Europe: EU strengthens rules against money laundering
The European Union has strengthened rules against money laundering, including a rule which requires due diligence for transactions of EUR2,000 or above within gambling services as a new Anti-Money Laundering Directive takes effect. Based on this increased stringency, EU member states are required to implement new rules within the coming two years.
Casino gamblers will be required to provide identification documents, and will be subject to stricter monitoring in case they place bets or reclaim casino chips worth EUR2,000 or above.
In addition to the due diligence requirements, gaming operators will have to report suspicious transactions and maintain records of payment.
No comments:
Post a Comment