UKGC revises its AML/CTF Guidance and POCA advice

On its AML News webpage, the Gambling Commission announced on 13 November 2020 that it has published revisions to its:

stating that each of the above new versions come into effect immediately.

The Commission states as follows on that webpage:

The Gambling Commission has published a revision to the 5th Edition of the guidance for non-remote and remote casino operators on the Prevention of money laundering and combating the financing of terrorism. The changes to the guidance are as follows:

The substitution of paragraph 1.55 in order to highlight, in particular, new reporting requirements introduced with the latest version of the Licence conditions and codes of practice  which came into effect on 31 October 2020

  • The addition of text to paragraph 4.17 to make reference to new licence condition 15.2.3(2) and (3)
  • The correction of a minor typographical error in paragraph 6.120.

The Commission has also published a revision to the 4th Edition of the advice to all other operators on Duties and responsibilities under the Proceeds of Crime Act 2002. The changes to the advice are as follows:

  • The addition of paragraph 5.2 in order to highlight, in particular, new reporting requirements introduced with the latest version of the Licence conditions and codes of practice which came into effect on 31 October 2020
  • The correction of a minor typographical error in paragraph 20.54.

These new versions come into effect immediately.

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