Yummygame is operated by Candy Factory Ltd.
Company registration number 000031826, with its registered address at 9 Barrack Rd, Belize City, Belize (referred to as the "Company"). It is licensed in the State of Anjouan under the Computer Gaming Licensing Act 007 of 2005. Candy Factory Ltd. falls within the scope of the AML obligations as per Anjouan legislation. Therefore, the senior management has implemented systems and procedures that meet the standards set forth by the relevant AML legislation in Anjouan.

Definitions of ML
Money Laundering
The process of making illegally gained proceeds appears legal. This process is generally broken down into three steps: placement, layering, and integration.

    
Placement: The process of placing unlawful proceeds into traditional financial institutions, through deposits or other avenues.
    
Layering: The process of separating proceeds of criminal activity from their origin by layers of complex financial transactions, such as converting cash into traveler’s checks, money orders, wire transfers, letters of credit, stocks, bonds, or purchasing assets.
    
Integration: Using legitimate transactions to disguise the illicit proceeds, allowing the laundered funds to be distributed back to the criminal; integrating the now clean money back into normal use.


AML (Anti-Money Laundering) policy
Candy Factory Ltd., is aware that offering services related to online gaming pose a risk for money laundering and terrorist financing. To identify, prevent, and limit the risks of money laundering and terrorist financing. Candy Factory Ltd., implemented measures, processes, and internal controls into its daily business operations, which consider the nature of the Candy Factory Ltd.’s clients and services carried out by Candy Factory Ltd., With these measures, processes, and internal controls in place Candy Factory Ltd., meets all legal requirements related to measures preventing money laundering and terrorist financing, as required by applicable Anjouan legislations. Candy Factory Ltd., has prepared AML Policy regarding the prevention of money laundering to prove its commitment for detection, prevention, and reporting to national authorities of all attempts of using Candy Factory Ltd.’s services for any kind of transaction which would meet the statutory definition of money laundering and/or terrorist financing, or which presents any other form of illegal financial transactions. AML Policy is modified and upgraded by changing legislation and good practice in the industry. The content of the AML Policy covers:

    
The internal organization of processes related to prevention of money laundering;
    
Due diligence process (also known as “Know your customer or KYC”)
    
Money laundering risk assessment;
    
Non-eligible and eligible categories of clients;
    
Enhanced due diligence measures;
    
Reporting obligations (towards competent authorities).


To comply with Anti-Money Laundering (AML) procedures, we require a 1x mandatory wager on all deposits before initiating a withdrawal request. Failure to meet this requirement may result in restrictions or denial of withdrawal until it is fulfilled. Once the one-time turnover requirement is met, users can request withdrawals based on the profit earned from their deposit.