BC Poker AML Policy – Anti-Money Laundering Compliance
This document describes BC Poker’s obligations under its Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) framework. BC Poker operates under a licence issued by Anjouan Licensing Services Inc. (ALSI) and applies AML procedures consistent with the recommendations of the Financial Action Task Force (FATF). The policy covers how the BC Poker site identifies, prevents, and reports suspicious financial activity across all account types and transaction channels.
What Is Money Laundering and Why BC Poker Combats It
Money laundering in an online poker context typically involves three stages: placing illicit funds into the platform through deposits, layering them through gameplay – including deliberate losses in controlled situations to obscure the origin of the funds – and then extracting the balance as apparently legitimate winnings.
BC Poker is required under its licence to actively prevent the platform from being used as a channel for this activity. This includes identifying accounts and transactions that present laundering risk, restricting or suspending operations where indicators are present, and reporting confirmed or suspected activity to the relevant authorities as required by the licensing framework.
BC Poker’s AML Risk Assessment Framework
Every player and transaction on BC Poker is subject to risk evaluation. The platform assigns a risk level based on a combination of factors:
- jurisdiction of account registration and IP address – accounts associated with FATF-blacklisted jurisdictions are blocked automatically at the registration stage;
- source and type of deposited funds – crypto and fiat transactions are assessed separately against expected activity profiles.
- transaction volume and frequency relative to the account’s gameplay history.
- behavioral patterns – deposit-to-withdrawal ratios, game selection, and session activity compared against baseline profiles.
Risk assessment runs through both automated monitoring systems operating in real time and manual review procedures applied to accounts or transactions that trigger elevated risk signals. High-risk accounts may be subject to enhanced due diligence before transactions are processed.
Transaction Monitoring at BC Poker
All deposits and withdrawals are subject to automated monitoring. The system checks each transaction against a set of risk indicators, including:
- large deposits with no prior gameplay history on the account;
- structured transactions – multiple smaller deposits below threshold values that appear designed to avoid automatic review;
- a significant imbalance between the volume of funds deposited and actual gameplay activity, followed by a withdrawal request;
- rapid deposit-withdrawal cycles with minimal game time between them.
When a transaction triggers one or more of these indicators, it may be held pending manual review. The account may also be restricted during the review period. BC Poker does not disclose the specific thresholds or criteria used for monitoring to prevent circumvention of the system.
Suspicious Activity Reporting
Where BC Poker’s compliance team identifies indicators of money laundering or terrorist financing, the platform is obligated to file a Suspicious Activity Report (SAR) with the appropriate authority as required under its ALSI licence.
The player whose account or transactions are the subject of a SAR is not notified of the report. Disclosing the existence of a SAR to the subject, known as “tipping off,” is prohibited under standard AML compliance frameworks and may itself constitute a criminal offence in relevant jurisdictions. Account restrictions related to an ongoing review may be applied without specific explanation to the user.
Source of Funds Verification
BC Poker may request documentation confirming the source of funds deposited into an account under the following conditions:
- deposits that exceed internal volume thresholds for an account’s verified activity level;
- withdrawal requests above certain amounts, particularly where the funds deposited have not been subject to significant gameplay;
- account activity patterns that are inconsistent with the player’s declared profile or prior history.
Acceptable source of funds documentation includes:
- bank statements showing the origin of fiat funds;
- employment income confirmation or business revenue records;
- for cryptocurrency deposits: documentation of the original acquisition of the crypto asset, such as exchange records or mining records.
If a player does not provide requested documentation within the timeframe specified by BC Poker, the account and associated transactions will remain suspended until the verification is completed. BC Poker will not process withdrawals from accounts under active source of funds review.
Record-Keeping Requirements
BC Poker maintains records of all transactions, KYC verification outcomes, and AML-related reports for the period specified by its licensing authority. The retention requirement covers:
- deposit and withdrawal transaction records including amounts, methods, timestamps, and wallet or account identifiers;
- KYC documentation submitted by players, including identity documents and source of funds materials;
- internal AML reports and any SARs filed with the licensing authority.
These records are maintained for compliance purposes and may be disclosed to the ALSI licensing body or other competent authorities upon lawful request. Record retention under this policy is a separate obligation from BC Poker’s data privacy commitments – regulatory compliance records are retained according to AML requirements regardless of general data deletion requests.
