Tag Archives: Money Laundering and Terrorist Financing (Prevention) Act (Wwft)

KSA lambasts online operators for ‘insufficiently complying’ with AML requirements

SBC News KSA lambasts online operators for ‘insufficiently complying’ with AML requirements

The Dutch Gambling Authority, the Kansspelautoriteit (KSA), has criticised online gambling operators in the country for failure to meet the standards of the Money Laundering and Terrorist Financing (Prevention) Act (Wwft). Issuing a warning to licence holders, the KSA stated that ‘various obligations are insufficiently complied with’, after conducting its own investigation and analysing Financial Intelligence Unit (FIU) data.  Notably, …

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