policy.
Index
Betamina is operated by Aymora Group Ltd, a company registered in Belize under commercial registration number 000053733, with registered address at San Victor Street, Orange Walk Town, Belize. Betamina holds an online gaming license issued by the Government of the Autonomous Island of Anjouan, Union of the Comoros (License No. ALSI-202602023-Fl1) and has complied with all applicable regulatory requirements to carry out gambling and betting operations. This Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) Policy describes our compliance framework. See also our KYC Policy, Terms and Conditions and Privacy Policy.
We have established a comprehensive compliance framework aligned with national and international standards to detect, prevent and deter illicit activities on our platform. Our approach is based on a Risk-Based Approach (RBA) applied throughout the customer lifecycle.
1. AML/CTF compliance framework
Betamina maintains policies and procedures designed to:
- Prevent the use of the platform for money laundering.
- Detect activities related to terrorism financing.
- Identify fraudulent or financially abusive behavior.
- Comply with regulatory obligations under our license.
Our AML/CTF program is aligned with the Financial Action Task Force (FATF) Recommendations and with the regulatory provisions applicable under the Anjouan jurisdiction.
2. Risk-Based Approach (RBA)
Betamina applies a risk-based model that evaluates:
- Player profile.
- Jurisdiction of residence and source of funds.
- Payment methods used, including cryptocurrencies.
- Transactional behavior.
- Atypical or irregular gaming patterns.
Control measures are proportional to the level of risk identified.
3. Identity verification (CDD — Customer Due Diligence)
At registration, the following information is required:
- Full legal name.
- Date of birth.
- Residential address.
- Valid email address.
The account will not be considered fully operational until the minimum identification requirements are met. The full verification process is described in our KYC Policy.
4. Enhanced Due Diligence (EDD)
Enhanced verification will be applied in the following cases:
- First withdrawal request.
- When aggregated lifetime deposits reach USD 5,000 (or equivalent).
- When elevated risk indicators or suspicious activity are detected.
EDD may require:
- Official photo ID document.
- Proof of address (bank statement or utility bill).
- Proof of source of funds.
- Additional information as per risk assessment.
While EDD is pending, Betamina may restrict withdrawals, limit the account or temporarily suspend access.
5. Transaction monitoring
Betamina implements continuous monitoring mechanisms to identify:
- Structuring of deposits to avoid regulatory thresholds.
- Rapid movements of funds without actual gaming activity.
- Unusual betting patterns.
- Transactions linked to high-risk jurisdictions.
- Misuse of crypto assets to obscure traceability.
Transactions exceeding regulatory thresholds may be reported in accordance with applicable legal obligations.
6. Suspicious activity reporting
If suspicious activity is detected:
- An immediate internal analysis will be conducted.
- A Suspicious Activity Report (SAR) may be filed with the competent authority.
- The customer will not be informed about the existence of such report, in accordance with applicable regulations.
7. Record keeping
Betamina retains the following records for a minimum period of five (5) years:
- CDD and EDD documentation.
- Transaction records.
- Internal and regulatory reports.
- Monitoring and audit records.
The processing of these records is carried out in accordance with our Privacy Policy and applicable data protection laws.
8. Compliance Officer
Betamina appoints a Compliance Officer responsible for:
- Overseeing the AML/CTF program.
- Ensuring regulatory compliance.
- Acting as liaison with regulatory authorities.
- Coordinating internal training for staff.
- Periodically reviewing and updating policies and procedures.
9. Cooperation with authorities
Betamina fully cooperates with regulatory and law-enforcement authorities in all investigations related to money laundering, terrorism financing or any other illicit activity. Formal requests are processed in accordance with applicable regulations and the user rights established in our Privacy Policy.
10. Policy updates
Betamina reserves the right to update this AML/CTF Policy at any time. The most recent version will always be available at betamina.com/AMLpolicy. Material updates will be notified through the website or by email.