All holders of UKGC operating licences are reminded of the changes to its Licence Conditions and Codes of Practice that come into force today 31 October 2020. You can download below what is now the current edition of the LCCP.
We have reported previously on these changes as follows:
- UKGC announces forthcoming changes to LCCP and to regulatory returns & official statistics
- UKGC announces forthcoming changes to Licence Condition 8.1 (display of licensed status) and
- UKGC threatens to ban HVC/VIP schemes if new High Value Customers guidance is not followed
1. In relation to the changes at item 1 above, the Gambling Commission has subsequently published revisions to its:
- 5th Edition of the guidance for non-remote and remote casino operators on the Prevention of money laundering and combating the financing of terrorism and
- 4th Edition of the advice to all other operators on Duties and responsibilities under the Proceeds of Crime Act 2002
As previously explained, the following licence conditions (introduced by way of the above-mentioned LCCP changes) have direct bearing on AML/CTF compliance:
- Additional licence condition 15.1.3 (reporting of systematic or organised money lending), requiring non-remote licence-holders to report to the Commission any information relating to cases where they encounter systematic, organised or substantial money lending between customers on their premises
- Changes to Licence condition 15.2.2 (other reportable events), requiring all operating licence-holders to a self-report any actual or potential POCA or TACT breaches
- Additional licence condition 15.2.3 (Other reportable events), requiring all remote and non-remote casino operating licence-holders to self-report any actual or potential breaches of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on Player) Regulations 2017.
You can read more about this here.
2. Arising from changes to Social Responsibility Code provision 6.1.1 (Complaints and Disputes) introduced on 31 October 2020, the Commission has also now updated the ‘ADR requirements’ section of its “Complaints and disputes: procedural, information provision and reporting requirements” Guidance (that you can download below).
3. Arising from the change to Licence condition 8.1 (Display of licensed status) also introduced on 31 October 2020, the Commission has published a new technical standard that you can download below. It explains how remote operating licence holders should display their UK licensed status on their websites with effect from that date. Should it be required, a copy of the Gambling Commission logo is available here.