Wow at Big Casino :).

[rainmaker]

.


I took a quick look at Isle of Man`s code for money laundering. Just to confirm what SlotMonster has told us. They need to store data for 6 years and these data must be sufficient to identify the source and recipient of payments (which will include personal information).



12. Records of transactions

The licence holder shall establish and maintain a record of all transactions carried out by or on behalf of participants or business participants (for example, records sufficient to identify the source and recipient of payments from which investigating authorities will be able to compile an audit trail for suspected money laundering or terrorist financing) and such other records as are sufficient to demonstrate that the Money Laundering and Terrorist Financing Requirements have been complied with.

13. Retention of records

(1) A licence holder shall keep the records required by paragraph 12 for at least 6 years from the date when —

(a) the person concerned formally ceases to be participant or business participant; or

(b) if sub-paragraph (1) (a) does not apply, when the last transaction was carried out by the former participant or business participant

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(Note: "participant” means any person (other than a business participant) participating as a player in online gambling other than as a licence holder;

[P.V.]

I am not trying to be nasty to you, but your motives IMPO are questionable.

Nate

You honestly have no merit to diss me Nate.

[P.V.]

.


I took a quick look at Isle of Man`s code for money laundering. Just to confirm what SlotMonster has told us. They need to store data for 6 years and these data must be sufficient to identify the source and recipient of payments (which will include personal information).



12. Records of transactions

The licence holder shall establish and maintain a record of all transactions carried out by or on behalf of participants or business participants (for example, records sufficient to identify the source and recipient of payments from which investigating authorities will be able to compile an audit trail for suspected money laundering or terrorist financing) and such other records as are sufficient to demonstrate that the Money Laundering and Terrorist Financing Requirements have been complied with.

13. Retention of records

(1) A licence holder shall keep the records required by paragraph 12 for at least 6 years from the date when —

(a) the person concerned formally ceases to be participant or business participant; or

(b) if sub-paragraph (1) (a) does not apply, when the last transaction was carried out by the former participant or business participant

----------

(Note: "participant” means any person (other than a business participant) participating as a player in online gambling other than as a licence holder;

The only details they discuss is registration information, name address phone etc..

If you can show me details about passports etc., please do so.

[jetset]

IMO it's a shame that recent posts have tended to distract members from what started out as a positive thread giving credit where credit appears due to an operator who seems to be trying hard - and clearly enjoying some success - in serving players in a way we would all want to see more widely applied in the industry.

Encouragement is important, so I'll return to topic by saying to Viktar and his Big Casino: "keep up the good work."

[Nate]

You honestly have no merit to diss me Nate.

My intention was never to diss you P.V. My intentions are always to try and keep the peace. I was merely highlighting how your post came across - from a Neutral stance.

In any event, I do apologise if you feel that I have dissed you.

Nate

[Seventh777]

IMO it's a shame that recent posts have tended to distract members from what started out as a positive thread giving credit where credit appears due to an operator who seems to be trying hard - and clearly enjoying some success - in serving players in a way we would all want to see more widely applied in the industry.

Encouragement is important, so I'll return to topic by saying to Viktar and his Big Casino: "keep up the good work."

Aye, thanks for that, if those people with gripes about this data thing have such a beef about it why not start a new thread regarding this?.