Brazil’s TCU orders permanent coordination mechanism against illegal betting
Brazil’s Federal Court of Accounts unanimously approved recommendations on 19 May to improve efforts against money laundering through online betting platforms. The decision directs the Finance Ministry’s Secretariat of Prizes and Betting to establish a permanent inter-agency mechanism involving Anatel, the central bank, Coaf, the federal revenue service and law-enforcement bodies. The TCU also called for improved tools to identify unauthorised operators.
The recommendations assign agencies coordination and detection work that could affect enforcement of Brazil’s betting rules.