Snorix OÜ, a company incorporated in Estonia with a company number 17233872 (“BoostMatch”), is committed to contributing to international efforts to prevent financial economic crime and to comply with applicable laws, regulations, and standards particularly relating to compliance Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF) rules and regulations.
This document outlines BoostMatch’s compliance policy with the EU Anti-Money Laundering and Counter-Terrorist Financing framework and other applicable EU directives and regulations related to the prevention of money laundering and terrorist financing. This document should be considered in conjunction with the General Terms and Conditions, Rules for Coaches, Privacy Policy and Cookie Policy. All definitions contained in the General Terms and Conditions shall apply to this document.
BoostMatch’s prevention framework includes the following key elements:
BoostMatch applies a risk-based approach to its money laundering and terrorist financing risk assessment process when identifying, mitigating and managing the risk of abusing the Services offered by BoostMatch in order to launder money or finance terrorism. This ensures that the risks of misuse of its Services are identified, mitigated, and effectively managed.
This is achieved by:
All Coach Accounts are subject to verification process designed to confirm their identity. This involves validating and verifying key personal details.
BoostMatch has the right to request from Coaches certain Personal Data necessary for identification and verification purposes. Such Personal Data may include the Coach’s full name, residential address, date of birth, and other non-sensitive information required to confirm the Coach’s identity and residency. Coach that fails verification checks, or where incorrect or misleading information is provided, will not have their Account created or will be further suspended from registering an Account.
Following completion of User verification, BoostMatch may, at its sole discretion, refuse to provide access to the Platform if there are reasonable grounds to suspect that the Platform may be used for unlawful purposes.
All Users are subject to standard ongoing due diligence and monitoring processes throughout the lifetime of the business relationship. BoostMatch takes proactive steps to ensure that User’s information remains accurate and up-to-date, and may request updated documentation or details from time to time.
BoostMatch maintains procedures to identify and escalate suspicions of money laundering, terrorist financing, or proliferation financing activity. Designated personnel are responsible for investigating such cases and submitting suspicious activity reports to the competent authority in a timely manner, in accordance with applicable laws and regulations.
BoostMatch recognises that employees can present potential risks and, accordingly, applies appropriate mitigation measures. These include pre-employment due diligence checks, ongoing monitoring, and mandatory training programmes to ensure staff remain informed about AML/CTF compliance obligations.
BoostMatch maintains comprehensive and auditable records to support the detection, prevention, and reporting of suspicious activity. Transaction logs are retained securely in electronic form, together with User identification documents, for at least five years after the end of the business relationship or the last User activity, in line with applicable legal requirements.