Anti-Money Laundering in Gambling
This course will introduce you to the importance of anti-money laundering and counter terrorist financing within gambling. It will explore the regulatory approach towards money laundering within the gaming industry and will provide you with a clear understanding of how gambling is used to launder criminal proceeds and the methods used to assess and combat the risks.
The main learning outcomes of the course will be;
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To understand what money laundering and terrorist financing is, why the gambling industry is so attractive to criminals and the three stages of money laundering.
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To gain an overview of regulatory and legislative concepts that govern the way in which the gambling industry responds to money laundering risk, what the risk based approach is and what are some of the key risk indicators of money laundering in online and land-based gambling
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To be able to explain the different types of money laundering risks within gambling and how present and future risks can assessed
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To recognise how effective policies, procedures and processes can mitigate money laundering risk within a gambling business and the skills needed to be a competent AML professional.
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To learn how culture and governance can influence and help establish a compliance-forward organisation and staff
