• Home
  • Latest
  • Updates to Gambling Commission's AML guidance for remote and non-remote casinos

Updates to Gambling Commission's AML guidance for remote and non-remote casinos

Posted on 10 January 2019 by Nick Nocton, Niki Stephens & Frank Cook

Updates to Gambling Commission's AML guidance for remote and non-remote casinos

Operators with remote gambling equipment based in Gibraltar should make themselves aware of the recent change to the Gambling Commission's AML guidance for remote and non-remote casinos.

Paragraph 8.64 of the guidance has been updated to reflect the more onerous requirement applicable to the submission of Suspicious Activity Reports (SARs) by operators where the remote gambling equipment used in a transaction, which is known or suspected to involve money laundering, is based in Gibraltar and involves a British customer.

In these circumstances, the operator must report the known or suspected money laundering to the Gibraltar FIU and the UKFIU, under the National Crime Agency (NCA).

The updated guidance came into effect 1 January 2019. Operators affected by the change must review their AML policies and procedures to reflect the above.

All casino operators must review the changes made to paragraph 6.45 of the guidance and make any necessary clarifications to their AML policies and procedures.

If you have any questions, please contact a member of the Betting & Gaming team.

How can we help you?

How can we help you?

Subscribe: I'd like to keep in touch

If your enquiry is urgent please call +44 20 3321 7000

Crisis Hotline

Emergency number:

I'm a client

Please enter your first name
Please enter your last name
Please enter your enquiry
Please enter a value

I'm looking for advice

Please enter your first name
Please enter your last name
Please enter your enquiry
Please select a department
Please select a contact method

Something else

Please enter your first name
Please enter your last name
Please enter your enquiry
Please select your contact method of choice