anti-money laundering – Highly Aligned Leaders in Legal Operations

Swedish Court Rejects Mr Green Appeal Over €3.1M Fine

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/6643e16afd87312befa164d5a24507e3?s=96&d=mm&r=g May 17, 2022 May 17, 2022

By: The HALLO ECHO

May 17, 2022

The Administrative Court in Linköping has rejected Mr Green’s appeal against a sanction for breaches of the Money Laundering Act and Gambling Act. The gambling regulator Spelinspektionen had issued Mr Green with two warnings and fines totalling SEK31.5m (€3.1m) in August due to breaches of know-your-customer (KYC), anti-money laundering (AML) and responsible gambling rules.…

UKGC Reveals Reasons for Triplebet Licence Suspension

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/6643e16afd87312befa164d5a24507e3?s=96&d=mm&r=g April 9, 2020 April 9, 2020

By: The HALLO ECHO

April 9, 2020

The UK Gambling Commission (UKGC) has published the reasons for suspending Triplebet’s licence. Triplebet’s operating licence was suspended on February 17 as part of a package of sanctions for social responsibility and money laundering failings. An investigation found serious failings in Triplebet’s approach to anti-money laundering, the monitoring of business relationships and due diligence…