Ukgc Investigates The Case Of Violations At Work 17 Online Casino
The uk gambling commission (ukgc) confirmed that it began to investigate the work on the work of 17 remote gambling operators, after completed to combat money laundering and interacting with customers.
Passseloval posts of all online casino operators, ukgc outlined how operators shold work in terms of compliance with their obligations to combat money laundering and support social responsibility.
The regulatory authority confirms that out of 17 operators under investigation, the activities of the five of them are currently being reviewed in accordance with section 116 of the law on gambling games from 2005 with the possible review of their licenses in accordance with section 117 of the same law.
Representatives of ukgc reported that they
«The fact that some employees in the course of providing reporting to combat money laundering were not able to give a suitable determination of what money was laundering, and did not understand the basic principles established in accordance with the 2002 law from criminal revenues. There was a common lack of understanding how criminal expensse may affect the business».
In a statement published on the ukgc website, its executive director sarah harrison commented:
«It is vital that the gambling industry has committed the negative impact of gambling. Actions that we undertake to check the compliance of online casino operators to combat money laundering and customer interaction are only one example of how we intend to deal with this problem».