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DCMS sets twice-yearly schedule for UK illegal gambling taskforce

Regulation

The UK Department for Digital, Culture, Media and Sport said the Illegal Gambling Taskforce will meet at least twice a year during its 12-month term. Its priorities are reducing payments to and from illegal operators, tackling illegal gambling advertising and improving cooperation on enforcement; dedicated sub-groups are expected to meet at least quarterly.

The taskforce will coordinate work on payments, advertising and enforcement affecting illegal gambling in the UK.

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Regulation

Brazil's SPA sets financial procedures to target illegal betting

Brazil’s Secretariat of Prizes and Betting (SPA) issued an ordinance setting procedures for financial institutions to identify and block transactions linked to illegal betting. Banks and payment institutions may have up to 45 days to examine suspicious activity; after the SPA orders a block, they have up to 24 hours to restrict identified accounts and up to 48 hours to confirm compliance. Further procedural details are due in a separate normative instruction.

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