The code of practice titled ‘The Simple 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-Currency Laundering Standards

The Anti-Money Laundering Code 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 new Federal Coordinator to possess Anti-Currency Laundering and Combatting from Violent Investment features published a newsletter describing the alterations built to the fresh new Proceeds out of Offense Work and subsidiary rules, it is discovered right here.

A much deeper publication could have been authored after the amendments to POCA for the order to handle issues arising from the fresh Moneyval research, this can be discover right here.

A copy of brand new (2025) iteration of your own Commissioner’s Risk Testing of your own betting market can be be discovered here.

Licence People should also be alert to the individuals jurisdictions https://betssoncasino.io/pt/ deemed in order to feel out of higher risk in the white of its AML/CFT inadequacies. The latest FATF frequently maintains and you may posts a summary of such jurisdictions. Those jurisdictions can be looked at right here.

Societal Comments

: A regulatory payment has been consented amongst the Betting Commissioner and you may good Gibraltar remote gambling license manager in respect off AML deficiencies. A community statement to your count is going to be read right here.

: A regulatory payment has been concurred amongst the Gambling Administrator and you can a good Gibraltar secluded playing license owner in respect of AML deficiencies. A community statement into the count are going to be realize here.

: A regulating payment has been concurred amongst the Betting Commissioner and you will an excellent Gibraltar secluded playing license holder according out of AML deficiencies. A community report into the count will likely be understand right here.

: A regulating settlement has been concurred between the Betting Administrator and you will an effective Gibraltar secluded playing licence owner according from AML deficiencies. A community report towards number might be realize right here.

: A regulatory settlement might have been agreed between your Gambling Commissioner and you can Virtual Around the world Electronic Features Ltd in respect regarding AML inadequacies. A public declaration to your matter will be read right here.

: A regulating payment might have been agreed amongst the Gaming Commissioner and you can good Gibraltar secluded gaming permit manager in respect off AML inadequacies. A public statement to your amount shall be read here.

: A regulating payment could have been concurred involving the Gaming Administrator and a great Gibraltar secluded gaming license holder according from AML deficiencies. A general public report into the amount shall be see right here.

: A regulatory settlement might have been agreed between your Gaming Commissioner and you may a good Gibraltar secluded gaming license owner in respect of AML inadequacies. A general public report to the count shall be comprehend right here.

: A regulatory payment could have been concurred amongst the Playing Administrator and you may Onisac Ltd according out of AML deficiencies. A public statement towards number is going to be comprehend right here.

The newest Gambling Section has now done its thematic review of the brand new anti-currency laundering (�AML’) exposure investigations techniques and you may controls work by the B2C licensees in the regard of low-British worldwide customers.

The fresh new learnings regarding the thematic feedback, that also recognized almost every other issue cases, might be detailed and you will acted for the because of the whole Gibraltar playing business, and are also the following: