S91 AML & KYC Policy

The S91 AML & KYC Policy is designed to support a secure Platform and establish measures for identifying and responding to potentially fraudulent, illegal or suspicious financial activity.

Prevent Money Laundering

S91 applies AML-related measures intended to help prevent the Platform from being used for money laundering or other illegal financial activities.

Prevent Fraud

Identity checks, transaction monitoring and risk reviews may be used to identify activity that could indicate fraud or misuse of the Platform.

Protect S91 Users

AML and KYC measures help S91 verify users where required and respond to suspicious activity that may create security or financial risks for users or the Platform.

Comply with Applicable Requirements

The policy supports S91’s commitment to comply with applicable laws and regulations relating to AML, KYC and relevant Platform activities.

S91 KYC identity verification may be required before users are permitted to access certain services, including withdrawals. The information requested may depend on the verification requirements applicable to the account.

Government-Issued Identification

S91 may request a valid government-issued identification document as part of the KYC process to verify a user’s identity.

Selfie Verification

Users may be asked to complete selfie verification as an additional identity check when required by S91.

Proof of Residential Address

S91 may request proof of residential address as supporting documentation during the verification process.

Verification of Payment Ownership

Where required, users may need to provide information or supporting documentation that allows S91 to verify ownership of the payment method associated with Platform transactions.

Incomplete KYC Verification

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

S91 may monitor certain Platform transactions and account activities to identify unusual patterns and potentially suspicious or fraudulent behaviour.

Deposits and Withdrawals

S91 may monitor deposits and withdrawals as part of its transaction review and Platform security processes.

Buyback Transactions

Buyback transactions may be reviewed to identify transaction behaviour that requires additional verification or risk assessment.

Reward Claims

S91 may monitor reward claims as part of its measures for detecting suspicious or abusive Platform activity.

Unusual Transaction Patterns

Transaction patterns that appear unusual may be identified for further review. S91 may perform additional checks when activity requires further assessment.

Multiple Account Activities

S91 may monitor multiple account activities as part of its efforts to detect potential fraud, misuse or other suspicious behaviour.

When S91 detects suspicious activity, the Platform may conduct a risk review and apply measures considered necessary to protect users and Platform operations.

Request Additional Supporting Documents

S91 may request additional supporting documents when existing account or transaction information is insufficient to complete a risk review.

Delay Transaction Processing

Transaction processing may be delayed while S91 performs additional verification or reviews activity that has been identified as potentially suspicious.

Reject Withdrawals

S91 may reject a withdrawal when a risk review identifies concerns requiring the transaction not to proceed.

Temporarily Freeze Accounts

An account may be temporarily frozen when necessary while suspicious activity or relevant account information is being reviewed.

Suspend Platform Access

S91 may suspend access to the Platform when required as part of its security and risk-management measures.

S91 may retain relevant transaction records and identity verification documents for periods required by applicable laws or legitimate business purposes.

Transaction Records

Records associated with Platform transactions may be retained when necessary to support compliance, security reviews and legitimate business requirements.

Verification Documents

Documents collected during identity verification may also be retained for as long as required by applicable laws or legitimate business purposes.

S91 reserves the right to cooperate with regulatory authorities when required by law and may take action against accounts involved in fraudulent, illegal or money laundering activities.

Cooperation with Regulatory Authorities

Where legally required, S91 may cooperate with relevant regulatory authorities in connection with compliance matters and Platform activities.

Fraudulent or Illegal Activity

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

User Responsibility

Users should provide accurate information when requested for verification and use S91 only for legitimate activities. Failure to comply with applicable Platform requirements may result in restrictions or other account measures.

S91 may update its AML & KYC Policy from time to time. Users should refer to the latest version published on the Platform for the current policy.

Latest Policy Version

The latest version of the S91 AML & KYC Policy will remain available on the Platform. Users should review the published policy periodically for relevant updates.

What does AML mean on S91?

AML means Anti-Money Laundering. S91 uses AML-related 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. It refers to identity verification that S91 may request before allowing access to certain Platform services.

Does S91 require KYC for every user?

The policy states that S91 may request identity verification before allowing access to certain services. It does not state that every user will always be required to complete KYC.

Can KYC be required before an S91 withdrawal?

Yes. Withdrawals are specifically identified as one of the services for which S91 may request identity verification.

What documents can S91 request for 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 verification may have limited access to certain Platform features.

What transactions may S91 monitor?

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

What happens if S91 detects suspicious activity?

S91 may request additional documents, delay transaction processing, reject withdrawals, temporarily freeze accounts or suspend Platform access.

Does S91 retain KYC documents?

S91 may retain verification documents and transaction records 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.

Can an account be terminated for money laundering or fraud?

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

Can the S91 AML & KYC Policy change?

Yes. S91 may update the policy from time to time, with the latest version made available on the Platform.