In this episode, Mishcon de Reya Partners Niki Stephens from the Betting & Gaming Group and Guy Wilkes from the Regulatory Disputes Group and Head of the Anti Money Laundering practice, outline some of the most common issues they have recently seen in cases relating to compliance with anti-money laundering obligations in the gambling sector and the steps operators can take to address these.
Over the years, Niki and Guy have worked together on a number of high value and complex regulatory matters where operators licensed by the Gambling Commission have been subject to a compliance assessment or licence review and compliance with anti-money laundering obligations has been a key focus.
Our Betting & Gaming and Regulatory Disputes groups have advised a number of gambling businesses on a range of high-profile enforcement proceedings brought by the Gambling Commission relating to AML and responsible gambling issues. This includes representing clients before the Gambling Commission's Regulatory Panel and in some instances, successfully negotiating regulatory settlements to avoid formal sanctions altogether.
The Mishcon Accumulator podcast, in association with EGR, is a series of podcasts exploring the latest trends and hot topics in the gambling sector. Listen to our recent podcast 'Data Protection Code of Conduct' here.
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