1. Introduction

Elite Web Services LTD (hereinafter referred to as "ROYALE.GG") is committed to maintaining the highest standards of ethics, integrity, and regulatory compliance. As part of our commitment to combating money laundering and terrorist financing, we have established this Anti-Money Laundering (AML) Policy to outline our procedures and obligations regarding the prevention of money laundering and the enforcement of customer due diligence.

2. Purpose

The purpose of this AML Policy is to ensure that ROYALE.GG adheres to all applicable anti-money laundering laws and regulations. To achieve this goal, ROYALE.GG may, at its discretion, require users to submit certain documents through our Know Your Customer (KYC) provider, Persona, as part of our AML procedures.

3. Customer Due Diligence (CDD) Process

ROYALE.GG shall implement a risk-based approach to customer due diligence, which includes:

a. Identification and Verification of Customers: We will collect and verify the identity of all users in accordance with applicable laws and regulations. Persona will be utilized for this purpose.

b. Enhanced Due Diligence (EDD): In cases of higher risk, such as large transactions or unusual activity, ROYALE.GG may conduct enhanced due diligence on the customer. This may include requesting additional documentation or information.

c. Ongoing Monitoring: ROYALE.GG will continuously monitor customer transactions and account activity to detect and report suspicious transactions, as required by law.

4. Document Submission

Upon ROYALE.GG discretion and in accordance with our risk assessment, users may be required to submit documents through Persona to comply with AML procedures. These documents may include, but are not limited to:

a. Government-Issued Identification: Users may be required to provide a valid government-issued identification document, such as a passport or driver's license.

b. Proof of Address: Users may be asked to submit a recent utility bill, bank statement, or other official documents as proof of their residential address.

c. Source of Funds: In some cases, users may need to provide information and documentation related to the source of funds used for transactions with ROYALE.GG.

5. Reporting Suspicious Activity

If ROYALE.GG becomes aware of any suspicious activity that could potentially involve money laundering or terrorist financing, we are obligated to report such activity to the relevant authorities in accordance with applicable laws and regulations.

6. Training and Awareness

All employees and relevant personnel will receive training on AML procedures and will be aware of their responsibilities in implementing this policy.

7. Record Keeping

ROYALE.GG will maintain records of customer due diligence, transactions, and any other information related to AML procedures for the required period as mandated by law.

8. Compliance

This AML Policy will be reviewed and updated regularly to ensure its effectiveness and compliance with evolving AML regulations.

9. Conclusion

Elite Web Services LTD (ROYALE.GG) is committed to upholding the highest AML standards and will take all necessary measures to prevent money laundering and terrorist financing. We reserve the right to take action, including but not limited to account suspension or closure, if users fail to comply with our AML procedures.
By using our platform, users acknowledge and agree to comply with this AML Policy, including the requirement to submit documents through Persona when requested by ROYALE.GG.