On 13th November, SBC News reported that Daub Alderney an online gambling subsidiary of London AIM-listed Stride Gaming Plc, has been fined £7.1 million for failing to meet Gambling Commission rules and standards on money laundering and protection of vulnerable customers. The Commission found multiple source-of-fund violations with regards to ‘enhanced customer due diligence’ checks on its financial transactions.
https://www.sbcnews.co.uk/europe/2018/11/13/ukgc-hits-stride-gaming-with-7m-fine-for-consistent-aml-sr-failures
Like this:
Like Loading...
Related
Author: raytodd2017
Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section
View all posts by raytodd2017
