Gambling sectors

Prevention of money laundering

The Gambling Commission has published a second edition of  Prevention of money laundering and combating the financing of terrorism guidance for remote and non-remote casinos - December 2011. This new edition:

  • takes account of amendments to the Proceeds of Crime Act 2002 which occurred after the publication of the first edition (for example, the offences contained in Part 7 of the Proceeds of Crime Act)
  • reflects changes with regard to the prescribed form for reporting suspicious activity and the cancellation of the 'Moneyweb' service by the Serious Organised Crime Agency
  • incorporates an agreed procedure for remote casinos in respect of the application of regulation 11 of the Money Laundering Regulations 2007
  • adds guidance with regard to the list of persons subject to financial restrictions, requested by HM Treasury  
  • updates and generally improve the content of the guidance.

 

Page last reviewed: December 2011

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