PRIZES FOR LIFE

Legal Compliance

Our commitment to operating with integrity, transparency, and adherence to all applicable laws and regulations.

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If you have questions about our compliance policies or legal framework, our team is here to help.

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Regulatory Compliance

PRIZES FOR LIFE is committed to maintaining the highest standards of regulatory compliance. We continuously monitor changes in legislation and adapt our platform accordingly to ensure ongoing compliance with all applicable laws.

Australian Compliance

  • Interactive Gambling Act 2001 (IGA)

    Our platform operates in compliance with the IGA, which regulates online gambling services in Australia.

  • State and Territory Legislation

    We comply with relevant state and territory laws governing competitions, gaming, and prize offerings.

  • Australian Consumer Law

    Our platform adheres to the Australian Consumer Law regarding fair trading practices, consumer rights, and competition terms.

  • Anti-Money Laundering and Counter-Terrorism Financing Act

    We implement robust KYC procedures and transaction monitoring in compliance with AML/CTF requirements.

Age Verification

PRIZES FOR LIFE is strictly an 18+ platform. We implement robust age verification procedures to prevent minors from accessing our services and participating in competitions.

Verification Process

  • Age declaration during registration
  • ID verification before first withdrawal
  • Document validation through secure KYC providers
  • Periodic re-verification for high-value accounts

Enforcement Measures

  • Immediate account suspension if underage use is detected
  • Refund of deposits to underage users
  • Regular audits of verification processes
  • Continuous improvement of detection methods

Anti-Money Laundering Policy

PRIZES FOR LIFE is committed to preventing money laundering and terrorist financing. We implement comprehensive AML procedures and comply with all applicable AML/CTF regulations.

Our AML Framework

KYC Procedures

Robust identity verification for all users before processing withdrawals.

Transaction Monitoring

Automated systems to detect suspicious transaction patterns.

Risk Assessment

Regular risk assessments of users, payment methods, and jurisdictions.

Staff Training

Regular training for staff on AML/CTF requirements and red flags.

Restricted Regions

Access to PRIZES FOR LIFE is geo-restricted in regions where skill-based prize competitions are not permitted by law. We implement geo-blocking technology to prevent access from restricted jurisdictions.

Important Notice

Users are responsible for ensuring they access our platform only from jurisdictions where it is legal to do so. Attempting to circumvent geo-restrictions through VPNs or other means is strictly prohibited and may result in account termination and forfeiture of funds.

For a complete list of restricted regions, please contact our support team or refer to our Terms and Conditions.

Compliance Updates

We regularly review and update our compliance policies to ensure ongoing adherence to evolving regulatory requirements. Major updates to our compliance framework are communicated to users through our platform and via email.

Recent Updates

Enhanced KYC Procedures

May 2025

Implementation of additional verification steps for high-value accounts to strengthen our AML framework.

Updated Privacy Controls

March 2025

Enhanced user privacy controls to align with international data protection standards.

Responsible Gaming Tools

January 2025

Introduction of additional responsible gaming tools, including deposit limits and self-exclusion options.

Contact Information

If you have questions or concerns about our compliance policies or legal framework, please contact our compliance team:

Compliance Department

  • Email:compliance@prizesforlife.com
  • Phone:+61 2 1234 5678
  • Hours:Monday-Friday, 9:00 AM - 5:00 PM AEST

Legal Department

  • Email:legal@prizesforlife.com
  • Address:123 Gaming Street, Sydney NSW 2000, Australia
  • For urgent matters:+61 2 8765 4321