The UK Government has published its new Economic Crime Plan, which has been agreed between the Chancellor, the Home Secretary, major financial institutions, legal, accountancy and property organisations, and law enforcement, including the Gambling Commission.
The economic crime plan sets out priority areas for combating economic crime, such as money laundering and terrorist financing.
As a statutory supervisor under the money laundering regulations, the Commission endorses the plan and looks forward to contributing to its delivery.
Gambling operators will play a vital role in assisting the Commission, and the UK Government, realise this step-change plan for combating economic crime in the UK, and we urge operators to pay close attention to the plan and amend their risk assessments, policies and other controls where necessary.
Posted on 25 July 2019