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 regarding Practice 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 latest National Coordinator having Anti-Currency Laundering and Combatting regarding Terrorist Resource has wrote good newsletter explaining the changes built to the brand new Continues away from Offense Operate and you can part legislation, it is discover here.
A further newsletter could have been had written adopting the amendments to POCA inside acquisition to address facts due to the fresh new Moneyval assessment, this is certainly discovered right here.
A copy of new (2025) version of the Commissioner’s Chance Assessment of the betting sector can be be found right here.
Permit People should also be aware of those people jurisdictions considered so you can be off higher risk within the light of the AML/CFT inadequacies. The new FATF on a regular basis keeps and posts a list of such as jurisdictions. The individuals jurisdictions can be seen here.
Social Comments
: A regulating settlement might have been consented within barz Gaming Administrator and a Gibraltar secluded betting license holder according off AML inadequacies. A general public statement towards count shall be comprehend right here.
: A regulatory settlement has been concurred involving the Playing Commissioner and you may a good Gibraltar remote gaming permit owner in respect from AML deficiencies. A general public report to the count are going to be comprehend right here.
: A regulatory payment might have been decided amongst the Gaming Commissioner and you can a good Gibraltar secluded betting licence proprietor in respect away from AML deficiencies. A public declaration to your number are going to be realize here.
: A regulating settlement might have been consented between the Gambling Administrator and you will a Gibraltar remote gambling license owner according away from AML deficiencies. A public report to your number might be comprehend here.
: A regulating settlement might have been conformed between the Playing Commissioner and you can Virtual Worldwide Electronic Qualities Ltd according out of AML inadequacies. A public statement to your amount are going to be read here.
: A regulating settlement could have been consented within Gaming Commissioner and you can an effective Gibraltar remote gambling licence manager in respect of AML deficiencies. A community declaration for the matter will be comprehend here.
: A regulating settlement might have been arranged amongst the Gaming Administrator and you may a Gibraltar remote gaming permit manager according of AML deficiencies. A general public declaration into the count are going to be see right here.
: A regulatory payment has been conformed between the Gaming Administrator and a great Gibraltar secluded gambling license owner according out of AML inadequacies. A general public statement towards matter might be read right here.
: A regulating payment has been arranged between your Gambling Commissioner and you may Onisac Ltd in respect from AML inadequacies. A public report towards number shall be read here.
The latest Gambling Division has completed their thematic writeup on the latest anti-money laundering (�AML’) exposure testing process and you will control operated by the our B2C licensees inside the respect regarding non-British all over the world people.
The fresh learnings in the thematic opinion, that can recognized almost every other thing cases, might be detailed and you may acted for the of the entire Gibraltar gaming community, and are generally the following: