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-Currency Laundering Code out of 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 here.
The latest Federal Coordinator getting Anti-Money Laundering as well as the Combatting regarding Radical Money have wrote a good publication discussing the alterations designed to the new Proceeds of Offense Work and you will part regulations, this is certainly discover here.
A much deeper publication could have been published after the amendments in order to POCA for the buy to deal with items arising from the new Moneyval analysis, that is discover right here.
A copy of brand new (2025) iteration of your own Commissioner’s Chance Investigations of one’s gambling markets can also be be discovered right here.
License Proprietors should also be aware of the individuals jurisdictions deemed to help you feel away from higher risk for the white of the AML/CFT deficiencies. The brand new FATF frequently retains and posts a listing of such as jurisdictions. People jurisdictions can be seen right here.
Public Comments
: A regulating payment might the sites have been agreed involving the Playing Commissioner and you can a good Gibraltar secluded gaming permit holder in respect regarding AML deficiencies. A public statement towards amount shall be realize right here.
: A regulating settlement could have been conformed between your Betting Administrator and a great Gibraltar secluded playing licence manager in respect from AML inadequacies. A public statement to your count will be realize here.
: A regulatory payment could have been concurred involving the Gambling Administrator and you may an effective Gibraltar remote playing permit owner in respect out of AML deficiencies. A community statement to the count is going to be comprehend right here.
: A regulatory settlement has been arranged within Playing Commissioner and you can a Gibraltar secluded playing license proprietor in respect off AML deficiencies. A general public declaration into the count shall be discover here.
: A regulatory settlement could have been conformed between the Playing Administrator and you can Digital All over the world Electronic Qualities Ltd according off AML inadequacies. A general public report into the number is going to be read here.
: A regulating payment has been concurred within Gaming Administrator and you may an excellent Gibraltar secluded gambling license holder according regarding AML inadequacies. A public statement into the number is going to be see right here.
: A regulatory settlement might have been conformed involving the Playing Commissioner and you will a Gibraltar secluded gambling license proprietor in respect from AML deficiencies. A community statement towards number might be see here.
: A regulating payment has been conformed amongst the Gambling Administrator and good Gibraltar remote gambling license manager in respect away from AML deficiencies. A general public statement into the matter is going to be comprehend here.
: A regulating payment has been agreed between the Gambling Administrator and you will Onisac Ltd in respect of AML inadequacies. A community statement to your count might be understand right here.
The brand new Gaming Division has now finished their thematic article on the new anti-currency laundering (�AML’) risk research processes and you can controls operate from the the B2C licensees in the admiration from low-British worldwide people.
The new learnings on thematic feedback, that can recognized other question cases, shall be noted and you will acted for the by whole Gibraltar gambling community, and therefore are below:
