Danish Regulator Called On Operators To Offer New AML Options

Spillemyndigheden, the Danish gambling regulator, has urged representatives of the country's gambling industry to provide their insights on the new Anti-Money-Laundering System (GoAML). The system aims to address potential instances of money laundering and terrorist financing, assisting Danish authorities in combating corruption.

While the primary objective of GoAML is to enhance regulatory efforts, Spillemyndigheden highlighted a limitation in the system. When completing an application to adopt the system, gambling operators are currently restricted to selecting only the option of "money laundering through gambling." The regulator deems this limited choice unfair and encourages operators to voice their opinions on alternative measures that more comprehensively represent the gaming industry.

Spillemyndigheden has invited companies to submit their suggestions for additional GoAML options by February 5th. Subsequently, the regulator will forward the proposals to the Danish Anti-Money Laundering Secretariat.

10 January 2024, 13:27

Legal Denmark Spillemyndigheden

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