AML/KYC Policy

Anti-Money Laundering and Know Your Customer procedures ensuring compliance with UK financial regulations, international AML standards, and payment processor requirements.

Policy Statement

CASH.BH LTD (Company No. 14298863), operating POPS.GG, is committed to preventing money laundering, terrorist financing, and other financial crimes. We maintain strict AML/KYC procedures in compliance with:

  • UK Money Laundering Regulations 2017 (as amended)
  • Financial Action Task Force (FATF) Recommendations
  • EU 5th Anti-Money Laundering Directive (5AMLD)
  • Payment Services Regulations 2017
  • Counter-Terrorism and Border Security Act 2019

Three-Level Verification Process

All B2B clients undergo comprehensive multi-level verification before account activation

Level 1: Business Entity Verification

1-2 business days
  • Valid company registration certificate
  • Certificate of Incorporation or equivalent
  • Proof of registered office address
  • Company registration number verification
  • Verification through official government registry (Companies House for UK)

Level 2: Beneficial Ownership Disclosure

2-3 business days
  • Identification of all beneficial owners (>25% ownership)
  • Government-issued photo ID for each beneficial owner
  • Proof of address for each beneficial owner (utility bill, bank statement)
  • Corporate structure documentation
  • Source of funds declaration

Level 3: Enhanced Due Diligence

3-5 business days
  • Business model and revenue stream documentation
  • Bank account verification (business account in company name)
  • Tax registration documents (VAT, Tax ID)
  • Financial statements or business projections
  • References from existing business partners or financial institutions

Identity Verification Procedures

Comprehensive identity checks for all clients and beneficial owners

Document Verification

  • •Government-issued photo ID (passport, national ID card, driver's license)
  • •Proof of address (dated within last 3 months)
  • •Document authenticity verification using third-party services
  • •Biometric verification when required
  • •Cross-reference against international sanctions lists

Business Verification

  • •Company registration verification via official registries
  • •Director and officer identification and verification
  • •Business address verification
  • •Business phone and email verification
  • •Website domain ownership verification

Financial Verification

  • •Bank account ownership verification
  • •Payment processor account verification
  • •Transaction monitoring and pattern analysis
  • •Source of funds verification
  • •Ongoing transaction screening

Anti-Money Laundering Measures

Comprehensive AML controls to prevent financial crimes

Customer Risk Assessment

All clients are assigned a risk level based on business type, transaction volume, geographic location, and ownership structure. Enhanced monitoring applies to high-risk clients.

Sanctions Screening

Real-time screening against OFAC, UN, EU, and UK sanctions lists. All beneficial owners and authorized representatives are screened before account activation.

Transaction Monitoring

Automated monitoring of all transactions for suspicious patterns, unusual activity, or potential money laundering indicators. Alerts trigger immediate manual review.

Politically Exposed Persons (PEP)

Enhanced due diligence for clients identified as PEPs or close associates of PEPs. Additional documentation and senior management approval required.

Ongoing Monitoring

Continuous monitoring of client activity, periodic re-verification of documentation, and updated risk assessments based on transaction patterns and business changes.

Suspicious Activity Reporting

Mandatory reporting to relevant authorities (FCA, NCA) for any suspicious transactions or activities that may indicate money laundering or terrorist financing.

Prohibited Business Activities

POPS.GG does NOT provide services to businesses engaged in the following activities:

✕Cryptocurrency trading or exchange services
✕High-risk financial services (forex, binary options)
✕Online gambling or betting services
✕Adult entertainment or explicit content
✕Illegal or unlicensed pharmaceutical sales
✕Weapons, ammunition, or explosives
✕Counterfeit goods or services
✕Pyramid schemes or multi-level marketing
✕Anonymous payment services or mixing services
✕Shell companies or entities with no legitimate business purpose
✕Sanctioned countries, entities, or individuals
✕Any activity facilitating money laundering or terrorist financing

Any client found engaging in prohibited activities will have their account immediately suspended and relevant authorities notified.

Document Retention Policy

We maintain comprehensive records in compliance with UK AML regulations

Identity Documents

5 years after business relationship ends

Copies of all identity documents, proof of address, and verification records

Transaction Records

5 years from transaction date

Complete records of all financial transactions, including dates, amounts, and parties involved

Due Diligence Records

5 years after business relationship ends

Risk assessments, enhanced due diligence documentation, and business verification records

Communications

5 years from date of communication

All business communications, correspondence, and account-related discussions

Regulatory Reporting & Compliance

Suspicious Activity Reports (SARs)

We file SARs with the National Crime Agency (NCA) for any suspicious transactions or activities that may indicate money laundering, terrorist financing, or other financial crimes.

  • Immediate reporting of suspicious activities
  • Cooperation with law enforcement investigations
  • Tipping off prevention procedures

International Compliance

In addition to UK regulations, we comply with international AML standards including FATF recommendations and cooperate with international law enforcement agencies when required.

Staff Training & Compliance

All staff members receive regular AML/KYC training and are required to complete annual compliance certifications. A designated Money Laundering Reporting Officer (MLRO) oversees all compliance activities.

AML/KYC Questions or Concerns?

Our compliance team is available to answer questions about our AML/KYC procedures and verification requirements.

Compliance Email: compliance@pops.gg

General Support: support@pops.gg

Contact Compliance Team