Dutch Gambling regulator (KSA) issues notice to TOTO Online over major AML failings, including poor customer monitoring and fund origin checks, giving six months to comply before a re-inspection

KSA found that TOTO Online failed to continuously monitor customer relationships and transactions after initial due diligence, did not properly document why updated information did not change a player’s risk classification, and conducted inadequate investigations into the origin of player funds. Although the operator cooperated and resolved some issues, the regulator has given TOTO Online six months to fully…