The Gambling Commission website uses cookies to make the site work better for you. Some of these cookies are essential to how the site functions and others are optional. Optional cookies help us remember your settings, measure your use of the site and personalise how we communicate with you. Any data collected is anonymised and we do not set optional cookies unless you consent.

Set cookie preferences

You've accepted all cookies. You can change your cookie settings at any time.

Skip to main content
  1. Licensees and businesses
  2. AML
  3. Notices
  4. Gambling Commission risk assessment published
Risk assessment

Gambling Commission risk assessment published

18 December 2020

The Gambling Commission has released its updated version of its risk Assessment of money laundering and terrorist financing in the British gambling market 2020 today and builds upon its previous 2019 publication.

This publication meets the Commission’s regulatory obligation as a statutory supervisor under The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, Regulation 17 (1).

All relevant licensees are reminded that Licence Condition 12.1.1.3 Prevention of money laundering and terrorist financing means they must:

‘ensure that such policies, procedures and controls are implemented effectively, kept under review, revised appropriately to ensure that they remain effective and take into account any applicable learning or guidelines published by the Gambling Commission from time to time.’

The 2020 Risk Assessment contains applicable learning and updated risks that gambling businesses can encounter, that increase the risk of money laundering and terrorist financing in the British gambling market and must be taken into account and effectively mitigated by licensees in their revised risk assessments.

Is this page useful?
Back to top