This document outlines the Anti-Money Laundering (AML) and Know Your Customer (KYC) policy of Mohammedan Sporting Club Dhaka.
It describes how the club verifies identity, monitors financial integrity, prevents illegal activities, and follows national and international compliance standards. β½π§π©
ποΈ 1. Purpose of the AML & KYC Policy
Mohammedan SC Dhaka is committed to promoting transparency, integrity, and responsible financial management across all club operations.
This AML & KYC Policy aims to prevent:
- π° Money laundering attempts using club services or financial tools;
- π Terrorist financing or illegal fund transfers;
- π€ Identity fraud in membership or ticketing;
- π¦ Unauthorized transactions related to sponsorships or donations;
- ποΈ Fraudulent use of ticket sales, merchandise, or event registration.
The policy applies to members, players, staff, ticket buyers, donors, sponsors, academy participants, and any individual engaging in financial or contractual transactions with the club.
π 2. Scope of AML & KYC Implementation
This policy covers all activities that involve financial or identity-sensitive operations, including:
- π Membership applications and renewals;
- π« Ticket purchases and stadium access control;
- ποΈ Official merchandise purchases;
- π Academy or training program registrations;
- π’ Sponsorship or partnership agreements;
- π΅ Donations, fundraisers, financial aid programs;
- πΌ Player transfers, contracts, and salary disbursements.
π§Ύ 3. What Information We Collect (KYC Requirements)
To verify the identity of individuals engaging with Mohammedan SC Dhaka, the following information may be collected:
| Category | Examples | Who Provides It |
|---|---|---|
| π§ Full Name | Legal name, parentβs name (if required) | Members, ticket buyers, players, sponsors |
| π§ Contact Details | Email, phone, current address | All users in registration systems |
| πͺͺ ID Verification | NID/Passport/Driving License copies | Academy applicants, sponsors, donors |
| π Financial Records | Invoices, transaction logs, receipts | Anyone engaging in payment activity |
| π¦ Payment Method | MFS (bKash/Nagad), bank transfer proof, card receipts | Ticket buyers, donors, shop customers |
| β½ Sports Data (for players) | Contract, salary, medical clearance | Signed players and staff |
π 4. AML Monitoring & Compliance Process
Mohammedan SC Dhaka performs continuous AML checks to detect suspicious or unauthorized transactions.
π Monitoring Methods Include:
- π Transaction analysis for unusually large or irregular payments;
- π΅οΈ Pattern detection for repeated cancelled orders or refunds;
- πΌ Sponsorship and donation verification to prevent illicit funding;
- π Document cross-checking with national databases;
- π³ Ensuring all payments are traceable and compliant.
π¨ Red Flags (Examples)
- Multiple high-value payments from unrelated individuals;
- Donations with no clear source or purpose;
- Attempts to bypass ID verification;
- Use of forged or altered documents;
- Suspicious bulk ticket purchases through third parties.
π 5. How We Store & Protect AML/KYC Data
All collected information is stored securely using encrypted systems, limited-access databases, and strict administrative controls.
| Protection Type | Description |
|---|---|
| π Data Encryption | All sensitive records stored using industry-grade encryption. |
| π Access Control | Only authorized club officials can view KYC/AML files. |
| π Segregated Databases | Player data, ticketing data, and sponsor data stored separately. |
| π§― Incident Response | Systems regularly monitored for unauthorized access attempts. |
| π§ Staff Training | Employees undergo AML/KYC compliance workshops yearly. |
π 6. Data Retention & Deletion
The club retains AML/KYC information only as long as necessary:
- π Membership & ticketing data: kept for 24β36 months;
- π§Ύ Financial logs: retained for 7 years (audit/legal compliance);
- π Player contracts: stored for the entire contract period + 5 years;
- ποΈ Upon request and eligibility, data is safely deleted or anonymized.
βοΈ 7. Your Rights Under AML & KYC Rules
Individuals interacting with Mohammedan SC Dhaka have the following rights related to their personal data:
- π Request access to your submitted KYC information;
- β»οΈ Request correction of inaccurate data;
- π§Ή Request deletion where permitted by law;
- π« Object to further processing (case-dependent);
- βοΈ Submit complaints to club officials or regulatory authorities.
π§Ύ 8. AML & KYC Responsibilities of Stakeholders
Different stakeholders aligned with Mohammedan SC Dhaka share responsibilities under this policy:
| Stakeholder | Responsibility |
|---|---|
| ποΈ Members | Provide accurate ID and payment details during registration. |
| π« Ticket Buyers | Avoid reselling or using third-party payment methods suspiciously. |
| πΌ Sponsors | Submit verification documents and answer financial source questions. |
| β½ Players & Agents | Follow transfer compliance, disclose official contracts only. |
| π’ Club Staff | Enforce AML/KYC procedures and report suspicious activity. |
π οΈ 9. How We Handle Suspected Violations
If fraudulent behavior or policy violation is suspected:
- π Immediate internal review of transactions and documents;
- π Temporary suspension of membership, account, or contract;
- β οΈ Mandatory reporting to relevant authorities if legally required;
- π§Ύ Preservation of logs and evidence for investigation.
β Frequently Asked Questions (FAQ)
1) Why does Mohammedan SC Dhaka need AML & KYC?
To protect the club from fraud, ensure financial transparency, and comply with Bangladeshi and international financial regulations.
2) Do I need to verify my identity to buy tickets?
Basic verification may be required for large-quantity purchases or digital payments.
3) How does the club store my documents?
Secure encrypted databases with restricted internal access.
4) Can I refuse to provide KYC details?
If you decline verification, certain services (membership, sponsorship, high-value transactions) cannot be completed.
5) How long does verification take?
Typically 24β72 hours depending on document clarity.
6) Does the club share KYC data with third parties?
Only when legally required or for official audits β never for marketing or sales.
7) Is this policy aligned with Bangladesh law?
Yes β the policy aligns with Bangladesh Financial Intelligence Unit (BFIU) guidelines.
π¬ Contact for AML/KYC Queries
| Department | Purpose | |
|---|---|---|
| Compliance Office | [email protected] | AML monitoring, suspicious transaction reporting |
| Membership Desk | [email protected] | KYC verification documents |
| General Support | [email protected] | General AML/KYC questions |