Olympia KYC & AML Policy

Olympia applies Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to confirm the identity of each account holder, prevent fraudulent conduct, and deter financial crime across the platform. These measures underpin the following commitments to all users:

• Fair play: All participants operate under consistent, verified conditions.
• User safety: Personal data and account integrity are actively protected through rigorous security measures.
• Transparency: Users are informed of what is required and why, at every stage of the verification process.
• Regulatory compliance: Olympia fulfils its reporting obligations under Australian law, ensuring the platform remains lawfully licensed and accountable.

Every new user registered on Olympia is required to complete ID verification before accessing full platform features, including withdrawals. Depending on the circumstances, the following categories of documents may be requested during the identity check process:

• Government-issued photo identification: Such as a passport, driver licence, or national identity card confirming the account holder’s full name and date of birth.
• Proof of residential address: A recent utility bill, bank statement, or official correspondence confirming the user’s current address.
• Payment method verification: Documentation confirming ownership of any deposit or withdrawal method linked to the account, which may include card statements or digital wallet screenshots.

All documents submitted must be current, legible, and belong solely to the registered account holder. Olympia reserves the right to request additional documentation where further verification is deemed necessary.

Olympia maintains a dedicated framework of anti-money laundering controls designed to detect and prevent the use of the platform for unlawful financial activity. The following measures are applied on an ongoing basis:

• Transaction monitoring: All deposits, withdrawals, and wagering activity are subject to continuous review to identify irregular patterns or suspicious activity.
• Automated detection systems: Rule-based tools flag transactions or behaviours that deviate from established user profiles or expected activity thresholds.
• Enhanced due diligence: Additional scrutiny is applied to accounts involved in high-risk events, large transactions, or activity that presents elevated compliance concerns.
• Review of unusual transfers: Transfers that are disproportionate in size, frequency, or structure relative to account history are assessed by the compliance team.
• Risk scoring: Each account is assigned a risk classification based on activity patterns, geographic indicators, and verification status, with controls adjusted accordingly.
• Sanctions and PEP screening: All users are screened against international sanctions lists and politically exposed persons (PEP) databases as part of the onboarding and ongoing monitoring process.
• Regulatory reporting: Where suspicious activity meets the threshold for mandatory disclosure, Olympia fulfils its reporting obligations to AUSTRAC and other competent authorities as required under Australian law.

Certain behaviours are incompatible with Olympia’s compliance obligations and are strictly prohibited across the platform. Users must not engage in any of the following:

• Operating multiple accounts: Creating or using more than one account per individual constitutes a breach of platform rules and undermines identity verification processes.
• Submitting fraudulent or stolen documents: Providing forged, altered, or third-party identification during the document submission or ID verification process is a serious offence.
• Attempting to launder funds: Using the platform to cycle, obscure, or legitimise proceeds of criminal activity is prohibited and will be reported to the relevant authorities.
• Manipulating platform systems: Any attempt to exploit technical vulnerabilities, bonus structures, or verification procedures for financial gain is not permitted.
• Transferring or selling account access: Sharing login credentials, selling account access, or allowing another person to operate a registered account is a direct violation of account protection standards.
• Using unowned payment instruments: Depositing or withdrawing funds via payment methods not registered in the account holder’s name is prohibited.
• Misrepresenting personal data: Providing false information during registration, verification, or any subsequent communication with Olympia is grounds for immediate account action.

Breaches of this policy will result in enforcement action proportionate to the nature and severity of the violation. Measures that may be applied include temporary or permanent account suspension, freezing or confiscation of funds associated with suspicious activity, cancellation of bets or winnings connected to non-compliant conduct, and reporting to AUSTRAC or other competent authorities where applicable under Australian law.

Each user registered on Olympia bears direct responsibility for maintaining accurate and current personal data throughout their time on the platform. Verification requests must be completed promptly, and any additional documentation sought by the compliance team should be provided without undue delay. Users are required to use only payment methods that are registered in their own name and that they are lawfully authorised to operate. Where a user becomes aware of suspicious activity on their account, or has reason to believe their account credentials have been compromised, this must be reported to Olympia immediately. Failure to meet these responsibilities may affect account access and standing on the platform.

Olympia is committed to upholding fair play and transparency as foundational principles of its operation, ensuring a safe and trustworthy environment for all users. The following standards guide how the platform approaches compliance and user protection:

• Adherence to KYC and AML standards: All procedures are applied consistently and in accordance with Australian regulatory requirements.
• Confidentiality and protection of personal data: Information collected during the identity check and document submission process is handled in accordance with applicable privacy legislation.
• Ongoing monitoring for suspicious activity: The platform conducts continuous reviews to detect and address conduct that may indicate financial crime or policy breaches.
• Prevention of manipulation and unfair behaviour: Controls are in place to identify and act against any conduct that undermines the integrity of the platform.
• User support on safety matters: Account holders can raise concerns related to account protection, security measures, or responsible gaming through designated support channels.
• Shared responsibility: Maintaining a safe platform is a collective obligation shared between Olympia and each registered user.
• Equal conditions for all users: KYC and AML procedures are applied uniformly, ensuring that every account holder operates under the same verified and regulated conditions.