Swedish Court Upholds AML Fines for Three Gambling Firms
A Swedish administrative court has upheld enforcement actions taken against three gambling operators after determining that they committed serious breaches of anti-money laundering regulations through inadequate customer due diligence procedures. The ruling supports decisions previously issued by Sweden’s gambling regulator, Spelinspektionen, against Betsson Nordic Ltd, Snabbare Ltd and Spooniker Ltd. Following a review of the cases, the court agreed with the regulator’s assessment that the companies failed to meet required standards for customer knowledge and monitoring under the country’s anti-money […] The post Swedish Court Upholds AML Fines for Three Gambling Firms appeared first on World Casino News.
A Swedish administrative court has upheld enforcement actions taken against three gambling operators after determining that they committed serious breaches of anti-money laundering regulations through inadequate customer due diligence procedures. The ruling supports decisions previously issued by Sweden’s gambling regulator, Spelinspektionen, against Betsson Nordic Ltd, Snabbare Ltd and Spooniker Ltd. Following a review of the cases, the court agreed with the regulator’s assessment that the companies failed to meet required standards for customer knowledge and monitoring under the country’s anti-money […]
The post Swedish Court Upholds AML Fines for Three Gambling Firms appeared first on World Casino News.
