A regulatory settlement of £25,000 has been reached between a Gibraltar-based gambling operator and the Gambling Commissioner.
This was decided in response to the operator's anti-money laundering and counter-terrorism financing policy and procedure shortcomings.
In the last two weeks, there have been two settlements between operators and the Gambling Division.
A financial penalty that may have been imposed due to shortcomings in the company's anti-money laundering and counter-financing of terrorism policies and procedures was agreed to in exchange for this most recent settlement between the operator and the gambling regulator.
This was decided in response to the operator's anti-money laundering and counter-terrorism financing policy and procedure shortcomings.
In the last two weeks, there have been two settlements between operators and the Gambling Division.
A financial penalty that may have been imposed due to shortcomings in the company's anti-money laundering and counter-financing of terrorism policies and procedures was agreed to in exchange for this most recent settlement between the operator and the gambling regulator.