The Kingdom warns SSS three operators against violating the rules of anti -money laundering and terrorist financing

Kanspelautoriteit, KSA, warned three licensed operators about their responsibilities on the law of money laundering and terrorist financing (prevention), known as the First World War.

The investigation by the Netherlands Authority indicated that the three companies were not fully compatible with the expectations made on them.

KSA explains to licensed operators that they should ensure that online casinos are not used for any criminal purposes. As part of this responsibility, the gambling platforms must implement related customer examination operations and monitor the player’s transactions, with any suspicious activity to be immediately informed to the FIU.

As part of investigation In three unnoticed providers, the Dutch Gambling Authority requested specific files from companies related to the player’s details and risk assessment.

During this process, violations were revealed by the Kingdom of Saudi Arabia with strict warnings that were given to the participants. They have also been granted clear instructions on how to follow up, including a reminder of their expectations, and are supported by gambling licenses that allow them to work.

The WWFT Law orders came with a warning that if any other violations are found, KSA has the right to issue a large fine or any other penalty.

The Kingdom of Saudi Arabia is still an active and strong organizer of the Dutch market

As part of its decision not to name companies or in detail completely from the directives issued, the Kingdom of Saudi Arabia acknowledged that there is an area for improvement throughout the industry in this issue.

In September 2023, the Dutch authority issued an official notice to the parent company of Kansino and Betcity, after it was found that it failed to verify the source of the money on a specific player’s accounts, as well as not to make the appropriate players ’risk classifications.

This came after a general warning to all approved casino platforms in December 2022.

The Kingdom of Saudi Arabia remains an active and strong organizer of the Dutch market, and earlier this month, Saudi Arabia remains. Salad targeting the left -wing Leftlanepapi After ignoring a warning to remove videos that strengthened illegal gambling sites online.

Credit image: GROK/X.