FATF urges tighter oversight of online gambling money laundering risks
By SectorWire desk ·
Summary
FATF has urged governments to strengthen gambling supervision and international cooperation on 10 September. Its year-long study drew on information from more than 80 jurisdictions, alongside industry bodies and researchers. Identified warning signs include transfers without betting, third-party deposits and multiple accounts using false identities.
Why it matters
Operators can assess FATF warning signs including transfers without betting, third-party deposits and multiple accounts using false identities.