Chargify Technology FZE
Registered in Sharjah, United Arab Emirates
1. Introduction
Chargify Technology FZE, operating the platform Gamzio.com, is a company incorporated under the laws of the Emirate of Sharjah, United Arab Emirates. The Company is fully committed to conducting its business in compliance with all applicable laws and regulations regarding Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and sanctions enforcement.
This AML Policy outlines the internal policies, procedures, and controls established by the Company to prevent the misuse of its platform for money laundering, terrorism financing, fraud, or other illicit activities. The Company’s AML program aligns with global regulatory standards, including the Bank Secrecy Act (BSA) and guidance issued by FinCEN, as well as OFAC sanctions programs.
2. Policy Objective
The objective of this policy is to:
Detect and prevent money laundering and terrorist financing activities.
Comply with all applicable AML, CTF, and sanctions-related laws and regulations.
Protect the Company, its users, and the financial system from criminal abuse.
Promote a risk-based approach to Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD).
Maintain transparent and compliant operations.
3. Scope
This AML Policy applies to:
All users and account holders of Gamzio.com.
All employees, officers, directors, consultants, and contractors of Chargify Technology FZE.
4. Know Your Customer (KYC) & Due Diligence
As part of its compliance program, the Company has implemented a risk-based KYC program designed to establish the identity of customers and assess potential risk. Key KYC measures include:
Identity Verification: Collecting and verifying identifying information from all users.
Customer Risk Profiling: Assigning users to risk-based tiers to determine the level of due diligence required.
Customer Due Diligence (CDD): Conducted for all users to confirm their identity and assess potential risks.
Enhanced Due Diligence (EDD): Applied to users with higher risk profiles or unusual activity.
Additional Information Requests: As part of the KYC process, the Company may request further documentation to verify:
Proof of Address, such as utility bills, bank statements, or government-issued documents showing the user’s residential address.
Payment Information, including payment method details, source of funds, or transaction history, to ensure legitimacy and traceability of payments made through the platform.
5. Monitoring & Reporting
The Company utilizes rule-based transaction monitoring systems to identify suspicious activities, supported by blockchain analytics tools to trace digital asset movements. Activities that appear inconsistent with a user’s profile or raise red flags are subject to internal review.
Where appropriate, the Company will:
File Suspicious Activity Reports (SARs) when there is knowledge, suspicion, or reason to suspect that a transaction may involve criminal activity.
Maintain comprehensive records and documentation for all SARs.
Cooperate with law enforcement and respond to regulatory inquiries or requests.
6. OFAC and Sanctions Compliance
Gamzio has adopted robust policies and procedures to comply with Office of Foreign Assets Control (OFAC) regulations. The Company:
Screens all users against relevant sanctions lists, including the Specially Designated Nationals (SDN) list.
Blocks transactions involving sanctioned individuals or entities.
Actively works to prevent evasion or circumvention of U.S. or international sanctions programs.
7. Training & Awareness
The Company provides company-wide AML, BSA, and OFAC training to all relevant personnel to ensure awareness of regulatory requirements and internal responsibilities. Training is updated regularly and includes:
AML/CTF laws and obligations.
Identifying and reporting suspicious activity.
Understanding sanctions compliance.
8. Fraud Prevention & Internal Controls
To further protect the platform, Gamzio employs various anti-fraud systems, including:
Transaction pattern analysis.
Account behavior monitoring.
Multi-level verification processes.
Internal audits and controls are in place to ensure ongoing compliance and operational integrity.
9. Recordkeeping
In accordance with regulatory requirements, the Company retains:
All customer identification records.
Due diligence documentation.
SAR filings and related evidence.
Transaction logs and monitoring reports.
10. Policy Review
This AML Policy is reviewed at least annually or whenever significant regulatory or operational changes occur. Updates are made to ensure the policy remains compliant with applicable laws and reflects current industry best practices.
11. Conclusion
Chargify Technology FZE is committed to maintaining a secure, compliant, and trustworthy platform through the implementation of rigorous AML and compliance procedures. All users and staff are expected to adhere strictly to this policy to help protect the platform from illicit use and uphold the integrity of the digital financial ecosystem.