Brazilian iGaming commentary outlines suspicious-transaction reports to COAF
An opinion article on a Brazilian betting industry site set out how gambling operators should prepare suspicious-transaction reports for COAF, Brazil’s financial intelligence unit. The author said operators are legally required to report suspicious activity and described a four-part report structure covering customer details, background information, the transactions and the analyst’s assessment; the guidance also discussed KYC checks and good-faith reporting.
The guidance addresses operators’ reporting and customer-due-diligence obligations under Brazil’s anti-money-laundering framework.