Tag Archives: Vera Jourova

EU warns member states to get tough on gambling AML compliance

SBC News EU warns member states to get tough on gambling AML compliance

Toughening up European laws and practices against money laundering and organised crimes, the European Union may force bookmakers to implement ID-checks on customers that wager more than €2000. The tougher provisions form part of the EU-wide anti-money laundering directive, aimed at minimising terror organisations and criminal gangs’ ability to launder money through legitimate enterprises. The EU Council had previously warned …

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