Brazil justice and finance ministries agree anti-money-laundering cooperation for betting
Brazil’s Ministry of Justice and Public Security and the Finance Ministry’s Secretariat of Prizes and Betting signed a technical cooperation agreement to monitor and combat money laundering in the betting market. Published on 6 November after signing on 30 October, it brings the secretariat into the Rede-Lab programme and provides for shared methods, technology and staff training. The agreement runs for 60 months from signing, with possible extension.
The agreement gives Brazil’s betting oversight secretariat access to shared anti-money-laundering methods, technology and training.