AMLA Proposes Mandatory Customer Due Diligence for EU Online Gambling Transactions from €2,000
Key Highlights: The European Union Anti-Money Laundering Authority (AMLA) has proposed mandatory customer due diligence for online gambling transactions. Under the proposed framework, operators would be required to verify customers when transactions reach or exceed a €2,000 threshold. The measure was detailed in a draft report on regulatory technical standards presented by AMLA in October. ...