AML screening for gambling operators.
Customer screening for casinos. Casinos, land-based and remote, are in scope of the Money Laundering Regulations and supervised by the Gambling Commission. Other gambling operators have obligations under the Proceeds of Crime Act and sanctions law.
Supervisor
The Gambling Commission.
Who you’ll screen
- Customers reaching your due diligence threshold
- High-spending and VIP customers
- Business partners, where your risk assessment calls for it
The risks
What supervisors look for in your sector.
Spend thresholds
Casinos must apply due diligence when transactions reach €2,000 or more.
PEPs
High-spending customers include PEPs, whose source of funds needs recording.
Source of funds
The Commission has taken enforcement action where operators failed to check where money came from.
How FirmScreen fits
The screening part of your procedures, done and recorded.
Screening against the UK, UN, OFAC and EU sanctions lists, PEP data and HMRC’s deliberate tax defaulters, in one search. Everything FirmScreen does
- 01PEP relationships recorded with senior management approval and source of wealth and funds.
- 02Every client re-screened daily by default, so a designation after onboarding opens a case the next morning.
- 03Screen from your own systems with the REST API.
- 04A fingerprinted evidence pack per client, ready for an inspection visit or file review.
It records source of wealth and funds for PEP relationships, but it doesn’t verify income or run affordability checks.