David Clifton writes for Casino Life about the positive steps taken by the UK’s land-based casino industry to accelerate the pace of change since last November’s Gambling Commission Raising Standards conference. His article can be downloaded below.
Included in the examples of the ways in which this sector of the gambling industry is taking its responsibilities seriously is production earlier this year by the National Casino Forum (with our assistance and within a very tight 3 month timescale) of Best Practice AML/CTF guidelines for its members, intended to complement the Commission’s own Guidance on this same subject and to enable a consistency of approach by all land-based casino operators in relation to the type of practical actions required to mitigate money laundering and terrorist financing risks to their businesses.
It is very pleasing that the Commission felt able to provide the following words of welcome that are included in the NCF Best Practice Guidelines document: “The Commission welcomes publication of these guidelines and acknowledges the collaborative efforts of NCF members to strengthen measures in these areas”.
As David comments in his article: “That exercise has provided a very constructive example of what can be achieved when the industry and its regulator work together in an appropriately collaborative manner”.