S91 AML & KYC Policy – Anti-Money Laundering & Identity Verification

Prevent Money Laundering

S91 maintains AML measures to help prevent the Platform from being used for money laundering or other illegal financial activities. These measures form part of the Platform’s approach to maintaining a secure environment for users.

Prevent Fraud and Protect Users

The policy also supports fraud prevention and user protection. Identity checks, transaction monitoring and risk reviews may be used to identify activities that could indicate fraudulent or suspicious behaviour.

Support Regulatory Compliance

S91 is committed to complying with applicable laws and regulations relating to AML and KYC requirements. The Platform may apply verification and monitoring measures where necessary to meet these requirements.

When S91 May Request KYC

S91 may request identity verification before allowing access to certain Platform services. This can include withdrawals and other services where verification is considered necessary.

Government-Issued Identification

As part of S91 KYC, users may be asked to provide a government-issued identification document to verify their identity.

Selfie Verification

S91 may request selfie verification as part of the identity verification process. This can be used together with other submitted information to support verification.

Proof of Residential Address

Users may be required to provide proof of their residential address when requested as part of the KYC process.

Verification of Payment Ownership

S91 may request information or supporting documentation to verify ownership of a payment method. This helps the Platform assess whether payment-related information is connected to the appropriate user.

Incomplete KYC Verification

Users who do not complete a requested identity verification process may have limited access to certain S91 Platform features or services.

Deposits and Withdrawals

S91 may monitor deposits and withdrawals to identify unusual transaction patterns, suspicious behaviour or activities that may require further review.

Buyback Transactions and Reward Claims

Buyback transactions and reward claims may also be monitored as part of S91’s measures to identify potentially suspicious or fraudulent activity.

Unusual Transaction Patterns

S91 may review unusual transaction patterns that differ from expected Platform activity. Monitoring helps determine whether further verification or a risk review may be necessary.

Multiple Account Activities

Activities involving multiple accounts may be monitored to identify potential fraud, abuse or other suspicious behaviour. Such activity may be subject to further review by S91.

Additional Supporting Documents

If suspicious activity is detected, S91 may request additional supporting documents to review the user’s identity, transactions or other relevant account activity.

Delayed Transaction Processing

S91 may delay transaction processing while suspicious activity or relevant information is being reviewed.

Rejected Withdrawals

A withdrawal may be rejected where a risk review identifies suspicious activity or other concerns that require the transaction not to proceed.

Temporary Account Freeze

S91 may temporarily freeze an account when necessary as part of a risk review. This measure may be used to protect users and the Platform while suspicious activity is assessed.

Suspension of Platform Access

Platform access may be suspended where S91 identifies activity that requires further investigation or action under its AML and KYC measures.

Transaction Records

S91 may retain transaction records for as long as required by applicable laws or legitimate business purposes. These records may support compliance, security and risk review activities.

Verification Documents

Documents and information submitted for identity verification may also be retained for periods required by applicable laws or legitimate business purposes.

Cooperation With Regulatory Authorities

S91 reserves the right to cooperate with regulatory authorities where required by law. Relevant information may be handled in accordance with applicable legal and regulatory requirements.

Fraudulent or Illegal Activities

Users found engaging in fraudulent, illegal or money laundering activities may have their S91 accounts suspended or permanently terminated.

Protecting Users and the Platform

S91’s verification, transaction monitoring and risk review measures are intended to protect both users and the Platform while supporting compliance with applicable requirements.

Policy Changes

S91 may update its AML & KYC Policy from time to time. Users should refer to the current policy when they need information about the Platform’s verification and compliance requirements.

Latest Policy Version

The latest version of the S91 AML & KYC Policy will always be made available on the Platform.

What does AML mean on S91?

AML means Anti-Money Laundering. S91 applies AML measures to help prevent money laundering, fraud and other illegal financial activities on the Platform.

What does KYC mean on S91?

KYC means Know Your Customer. S91 may use identity verification procedures to confirm user information before allowing access to certain services.

When can S91 request identity verification?

S91 may request KYC before allowing access to certain Platform services, including withdrawals.

What documents may be required for S91 KYC?

Verification may include government-issued identification, selfie verification, proof of residential address and verification of payment ownership.

What happens if I do not complete KYC?

Users who fail to complete requested identity verification may have limited access to certain S91 Platform features.

What transactions may S91 monitor?

S91 may monitor deposits, withdrawals, Buyback transactions, reward claims, unusual transaction patterns and multiple account activities.

Can S91 request additional documents?

Yes. If suspicious activity is detected, S91 may request additional supporting documents as part of its risk review.

Can S91 delay or reject a withdrawal?

Yes. Where suspicious activity is detected, S91 may delay transaction processing or reject a withdrawal as part of its risk review measures.

Can an S91 account be temporarily frozen?

Yes. S91 may temporarily freeze an account or suspend Platform access where suspicious activity requires further review.

How long does S91 retain KYC and transaction records?

S91 may retain transaction records and verification documents for as long as required by applicable laws or legitimate business purposes.

Can S91 cooperate with regulatory authorities?

Yes. S91 reserves the right to cooperate with regulatory authorities where required by law.