Tag: aml
Malta set for clarity on AML action plan
The government in Malta has revealed that the Financial Action Task Force will visit the country on Friday, as it seeks guidance on whether...
UK Government to strengthen money laundering laws with new Economic Crime...
As the UK looks to expand the impact of its economic sanctions on Russia, the government is accelerating the implementation of new laws that...
GB Bank integrates TruNarrative’s customer onboarding technology
New British support bank, GB Bank, has partnered with TruNarrative to boost customer onboarding and improve transactional risk compliance on its app.
This newly formed...
AML failings lead to £9.4m fine for 888
Betting and gaming operator 888 has been fined £9.4m by the UK Gambling Commission (UKGC) following failures in the firm’s AML and social responsibility...
BetVictor to pay a total of £2m following AML shortcomings
BetVictor will pay a total of £2m after an investigation undertaken by the UK Gambling Commission found the firm had fallen short in terms...
Passport Technology links with Lucky Eagle Casino to boost AML capabilities
Placing a strengthened focus on verification and AML, Passport Technology has confirmed the installation of its cash access service, check warranty, jackpot dispensing, AML/Title...
Mr Green issued a warning over AML shortcomings
Mr Green has been warned by the Denmark Gambling Authority, Spillemyndigheden, having breached a section of the body’s Anti-Money Laundering Act.
It relates to the...
IMME surrenders licence following Gambling Commission investigation
International Multi-Media Entertainments has surrendered its licence after the UK Gambling Commission published the conclusion to an investigation into the company.
The licence review, which commenced on January...
HSBC hit with FCA fine over historic AML shortcomings
Following significant weaknesses in its AML strategy, HSBC has been hit with a £64 million fine.
The sanctions, issued by the Financial Conduct Authority, follow...
NatWest fined £265m over AML failings
NatWest has been fined £265m following convictions for three offences of failing to comply with money laundering regulations.
In making the decision, the UK judge...
