Proposals to update the guidance for casinos on the prevention of money laundering
Start
date: 13 October 2010
End date: 12 January 2011
Number of responses received: 4
As a result of this consultation, the Gambling Commission
has now published:
Prevention of money laundering and combating the financing of
terrorism guidance for remote and non-remote casinos - December
2011
Prevention of money laundering and combating the financing of
terrorism, guidance for casinos - responses December 2011
This consultation was on proposals to publish a second edition
of the guidance for casinos on the prevention of money laundering
to:
- take account of amendments to POCA (Proceeds of Crime Act)
which occurred after the publication of the first edition (for
example, the offences contained in Part 7 of POCA)
- reflect changes with regard to the prescribed form for
reporting suspicious activity and the cancellation of the
'Moneyweb' service by the Serious Organised Crime Agency
- incorporate an agreed procedure for remote casinos in respect
of the application of regulation 11 of the Money Laundering
Regulations
- add guidance with regard to the list of persons subject to
financial restrictions, requested by HM Treasury
- update and generally improve the content of the guidance.
The original consultation document:
The prevention of money laundering second edition - Consultation -
October 2010