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Financial Crime, UK

NEWS: UK Gambling Commission fines LeoVegas £1.32M (€1.57M) over AML shortcomings

By Alisha Houlihan for AMLi

The UK Gambling Commission has fined online gambling operator, LeoVegas PLC £1.32M (€1.57M) for failing to adhere to anti-money laundering rules.

The operator will receive an official warning and will be obliged to undergo an audit to ensure its anti-money laundering and social responsibility policies and controls are being “effectively” implemented. 

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