The UK Gambling Commission has raised the risk level from low to medium in its evaluation of the potential for terrorist financing in the gaming sector.
The regulatory body's most recent Money Laundering and Terrorism Financing risk assessment, which was made public in 2020, is the source of the risk level upgrade. This is a substantial change from the previous evaluation.
This extensive government document attempts to present the current state of money laundering and terrorist financing threats, providing a vital tool for the regulated gaming industry to develop and improve their risk frameworks.
The regulatory body's most recent Money Laundering and Terrorism Financing risk assessment, which was made public in 2020, is the source of the risk level upgrade. This is a substantial change from the previous evaluation.
This extensive government document attempts to present the current state of money laundering and terrorist financing threats, providing a vital tool for the regulated gaming industry to develop and improve their risk frameworks.