KYC & AML Policy | domaintests.top

Introduction and Purpose of This Policy

This policy outlines the principles and procedures that domaintests.top follows to prevent financial crime in connection with its review and analysis activities. It establishes a clear framework for identity verification, activity monitoring, and regulatory reporting.

Core Objectives

The primary objectives of this policy are:

To prevent money laundering through any platform or service covered in domaintests.top's content;
To counter the financing of terrorism (CFT) by ensuring that reviewed platforms uphold robust screening and monitoring measures;
To ensure that domaintests.top's editorial practices align with applicable international compliance standards;
To protect users in India by providing transparent information about the compliance obligations of the platforms reviewed on this site.

Key Definitions and Terminology

The following definitions apply throughout this policy. Each term is used consistently in line with FATF guidance and applicable EU directives, as referenced in the review methodology applied by domaintests.top.

Money Laundering

Money laundering refers to the process by which proceeds derived from criminal activity are disguised to appear as legitimate funds. This includes placement, layering, and integration of illicit assets within the financial system.

Terrorism Financing

Terrorism financing refers to the provision or collection of funds, by any means, with the intention or knowledge that they will be used to carry out terrorist acts or support terrorist organisations.

Beneficial Owner

A beneficial owner is any natural person who ultimately owns or controls a customer, or on whose behalf a transaction or activity is conducted. This typically applies to individuals holding more than 25% ownership in an entity.

Suspicious Activity

Suspicious activity refers to any transaction, behaviour, or pattern that appears inconsistent with a user's known profile or lacks a clear legitimate purpose, and which may indicate an attempt to engage in financial crime.

Customer Identification and Verification (KYC)

domaintests.top applies a structured Know Your Customer (KYC) framework when evaluating the verification practices of sports betting platforms. This section outlines the document requirements and validation standards that reputable platforms are expected to maintain. Users in India should be aware of these requirements before registering on any platform featured in domaintests.top's reviews.

Proof of Identity (POI) Requirements

Verifying the identity of each user is a foundational step in any compliant KYC process. Platforms reviewed by domaintests.top are assessed on whether they request and validate government-issued identification documents before permitting financial transactions.

Accepted documents for proof of identity typically include:

A valid passport issued by a recognised national authority;
A government-issued national identity card (such as an Aadhaar Card or Voter ID for users in India);
A current driver's licence bearing a photograph and date of birth;
Any other photographic identification document issued by a government authority, provided it includes full legal name, date of birth, and an identifiable photograph.

Documents must be valid at the time of submission. Expired documents are not accepted as valid proof of identity under any circumstances.

Proof of Address (POA) Validation

Address verification is a necessary component of the KYC process, confirming that a user resides at the address provided during registration. Platforms that domaintests.top reviews are evaluated on the robustness of their address validation procedures.

Accepted documents for proof of address typically include:

A bank statement issued within the last three months, displaying the user's full name and residential address;
A utility bill (such as electricity, water, or gas) issued within the last three months;
An official government correspondence bearing the user's name and current address;
A financial institution statement or credit card statement dated within the required timeframe.

For users in India, documents such as an Aadhaar-linked address confirmation or a recent bank passbook entry are commonly accepted as valid proof of address on regulated platforms.

Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)

Due diligence procedures form the backbone of any credible AML compliance programme. domaintests.top assesses whether the platforms it reviews apply proportionate and risk-based verification methodologies across their user base.

Standard Customer Due Diligence (CDD)

CDD is applied to all users as the baseline verification process. It involves:

Collecting and verifying the user's identity using accepted POI and POA documents;
Assessing the nature of the user's expected activity on the platform;
Maintaining records of all verification documents in a secure and retrievable format.

Enhanced Due Diligence (EDD)

EDD is reserved for users who present a higher level of risk. This includes Politically Exposed Persons (PEPs), users from high-risk jurisdictions, and those whose transaction patterns are inconsistent with their declared profile. EDD measures include:

In-depth background verification and source of funds checks;
Ongoing and more frequent transaction monitoring;
Senior management approval before establishing or continuing a business relationship;
Regular re-screening against updated sanctions and PEP databases.

Anti-Money Laundering (AML) Compliance Procedures

domaintests.top applies AML compliance standards as a core criterion when analysing and rating sports betting platforms. Any platform featured in domaintests.top’s reviews is assessed against its adherence to international AML obligations.

Activity Monitoring

Platforms are evaluated on the strength of their transaction monitoring systems. Key indicators that domaintests.top considers include:

The presence of automated systems capable of flagging unusual deposit or withdrawal patterns;
Internal controls that restrict cash-equivalent or anonymous payment methods;
Clear policies on the maximum transaction thresholds permissible before enhanced scrutiny is triggered;
Regular internal audits of AML controls and outcomes.

AML as a Review Criterion

AML compliance is a non-negotiable requirement in domaintests.top’s evaluation methodology. Platforms that lack documented AML procedures, fail to carry out adequate user due diligence, or operate without a valid licence from a recognised regulatory authority are not recommended in domaintests.top’s content. This approach ensures that users in India are directed toward platforms that uphold internationally recognised standards for financial crime prevention.

Sanctions and PEP Screening

Screening users against international sanctions and PEP databases is a mandatory component of AML compliance. domaintests.top evaluates whether reviewed platforms integrate reliable and up-to-date screening tools into their onboarding and ongoing monitoring processes.

Sanctions List Screening

Platforms are expected to screen all users against the following databases prior to account approval and at regular intervals thereafter:

The Office of Foreign Assets Control (OFAC) Specially Designated Nationals and Blocked Persons List;
The European Union Consolidated Financial Sanctions List;
The United Nations Security Council Consolidated Sanctions List;
Any additional national sanctions lists applicable to the jurisdiction in which the platform operates.

PEP Screening

Politically Exposed Persons are individuals who hold, or have held, prominent public functions. Due to the elevated risk of corruption and bribery associated with such positions, PEPs are subject to additional scrutiny. Platforms reviewed by domaintests.top are assessed on:

Their use of recognised PEP screening databases;
Procedures for managing PEP relationships with appropriate EDD measures;
Policies governing the acceptance or rejection of PEP-linked accounts.

Reporting of Suspicious Activities

The timely and accurate reporting of suspicious activity is a central obligation under AML legislation. domaintests.top incorporates the quality of a platform's reporting infrastructure as part of its compliance assessment criteria.

Detection Protocol

Platforms are expected to maintain systems that detect and flag suspicious activity automatically, with human review protocols in place for escalation. Indicators that may trigger a suspicious activity review include:

Unexplained large or rapid deposits and withdrawals;
Repeated transactions just below reporting thresholds;
Inconsistencies between declared user information and observed financial behaviour;
Use of multiple payment methods with no clear pattern.

Suspicious Activity Reports (SARs)

Upon detection of suspicious activity, compliant platforms are required to:

File a Suspicious Activity Report (SAR) with the relevant financial intelligence unit or regulator in their jurisdiction;
Refrain from disclosing the filing of a SAR to the subject of the report (tipping off);
Cooperate fully with financial regulators and law enforcement authorities as required;
Maintain records of all SARs filed for a minimum period as prescribed by applicable law.

Data Privacy and Confidentiality

All KYC and AML-related data collected by domaintests.top in connection with its compliance activities is handled in accordance with applicable data protection legislation, including the General Data Protection Regulation (GDPR) where relevant. Users have a right to expect that their personal information is processed lawfully, transparently, and for a defined purpose.

Permitted Use of KYC Data

Personal data collected for KYC and AML purposes is used exclusively for compliance verification and regulatory reporting. It is not used for marketing, profiling, or commercial purposes. Specifically:

KYC data is stored securely and accessible only to authorised personnel with a legitimate compliance function;
Data is retained only for as long as required by applicable law, after which it is securely deleted;
Personal data is not shared with third parties without a lawful basis, such as a regulatory obligation or explicit user consent.

User Rights

Users retain the right to access, correct, or request deletion of their personal data, subject to any overriding legal retention obligations. Requests may be submitted through the contact details provided in the relevant section of this site.

Policy Updates and Ongoing Monitoring

This policy is subject to periodic review to ensure it remains aligned with changes in applicable laws, regulatory guidance, and international compliance standards. domaintests.top is committed to maintaining accurate and current compliance documentation across all areas of its operations.

Review Schedule

This policy is reviewed at least annually, and more frequently where significant regulatory changes occur. Updates may be triggered by:

Amendments to FATF recommendations or relevant AML directives;
Changes to applicable national legislation in India or other relevant jurisdictions;
Updates to the regulatory status of platforms reviewed on this site;
Internal audit findings that identify gaps or areas requiring clarification.

Notification of Changes

Material changes to this policy will be reflected in the updated version published on this page. Users are advised to review this policy regularly. Continued use of domaintests.top following the publication of an updated policy constitutes acceptance of the revised terms. The date of the most recent update will be clearly indicated at the top or bottom of this page.

KYC and Anti-Money Laundering (AML) Policy at domaintests.top