UK CONFIRMS MAJOR INCREASE IN GAMBLING TAXATION
The UK government has confirmed a wide-ranging reform of gambling taxation that will significantly increase the fiscal burden on online gambling operators over the coming years.
UKGC ISSUES £650,000 PENALTY
The UK Gambling Commission (UKGC) has fined Immense Group—formerly Videoslots—£650,000 and issued a formal warning after identifying what it described as significant anti-money laundering (AML) and safer gambling failings.
BRASIL – AML/CFT POLICIES – MARCH 17 DEADLINE
Brasil’s Secretariat of Prizes and Bets (SPA) has issued a March 17 deadline for all licensed betting companies (including those granted authorisation by court orders) to submit their AML/CFT policies.
UKGC IDENTIFIES EMERGING THREATS
The latest regulatory update, released on February 18, 2025, outlines significant compliance deficiencies among licensed operators and highlights new threats posed by evolving financial technologies.
NCC PUBLISHES 2023 NATIONAL RISK ASSESSMENT
In recent years Malta has made significant strides in improving its AML/CFT framework, resulting in its removal from the Financial Action Task Force (FATF) grey list in June 2022.
Philip Bugeja, a well-renowned AML/CFT Consultant, gives his insight about the AML Directive 5
The Anti-Money Laundering Directive 5 (AMLD5) is a set of regulations enacted by the European Union to combat money laundering and terrorist financing.
REQ 2023 Submission
The FIAU’s yearly issue of the Risk Evaluation Questionnaire (REQ) is a means by which the regulator and the Operator assess the current standing of the AML/CFT standing of the compliance management regime.
The deadline for this report is on the 13th of April 2023 for Gaming Operators.
Malta Taken Off From FATF Grey List
Malta was taken off from the greylist on Wednesday during the plenary meeting of the global watchdog Financial Action Task Force (FATF).
FIAU | EBA published a statement on financial inclusion in the context of the invasion of Ukraine
The European Banking Authority (EBA) published a statement addressed to both financial institutions and supervisors to ensure they make every effort to provide access for Ukrainian refugees to at least basic financial products and services.
FIAU | Guidance Note on the Money Laundering Reporting Officer
The Financial Intelligence Analysis Unit (“FIAU”) published a new Guidance Note on Common Issues related to the Money Laundering Reporting Officer (“MLRO”).