by Jyotsna Bucktowar | Apr 14, 2025
The investigation which began in June 2024, uncovered that several individuals allegedly had access to confidential information about the election date ahead of its public announcement. These individuals are accused of using this advance knowledge to place unfair...
by Jyotsna Bucktowar | Mar 4, 2025
Including insufficient systems to prevent excessive gambling, delays in conducting safer gambling interactions, and inadequate Enhanced Customer Due Diligence (ECDD) checks for high-risk customers, marking the second penalty for the operator after a £237,600 fine in...
by Jyotsna Bucktowar | Mar 4, 2025
A key revelation in this case is that a woman operated as the ringleader of a sophisticated ML network which was an uncommon occurrence in organized financial crime. She oversaw the transfer of US $78.5 million in illicit funds through 30 front companies and 150 bank...
by Jyotsna Bucktowar | Feb 18, 2025
Enforcement director emphasized the need for operators to reassess customer profiles and monitoring procedures to account for various risk factors such as transactions, geography, and products. He also pointed out ineffective customer triggers over-reliance on...
by Jyotsna Bucktowar | Feb 8, 2025
Critics warn that like in the Philippines, online gambling could become a hub for ML and other criminal activities unless strict regulations and enforcement are implemented. The government’s plan includes introducing a casino bill and online gambling licenses,...
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