Danish Gambling Authority has warned the country’s national lottery operator over a lack of compliance with customer due diligence and anti-money laundering measures.
Spillemyndigheden says Danske Licens Spil failed to perform enhanced due diligence checks early enough when dealing with a player who showed an increased risk of money laundering.
The regulator adds that a second reprimand, over anti-money laundering failures, saw Danske Licens Spil fail to report to the Financial Intelligence Unit despite not being able to rule out the potential of money laundering.
“The fact that a gambling operator has made reports to the Financial Intelligence Unit concerning a customer relationship does thereby not exempt the gambling operator from its obligation to report subsequent new suspicious transactions,” Spillemyndigheden said.
On the first warning, Danske Licens Spil did subsequently perform enhanced checks later in the customer relationship – which was subsequently ended.
“The Danish Gambling Authority notes that the rules on enhanced customer due diligence measures and the obligation to report are fundamental parts of the Anti-Money Laundering Act,” the authority concluded.
“As a rule, breaches of the rules lead to an order or a reprimand or in serious or repeated cases, they are reported to the police.”
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