FATF warns regulators over gambling platforms’ growing use for money laundering
By The Weekly Edge desk ·
Summary
FATF warned regulatory authorities that criminals increasingly use gambling platforms to launder money, SBC News reported. The report places the warning alongside continuing revisions to national regulatory frameworks and compliance obligations, particularly in Europe.
Why it matters
FATF warns regulators of criminals’ increasing use of gambling platforms for money laundering amid revisions to frameworks and compliance obligations.