FATF report flags gambling in underground banking and money-laundering risks
The Financial Action Task Force released a report on underground banking and hawala on 4 November 2026, drawing on surveys from 46 jurisdictions. The report identifies illegal gaming and gambling among criminal economies that may use these networks and describes casino-related value transfers, money-mule networks and misuse of payment infrastructure as relevant typologies.
The findings identify money-laundering methods that gambling businesses and supervisors may need to account for in risk-based controls.