Brazil’s SPA joins national network to combat money laundering
Brazil’s Secretariat of Prizes and Betting (SPA) signed a technical cooperation agreement with Rede-Lab, a national network coordinated by the Justice Ministry’s asset recovery department. The SPA may share information and regulatory expertise, while Rede-Lab will support staff training and exchanges on anti-money-laundering work, according to the report.
The agreement gives Brazil’s betting regulator access to specialist training and information-sharing on financial crime risks.