Unfortunately I'm spending a little too much time going over the same stuff...
Reiterating my main points:
1) Anti-money laundering legislation varies from country to country, so because of the pseudo-anonymity of Bitcoin, we can't say which country a customer comes from until they have been verified. Therefore we set a limit of around $2000 or equivalent before we verify people.
2) If we have suspicions about a customer, we can verify them
3) We are on the SoftSwiss network and these verification limits are pretty typical for most casinos on the network (I'm going to go into the legal structure for SoftSwiss later in this post)
Yes, it is time-consuming because you make vague and false statements!
1) Direx N.V. is incorporated in Curacao and therefore only those laws are relevant for Oshi casino!
Therefore, verifying depositors if the value of their deposit exceeds $2,000 is your
personal despotism and not anyhow required by laws or authorities as you tried to explain us several times!
2) If you have what kind of suspicion?
If you did not check the identity of a depositor and did not compare his name with the list from Interpol and the value of his deposit did not exceed $2,500, how can you have a suspicion in regards to the deposits made?
3) O.k., so you do your arbitrary review not because you are obliged by Curacao laws or authorities, but because these verification limits are pretty typical for SoftSwiss.
In this case the solution is very simple: Avoid casinos on the SoftSwiss/Direx N.V. network.
Answering these questions:
Question GP: SoftSwiss is a trade name and as trade names can not sign contracts, you must have signed a contract with a legal entity = company that usually ends with N.V. or B.V. in Curacao. What is the name of the company you signed a contract with or do they really state SoftSwiss as contract partner?
Answer Oshi: 1) You are mixing up to very different areas: gambling legislation and anti-money laundering legislation.
AML legislation is criminal legislation and any country territory that wishes to issue a prosecution against a defendant and their cohort could do so. In other words if a casino such as ours was actively involved in money laundering, any individual associated with the crime could be prosecuted.
No, I do not mix up gambling legislation and anti money laundering legislation!
Opposed to your false statement, both are criminal legislation, because when you operate without a valid license then you commit several criminal offenses.
In such cases you alse breached AML laws because you laundered illegal collected money from players.
Answer Oshi: 2) In the context of gambling legislation Direx N.V. is the licence holder and therefore the legal entity responsible for maintaining the licence conditions set by Curaçao. The main licence holder will then issue sub-licences to white label partners. The issue of primary licence and sub- licences happens with many licensing jurisdictions such as UKGC (UK gambling council ).
Do you know the license conditions set by Curacao?
You say the main license holder (Direx N.V.) will then issue sub-licenses to white label partners, but Direx N.V. itself is a sub-license holder from Antillephone N.V. and not a main license holder!
The Antillephone N.V. License Validation page claims that Direx N.V. operates under the 8048/JAZ license issued to Antillephone N.V., but I asked if you have seen the physical license contract between Antillephone N.V. and Direx N.V.?
In addition, have you seen the physical license contract between the Government of Curacao and Antillephone N.V.?
I ask this because if Antillephone N.V. is not authorised to issue sub-licenses, then Direx N.V. has no valid license and then oshi.io also has no valid license!
The physical license contract is also very important, because it contains the conditions under which the licensee is allowed to legally operate.
Hence, if I want to operate an online casino legally, this is the first thing I want to see?
Question GP: Please quote the Curacao anti money laundering laws? I have $10,000 in mind that requires you to check the identity.
Answer Oshi: 1) I don't know what the Curaçao anti money laundering laws are, because it's not relevant to me/Oshi.
Oh yes, as you operate out of Curacao those laws are very well relevant for you!
Answer Oshi: 2) As I've mentioned before on a few occasions in posts here, we don't reference any specific country , because were dealing with Bitcoin and we don't know the country origins of users, therefore how can we apply anti-money laundering legislation from any given country territory to our customers? That's why we work to a general figure of $2000.
Simple, you are not obliged to apply anti money laundering laws from any given country territory.
You are only obliged to fulfil the AML laws of the country where oshi.io is incorporated = Curacao and therefore the origin of the deposit is irrelevant.
You take deposits from several countries where it is not allowed by local legislation and this confirms that you do not care about the laws of those countries.