The code of practice titled ‘The Universal Code’ is intended to be ‘interpretive guidance’ to the Gibraltar gambling industry in respect of the provisions of the Act, and outline, for development, a fair and transparent regulatory framework within which licensees will be required to operate.
Anti-Money Laundering Requirements
The Anti-Money Laundering Password from Routine is ‘interpretive guidance’ to the Gibraltar gambling industry in respect of the requirements of the Gambling Act and the Proceeds of Crime Act. This code applies to all financial transactions associated with defined gambling activities undertaken under the authority of a Gibraltar remote gambling licence.
Some additional guidance on various topics has been prepared by the Gambling Division as part of its outreach to the sector and can be accessed right here.
The brand new National Planner getting Anti-Currency Laundering as well as the Combatting out of Violent Financing possess penned good publication describing the alterations built to the brand new Proceeds away from Crime Act and you can subsidiary rules, that is discover here.
A much deeper newsletter has been composed pursuing the amendments to POCA for the order to handle issues as a result of the latest Moneyval investigations, this is certainly found right here.
A copy of brand new (2025) iteration of your own Commissioner’s Exposure Assessment of the betting sector normally be discovered here.
Licence Holders ought to be alert to those people jurisdictions deemed in order to end up being from higher risk in the light of its AML/CFT inadequacies. The new FATF continuously keeps and you will publishes a summary of such as jurisdictions. The individuals jurisdictions can be viewed right here.
Personal Comments
: A regulatory payment has been decided within Playing Commissioner and you will good Gibraltar secluded betting permit manager in respect from AML inadequacies. A community report into the amount is going to be discover here.
: A regulating settlement could have been arranged between your Gambling Commissioner and you may good Gibraltar remote gaming licence holder in respect regarding AML deficiencies. A public statement to your count are going to be understand right here.
: A regulating settlement could have been decided between your bet-zone.casino Gambling Commissioner and a great Gibraltar secluded gaming permit owner according away from AML inadequacies. A public declaration to your amount are going to be comprehend here.
: A regulating settlement might have been arranged involving the Betting Administrator and a Gibraltar remote gaming permit proprietor in respect out of AML deficiencies. A community declaration towards count are going to be realize here.
: A regulating payment has been arranged between your Betting Commissioner and you can Digital All over the world Electronic Attributes Ltd according regarding AML inadequacies. A community declaration on the matter shall be realize right here.
: A regulating settlement has been decided between your Gambling Commissioner and you can a Gibraltar secluded gaming licence holder in respect off AML deficiencies. A community statement on the matter might be discover right here.
: A regulatory settlement could have been consented within Gaming Administrator and you will a Gibraltar secluded playing licence manager according out of AML deficiencies. A general public report into the count is going to be comprehend right here.
: A regulatory settlement has been arranged within Gaming Commissioner and you may a great Gibraltar remote gaming license manager according of AML deficiencies. A community statement towards matter are going to be discover here.
: A regulating settlement could have been consented involving the Playing Administrator and you may Onisac Ltd in respect off AML inadequacies. A public statement towards count might be discover here.
The fresh Betting Department has now done its thematic writeup on the newest anti-currency laundering (�AML’) risk research techniques and controls run of the our very own B2C licensees in the value regarding low-British global consumers.
The brand new learnings regarding thematic remark, which also recognized other issue times, will be indexed and you can acted on the by the entire Gibraltar gambling world, and are as follows: