New consumer protection guidance, which remote gambling businesses are required to take account of, will help them comply with new customer interaction rules coming into effect on 12 September.

Following a consultation the Commission has made changes to its Licensing, Compliance and Enforcement Policy.

Andrew Rhodes addressed the Westminster Media Forum Gambling Regulation Conference on Monday 13 June 2022.

To keep up with increasing demand and to make best use of its resources, the Commission’s Licensing team is making some changes to the way it operates.
 

The Office of Financial Sanctions Implementation has published an updated version of its enforcement and monetary penalty guidance.
 

HM Treasury have published their consultation response setting out amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 which casino operators must take note of. 

Additionally, the Financial Action Taskforce (FATF) has published a follow-up report on the UK’s compliance with FATF AML and CTF requirements. 

The Commission’s sixth emerging risks update (June 2022) highlights money laundering and terrorist financing risks associated with operators failing to comply with data protection requests from law enforcement, the addition of Gibraltar to the FATF’s ‘grey list’ and common operator failings.