Interwetten AML joke

[Sherlock]

As a valued business partner of the Interwetten Group we are sure that you will appreciate the need for us to ensure that we comply with all regulations applicable to our industry. Your cooperation to this effect is much appreciated.

The Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 (4^th AMLD) on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing requires entities to conduct a due diligence process for identification and verification purposes. Interwetten is obliged by law to request information from its counterparties. For this purpose, we kindly ask that you print this email and provide the information requested along with the documentation detailed in the Appendix below (if applicable).

Please send this form and the enclosures to compliance@interwetten.com. For certified documents, please forward the originals to the address below:

Interwetten Group Compliance Department
2^nd Floor
Global Capital Building
Testaferrata Street
Ta’ Xbiex, XBX1403
Malta


Many thanks for your assistance and we look forward to receiving the requested information and/or documentation in due course however, at latest within 20 days from receipt of this request. Please do not hesitate to direct any queries you might have to compliance@interwetten.com.
Best regards

Sharon Stanforth
Compliance Assistant

Data:

Company Name:

Company Registration Number:

Registered address:


Tax Identification Number (TIN):

Year of establishment:


Contact person:

Email:

Telephone Number:

Are you or is any Owner, Director or member of the Senior Management Team of the company you represent a Politically Exposed Person or is closely related to a Politically Exposed Person ?

Yes

No

I hereby declare that the information provided in this due diligence form is true and accurate and that the company and the services it provides are compliant with the applicable laws and regulations.



Name of Director:


Signature of Director:


Date:




Appendix

Due diligence information request

Documentation:
· Certified copy of identification document for the Key Account Manager who is authorised to sign contracts on behalf of the company and for any contact person to the Interwetten Group
· Proof of residential address (e.g. a utility bill or other document bearing the name and address and dated within the last six months) for the Key Account Manager
· Current Police record for the Key Account Manager
· Certificate of company incorporation
· Extract from the Company Registry
· List of Beneficial Owners with more than 25% shareholding
· Agreements on fiduciary agreements regarding the company's assets (if applicable)

[Triple7]

As a valued business partner of the Interwetten Group we are sure that you will appreciate the need for us to ensure that we comply with all regulations applicable to our industry. Your cooperation to this effect is much appreciated.

The Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 (4^th AMLD) on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing requires entities to conduct a due diligence process for identification and verification purposes. Interwetten is obliged by law to request information from its counterparties. For this purpose, we kindly ask that you print this email and provide the information requested along with the documentation detailed in the Appendix below (if applicable).

Please send this form and the enclosures to compliance@interwetten.com. For certified documents, please forward the originals to the address below:

Interwetten Group Compliance Department
2^nd Floor
Global Capital Building
Testaferrata Street
Ta’ Xbiex, XBX1403
Malta


Many thanks for your assistance and we look forward to receiving the requested information and/or documentation in due course however, at latest within 20 days from receipt of this request. Please do not hesitate to direct any queries you might have to compliance@interwetten.com.
Best regards

Sharon Stanforth
Compliance Assistant

Data:

Company Name:

Company Registration Number:

Registered address:


Tax Identification Number (TIN):

Year of establishment:


Contact person:

Email:

Telephone Number:

Are you or is any Owner, Director or member of the Senior Management Team of the company you represent a Politically Exposed Person or is closely related to a Politically Exposed Person ?

Yes

No

I hereby declare that the information provided in this due diligence form is true and accurate and that the company and the services it provides are compliant with the applicable laws and regulations.



Name of Director:


Signature of Director:


Date:




Appendix

Due diligence information request

Documentation:
· Certified copy of identification document for the Key Account Manager who is authorised to sign contracts on behalf of the company and for any contact person to the Interwetten Group
· Proof of residential address (e.g. a utility bill or other document bearing the name and address and dated within the last six months) for the Key Account Manager
· Current Police record for the Key Account Manager
· Certificate of company incorporation
· Extract from the Company Registry
· List of Beneficial Owners with more than 25% shareholding
· Agreements on fiduciary agreements regarding the company's assets (if applicable)

Police record, wtf. They see me coming at the police office "Hey, some illegal gambling company wants my police record".

All this AML bullshit. Copy of your passport and prove that your company is inregistered should be enough. Banks do also their checks, they can rely on that.

[Malikbhai]

Police clearance letter. This is new.

Ultimately, it's a decision to comply or to boot them out.

[Sherlock]

Absolutely it is. But if you are getting rev share for players reported for years then it means you are dragged into the nonsense.

Hardest thing is the certified copy of ID card of the director. Many countries do not allow the certified copies.

[Malikbhai]

Hardest thing is the certified copy of ID card of the director. Many countries do not allow the certified copies.

I get a local attorney/lawyer/solicitor to certify/attest the copy of the ID, all the time for real estate transactions. It takes less than 15 mins, if one has the original passport/national ID/drivers license in hand.

Document attestation services - just do a classified search where ever you're living.

And I have done this for non-resident passport as well. Meaning; I once got my passport attested in a country (UK), where I was just visiting. No residency etc. The solicitor wasn't bothered.

[Sherlock]

I do not say it is a problem for me because I do not live anywhere and everywhere and there are always ways around. For me this nonsense just means I have to stop in different country that the country that issued my passport. But as I said many countries do not allow such a thing. That means no lawyer or notary or state office is allowed to do the copy. It is simply a law. It differs country by country.

[TheGooner]

AML regulations are not new.
But these are new demands on the basis of the same law.

Certified copies and police record seem above and beyond what is required.