Raising Standards for consumers - Compliance and Enforcement report 2020 to 2021
Issues identified through casework
Significant and substantial assessment continued for both land-based and online gambling businesses in the previous year (2019 to 2020). Compliance activity and enforcement cases continue to show that some licensees’ money laundering (ML) and terrorist finance (TF) risk assessments, and policies, procedures and controls continue to be not ﬁt for purpose despite numerous case publications and ongoing guidance issued by the Commission to assist operators.
The Commission is finding increasing instances of gambling operators failing to consider how problem gambling can be linked to ML and TF despite both the Commission’s Guidance for remote and non-remote casinos: The prevention of money laundering and combating the financing of terrorism and Duties and responsibilities under the Proceeds of Crime Act 2002: Advice to operators (excluding casino operators) stating:
a pattern of increasing spend or spend inconsistent with apparent source of income could be indicative of money laundering, but also equally of problem gambling, or both.
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Common poor practices
Last updated: 8 December 2021
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