The code of practice titled ‘The Common Code’ is intended to be ‘interpretive guidance’ to the Gibraltar gambling industry in respect of the provisions of the Act, and outline, for development, a fair and transparent regulatory framework within which licensees will be required to operate.
Anti-Money Laundering Requirements
The Anti-Currency Laundering Password off Routine is ‘interpretive guidance’ to the Gibraltar gambling industry in respect of the requirements of the Gambling Act and the Proceeds of Crime Act. This code applies to all financial transactions associated with defined gambling activities undertaken under the authority of a Gibraltar remote gambling licence.
Some additional guidance on various topics has been prepared by the Gambling Division as part of its outreach to the sector and can be accessed here.
The fresh National Planner having Anti-Currency Laundering and also the Combatting regarding Violent Capital provides penned a publication detailing the alterations built to the new Continues of Crime Act and subsidiary legislation, this is certainly located right here.
A deeper publication could have been authored following amendments to POCA inside the purchase to address factors due to the latest Moneyval analysis, it is discover right here.
A duplicate of new (2025) version of the Commissioner’s Chance Analysis of your own gambling field is also be found here.
Permit Holders should be familiar with those individuals jurisdictions considered to help you feel of greater risk inside the white of its AML/CFT deficiencies. The newest FATF daily keeps and publishes a list of like jurisdictions. Those people jurisdictions can be viewed here.
Social Statements
: A regulatory settlement has been agreed amongst the Gaming Administrator and you can a Gibraltar remote playing permit proprietor in respect out of AML deficiencies. A public statement towards matter will likely be read right here.
: A regulating payment royal vegas has been consented between your Gaming Administrator and you can good Gibraltar remote playing license proprietor in respect of AML deficiencies. A public report to the matter might be understand right here.
: A regulatory settlement could have been arranged within Gambling Commissioner and you may a good Gibraltar remote betting licence proprietor according off AML deficiencies. A community report to your count will likely be read right here.
: A regulating settlement has been concurred within Playing Commissioner and a good Gibraltar remote gambling license holder in respect regarding AML inadequacies. A public declaration to the amount are going to be see right here.
: A regulatory settlement could have been arranged involving the Betting Administrator and you can Virtual All over the world Digital Functions Ltd in respect out of AML deficiencies. A community declaration towards amount is going to be read here.
: A regulatory settlement has been consented between the Betting Commissioner and you can a Gibraltar remote gambling license holder in respect of AML deficiencies. A general public statement for the matter are going to be comprehend here.
: A regulating payment has been consented between the Gaming Administrator and a great Gibraltar secluded gambling licence owner according off AML deficiencies. A community declaration to the number will likely be realize right here.
: A regulating payment has been decided between the Betting Commissioner and a great Gibraltar remote playing permit manager in respect regarding AML deficiencies. A general public declaration towards matter are going to be read here.
: A regulatory payment could have been conformed amongst the Playing Administrator and you will Onisac Ltd according off AML inadequacies. A public report for the count shall be realize here.
The fresh Playing Section has now accomplished the thematic post on the fresh anti-currency laundering (�AML’) chance assessment procedure and you may controls run from the all of our B2C licensees inside the respect off low-British around the world consumers.
The latest learnings in the thematic feedback, that also known almost every other thing circumstances, shall be indexed and you will acted to your by the whole Gibraltar gaming world, and are generally as follows: