Spillemyndigheden, the Danish gambling authority, has asked the gambling industry to provide feedback on the Money Laundering Secretariat’s indicators for money laundering and terrorist financing on the GoAML reporting platform.
Any entry on GoAML must be accompanied by an indicator, which is defined by Spillemyndigheden as “an aid to those subject to notification and to the Money Laundering Secretariat so that potential money laundering and terrorist financing can be better identified”.
Currently, if a notification is being made in relation to gambling, the “money laundering through gambling” indicator would be selected. The Danish authority has been in discussions with the Money Laundering Secretariat to expand the indicators available to include more relevant options.
The Secretariat has stated that they will accept proposals for more indicators relating to money laundering through gambling, so Spillemyndigheden is pushing for the industry to provide guidance on desired indicators on GoAML.
Gambling industry stakeholders who wish to participate can send their proposals to the Danish authority via [email protected] before February 5 with “input for indicators” in the subject field.
These suggestions will then be forwarded to the Secretariat for consideration.
Spillemyndigheden has been improving its player protection standards over recent months, introducing player ID requirements for land-based venues on October 1 last year, as well as launching its gambling information platform StyrPåSpillet in December.