Stake KYC and AML Policy

Stake applies KYC and AML procedures to confirm user identities, prevent fraud, and uphold its obligations under applicable financial crime regulations in India. These measures are designed to protect every account holder and ensure the integrity of all transactions on the platform.

The following principles guide the application of these procedures:

• Ensuring fair play for all registered users
• Protecting user safety and personal data at every stage
• Maintaining full transparency in account and transaction management
• Meeting all applicable regulatory requirements under Indian and international law
• Preventing the misuse of the platform for unlawful financial activity

Every new user on the platform is required to complete an ID verification process before accessing the full range of features, including deposits, withdrawals, and betting activity. The following categories of documents may be requested during the identity check process:

• A valid government-issued photo identification document, such as a passport, Aadhaar card, voter ID, or driving licence
• Proof of residential address, such as a recent utility bill, bank statement, or government correspondence dated within the last three months
• Confirmation of ownership of the payment method used for transactions on the platform, which may include bank account details or digital wallet documentation

Stake reserves the right to request additional documentation at any point where the verification of an account holder’s identity or the source of funds requires further review.

Stake maintains a comprehensive set of security measures designed to detect, prevent, and report money laundering, terrorist financing, and other forms of financial crime. The following controls are in place across the platform:

• Continuous transaction monitoring to identify irregular or suspicious activity in user accounts
• Automated detection rules that flag unusual patterns, including atypical deposit and withdrawal behaviour
• Enhanced due diligence procedures applied to high-risk accounts, events, or user profiles
• Structured review processes for large or unexplained fund transfers that fall outside established parameters
• Risk scoring applied to accounts and transactions based on behavioural and contextual indicators
• Screening of users against international sanctions lists and Politically Exposed Persons (PEP) databases
• Mandatory reporting obligations fulfilled with competent authorities, including financial intelligence units, where suspicious activity is identified

Certain actions are strictly prohibited on the platform in order to support regulatory requirements and protect the security of all users. Engaging in any of the following activities will be treated as a serious breach of platform policy:

• Creating or operating multiple accounts under the same or different identities (multi-accounting)
• Submitting forged, altered, or stolen documents during the document submission or ID verification process
• Conducting or attempting to conduct money laundering through deposit, wagering, or withdrawal activity
• Manipulating platform systems, betting markets, or outcomes in any manner
• Sharing, transferring, or selling account access to any third party
• Using payment instruments, cards, or accounts that belong to another individual
• Providing false, incomplete, or misleading personal data at any point during registration or verification

Any breach of KYC or AML obligations, or any engagement in prohibited activities, will result in immediate enforcement action by the platform. Measures may include temporary or permanent account suspension, freezing or confiscation of funds linked to suspicious activity, cancellation of bets or winnings associated with the violation, and reporting to competent regulatory or law enforcement authorities where applicable under Indian law.

Each account holder is required to provide accurate, complete, and up-to-date personal data at the time of registration and throughout the duration of their account. Users must complete the ID verification process within the timeframes specified by the platform and respond promptly to any requests for additional documents or information. All transactions must be conducted exclusively through payment methods owned and controlled by the registered account holder, and the use of third-party financial instruments is not permitted. In the event that a user becomes aware of any suspicious or unauthorised activity connected to their account, they are required to report this to the platform without delay. Failure to fulfil these responsibilities may result in the suspension of account access and the initiation of further compliance review procedures.

Stake is committed to upholding fair play and transparency across all aspects of its operations in order to protect users and maintain a safe, lawful environment for all registered participants. The following principles underpin the platform’s approach to user safety and compliance:

• Full adherence to applicable KYC and AML standards as required by regulatory authorities
• Strict confidentiality and lawful protection of all personal data collected during verification processes
• Ongoing monitoring for suspicious activity to safeguard the integrity of the platform
• Active prevention of account manipulation, collusion, and any form of unfair conduct
• Dedicated user support for matters related to account security, identity check queries, and compliance concerns
• A shared responsibility model in which both the platform and the user contribute to maintaining a secure environment
• Equal application of all compliance standards and account protection measures across all registered users, without exception