Money laundering is one of the biggest challenges faced by bookmakers in Brazil and around the world, and with the growth of the iGaming market, increasing security and ensuring that operations follow regulations becomes a priority. And this is a concern for Legitimuz.
In this scenario, recently, the Prizes and Betting Secretariat of the Ministry of Finance (SPA-MF) required that companies in the sector present their policies for preventing money laundering (PLD) and terrorist financing (FT), following Law No. 14,790/2023 and Ordinance SPA/MF No. 1,143/2024.
To meet this growing demand and ensure compliance, PLD Legitimuz emerges, an automated, efficient and innovative solution to prevent money laundering in the regulated iGaming market.
Discover Legitimuz’s Money Laundering Prevention solution
PLD Legitimuz is an automated monitoring system, developed to identify suspicious behavior and prevent money laundering, in line with Ordinance No. 1,143/2024.
That is, the platform makes the compliance process more agile, accurate and scalable, minimizing human errors and ensuring compliance with regulatory requirements.
Key features include enhanced Due Diligence and Presumptive Legitimuz Income (RPL), which provide operators with a detailed profile of users.
The system also monitors transactions in real time, applies customizable rules to flag suspicious activity and generates automatic alerts. In addition, it facilitates the sending of automated reports to COAF, making the process faster and more efficient.
1. The intelligent alert system that eliminates false positives
PLD Legitimuz uses a customizable alert system that allows risk parameters to be adjusted according to the needs of each operator. With risk flags (green, yellow and red), the system categorizes suspicious transactions, reducing false positives and facilitating analysis.
The Presumed Legitimate Income (RPL) is one of the main parameters used. If a user with an RPL of R$2,000, for example, makes cumulative deposits that exceed this amount, the system triggers a risk flag, signaling the need for investigation.
Under the same logic, the persistent risk history also allows you to track user behavior over time, ensuring continuous monitoring.
2. The automated COAF reporting model that generates evidence with 1 click
One of the main advantages of PLD Legitimuz is the automation of the COAF reporting process. The system collects and compiles the necessary information, such as registration data, financial transactions and query history, generating standardized reports that meet all the requirements of SPA/MF Ordinance No. 1,143/2024.
This reporting template can be generated with just one click, saving hours of manual work and ensuring that data is always up to date.
Furthermore, the centralization of information also facilitates assertive decision-making, protecting the operator’s reputation and ensuring compliance with regulations.
3. The operator in control
Although PLD Legitimuz identifies suspicious patterns and alerts about atypical behavior, the final decision on how to proceed with the case always lies with the operator.
That is, the system is designed to provide clear and accurate information that helps compliance professionals make the best decisions, but the judgment about the severity of a case and whether it should be reported to COAF is made by the internal team.
In other words, PLD Legitimuz detects and flags suspicious transactions, but it is up to the operator to assess whether the data actually constitutes money laundering or whether it is just an atypical pattern that does not justify a report.
4. 100 brands already guarantee maximum compliance with Legitimuz
With more than 100 brands trusting its solutions, Legitimuz has established itself as a strategic partner in the iGaming market, offering the fastest KYC (Know Your Customer) in Brazil.
Additionally, Legitimuz is recognized for offering the highest approval rate in the market, helping operators identify customers efficiently without compromising security and compliance.
Now, with the implementation of the money laundering prevention (PLD) system, Legitimuz presents the most innovative and robust solution on the market, providing intelligent and continuous monitoring of suspicious transactions.
With this cutting-edge technology, operators can effectively prevent financial crimes, protecting their operations and ensuring compliance in an agile and secure manner.