In June 2018, the Riksdag (the Swedish parliament) approved with effect, since January 1, 2019, a new Gambling Act (2018:1138) with a new licence system. The new Gambling Act opened the market for online gambling operators and is aimed at improving consumer protection, game security and giving transparency and opportunity to all markets. It also established a new regulatory body called Spelinspektionen (Swedish Gambling Authority), replacing the previous gambling authority (Loteriinspektionen).
Our course highlights a key area of compliance, Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF), in the gambling industry and covers the background and consequences of AML/CTF, including details of the laws and regulations in relation to these areas and businesses’ systems and controls that are used to prevent and detect financial crime.
“We have partnered with VIXIO GamblingCompliance to provide eLearning as part of our wider internal training programme to maintain our high AML standards. This allows us to reinforce our culture of compliance and not only meet, but exceed AML obligations. The courses are graded so the level of training can be provided on a risk basis, depending on the role.”
Money Laundering Reporting Officer, Online Casino