Stake KYC and AML Policy

Stake applies KYC and AML procedures to confirm user identities, prevent fraud, and uphold standards that protect both individual account holders and the wider platform community. The following guarantees form the foundation of this commitment:

• Fair Play: All users operate under the same verified conditions, ensuring no party gains an unfair advantage through falsified or unverified credentials.
• User Safety: Identity verification and transaction monitoring serve as active layers of account protection against unauthorised access and misuse.
• Transparency: Users are informed of the procedures that govern their accounts, with no hidden processes or undisclosed data handling.
• Regulatory Compliance: All KYC and AML measures align with applicable regulatory requirements and reporting obligations under Indian and international frameworks.
• Prevention of Financial Crime: Controls are in place to detect and stop money laundering, terrorist financing, and other forms of financial misconduct before they affect the platform.

Every new user on Stake is required to complete a full ID verification process before accessing certain platform features or processing withdrawals. The following categories of documents may be requested during this process:

• Government-Issued Photo Identification: A valid passport, Aadhaar card, PAN card, voter ID, or driving licence may be submitted as proof of identity.
• Proof of Address: Official documents such as utility bills, bank statements, or government correspondence that confirm the user’s current residential address may be required.
• Payment Method Ownership Confirmation: Users may be asked to provide evidence that the payment instrument used for deposits or withdrawals is registered in their name.
• Source of Funds Documentation: In certain cases, supporting documents may be requested to verify the origin of funds used on the platform.
• Additional Personal Data: Depending on the user’s activity level or account history, further documentation may be requested as part of enhanced due diligence procedures.

Stake maintains a comprehensive set of controls designed to prevent money laundering, counter-terrorism financing, and other forms of illegal financial activity on the platform. The following security measures are in active operation:

• Transaction Monitoring: All deposits, withdrawals, and in-platform transfers are subject to continuous monitoring to identify patterns associated with suspicious activity.
• Automated Detection Systems: Rule-based and algorithmic tools flag transactions that deviate from expected user behaviour or exceed defined risk thresholds.
• Enhanced Due Diligence: High-risk events, including sudden increases in deposit frequency or large fund movements, trigger a deeper review of the account holder’s profile and activity.
• Review of Large and Unusual Transfers: Any transaction deemed disproportionate to a user’s established activity profile is subject to manual review and assessment.
• Risk Scoring: Each account is assigned a risk score based on activity patterns, geographic factors, and verification status, which determines the level of ongoing scrutiny applied.
• Sanctions and PEP Screening: All users are screened against relevant sanctions lists and databases of Politically Exposed Persons (PEPs) at registration and on an ongoing basis.
• Reporting Obligations: Where credible evidence of financial crime is identified, Stake is obligated to file reports with competent authorities in accordance with applicable law.

Stake enforces a set of platform restrictions that directly support its KYC and AML obligations, ensuring the integrity of the environment for all verified users. The following actions are strictly prohibited:

• Multi-Accounting: Creating or operating more than one account on the platform is not permitted under any circumstances.
• Submission of Forged or Stolen Documents: Providing falsified, altered, or unlawfully obtained identification or address documents during the verification process is a serious violation.
• Laundering Attempts: Any deliberate attempt to use the platform to conceal, transfer, or legitimise funds derived from criminal activity is expressly forbidden.
• System Manipulation: Attempting to exploit platform systems, payment processes, or verification workflows in an unauthorised manner is prohibited.
• Account Access Sharing or Sale: Transferring, lending, selling, or otherwise granting access to an account to another individual is not allowed.
• Use of Third-Party Payment Instruments: Depositing or withdrawing funds using payment methods not registered in the account holder’s own name is prohibited.
• Identity Misrepresentation: Providing false personal data, impersonating another individual, or deliberately obscuring one’s identity during any stage of registration or verification is a direct violation of platform policy.

Any confirmed or suspected violation of the KYC and AML policy will result in enforcement action proportionate to the nature and severity of the breach. Measures that may be applied include temporary or permanent account suspension, freezing or confiscation of funds linked to suspicious activity, cancellation of bets or associated winnings, and reporting to competent authorities where applicable under Indian or international regulatory requirements.

Every account holder on Stake bears a personal responsibility to support the platform’s KYC and AML framework through accurate and timely cooperation. Users are required to provide truthful, current, and complete personal data at the time of registration and to update this information promptly whenever circumstances change. All identity and address documentation submitted must be valid, legible, and belong to the account holder personally. Users must complete the ID verification process within the timeframe specified and respond to any requests for additional documentation without undue delay. Only payment methods registered in the account holder’s own name may be used for deposits and withdrawals. Any activity or communications encountered through the platform that appear suspicious in nature should be reported to the Stake support team at the earliest opportunity.

Stake upholds the principles of fair play and transparency as foundational commitments, ensuring the platform remains a secure environment where all users are treated equitably and in accordance with regulatory standards. The following principles govern the platform’s approach:

• Adherence to KYC and AML Standards: All verification and monitoring procedures are applied consistently and in full compliance with applicable regulatory requirements.
• Confidentiality and Protection of Personal Data: All personal data collected during the verification process is handled with strict confidentiality and in accordance with applicable data protection laws.
• Continuous Monitoring for Suspicious Activity: Ongoing transaction monitoring ensures that any irregular patterns are identified and addressed without delay.
• Prevention of Manipulation and Unfair Conduct: Security measures are maintained to detect and prevent any form of system manipulation, fraudulent behaviour, or abuse of platform processes.
• User Support on Safety and Compliance Matters: Dedicated support is available to assist account holders with questions related to verification, account protection, and compliance procedures.
• Shared Responsibility: Maintaining a safe and compliant platform is a responsibility shared between Stake and its users, with both parties expected to act in good faith at all times.
• Equal Conditions for All Users: KYC and AML procedures are applied uniformly across all accounts, ensuring that no user receives preferential treatment or is exempt from standard verification obligations.