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Brazil’s regulated betting market strengthens financial crime reporting

Regulation

At the BiS Brasília event on 2 and 3 June, Financial Activities Control Council president Ricardo Saadi said regulated companies’ reports support the council’s financial intelligence work. Since January 2025, only companies authorised by the Finance Ministry’s Secretariat of Prizes and Betting may legally offer fixed-odds betting in Brazil.

Authorisation and reporting requirements link legal betting operations to Brazil’s financial intelligence work.

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Regulation

Isle of Man FIU issues 2026 guidance on financial sanctions reporting

The Isle of Man Financial Intelligence Unit published 2026 guidance on reporting actual or attempted breaches of financial sanctions and handling frozen assets. The guidance sets out procedures for reporting suspected violations and asset freezes under applicable sanctions regimes. The island applies United Nations and UK sanctions, while its law also allows it to make its own designations.

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