Olympia KYC & AML Policy

Olympia applies KYC and AML procedures to confirm the identity of each account holder, prevent fraud, and combat financial crime in accordance with Australian regulatory requirements. These procedures underpin the following commitments to all users:

• Fair play and equal conditions across all platform activity;
• User safety through verified account access and identity protection;
• Transparency in how personal data is collected, stored, and used;
• Full compliance with applicable Australian laws and licensing obligations.

Every new user registered on Olympia is required to complete ID verification before accessing certain features or processing withdrawals. During this process, the following categories of documents may be requested:

• A valid, government-issued photo ID (such as a passport, driver licence, or national identity card);
• Proof of residential address (such as a recent utility bill or official correspondence);
• Confirmation of ownership of the payment method used for deposits or withdrawals.

Olympia implements a structured set of controls to detect, prevent, and respond to money laundering, terrorism financing, and other forms of financial misconduct. The following security measures are applied across the platform:

• Continuous transaction monitoring and behavioural activity analysis;
• Automated detection rules that flag irregular or suspicious patterns;
• Enhanced due diligence procedures applied to high-risk accounts or transactions;
• Manual review of large or unusual fund transfers that fall outside normal parameters;
• Risk scoring assigned to accounts based on verified user data and activity history;
• Screening against international sanctions lists and politically exposed persons (PEP) databases;
• Reporting of suspicious activity to the Australian Transaction Reports and Analysis Centre (AUSTRAC) and other competent authorities where required.

To support the integrity of KYC and AML obligations, Olympia enforces strict account protection rules that apply to all registered users. The following actions are expressly prohibited:

• Creating or operating multiple accounts under the same or different identities;
• Submitting forged, altered, or stolen identity documents during the verification process;
• Conducting transactions intended to conceal the origin or ownership of funds;
• Manipulating platform systems, games, or betting mechanisms in any way;
• Sharing, selling, or transferring account access to any third party;
• Using payment instruments that are not registered in the account holder's name;
• Providing false or misleading information at any stage of registration or document submission.

Any breach of KYC or AML obligations constitutes a serious violation of Olympia’s terms and applicable law, and will result in immediate enforcement action. Depending on the nature and severity of the breach, measures may include temporary or permanent account suspension, freezing or confiscation of funds linked to suspicious activity, cancellation of bets or associated winnings, and reporting to AUSTRAC or other relevant authorities where applicable.

All users registered on Olympia are required to provide accurate, complete, and up-to-date personal data at the time of registration and throughout the life of their account. Verification must be completed within the timeframes specified by the platform, and users are expected to respond promptly to any requests for additional documentation or clarification. Each account holder must use only payment methods that are registered in their own name, as the use of third-party instruments is a direct violation of platform policy. Users are also responsible for maintaining the confidentiality of their account credentials and reporting any suspicious activity or unauthorised access without delay. Cooperation with Olympia’s compliance team during any review or investigation is a mandatory obligation for all registered users.

Olympia is committed to maintaining fair play and full transparency as foundational principles of a safe and trustworthy platform for all users in Australia. The following standards govern the platform’s approach to user safety and compliance:

• Full adherence to KYC and AML standards as required under Australian law;
• Confidential handling and protection of all personal data in line with applicable privacy legislation;
• Ongoing monitoring of account activity to detect and address suspicious behaviour;
• Active prevention of manipulation, collusion, or any form of unfair conduct;
• Dedicated user support for safety-related queries and compliance concerns;
• Shared responsibility between the platform and its users to uphold a secure environment;
• Equal conditions and consistent application of rules for every registered account holder.