An online gambling business will pay a £7.1m fine for failing to follow Gambling Commission rules aimed at preventing money laundering and protecting vulnerable consumers. เว็บพนันฝากถอนไม่มีขั้นต่ํา
Daub Alderney will also have extra conditions placed on its licence to provide gambling to consumers in Britain.
Read Daub Alderney Summary of Decision notice below.
Richard Watson, Gambling Commission Executive Director, said: “This action is part of an ongoing investigation into the online casino sector. The operator’s standards did not match the protections required, and this fine reflects the seriousness of these lapses.”
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Decision Notice- Daub Alderney Limited
On 12 January 2018 the Gambling Commission (the Commission) gave Daub Alderney Limited (the Licensee) notice that we were commencing a review of its operating licence. We commenced a review under section 116(2) of the Gambling Act 2005 (the Act) because:
- we had reason to suspect that activities may have been carried on in purported reliance on the licence but not in accordance with a condition of the licence (section 116(2)(a));
- we suspected that the Licensee may be unsuitable to carry on the licensed activities (section 116(2)(c)(i)); and
- we were of the view that a review would be appropriate (section 116(2)(c)(ii))
On 18 April 2018 it was decided to refer the case to the Commission’s Regulatory Panel for a decision.
The Regulatory Panel has found that the Licensee:
- breached conditions of its licence relating to anti-money laundering measures (AML)
- failed to comply with social responsibility codes of practice.
In line with the Commission’s Licensing, compliance and enforcement policy statement, the Indicative Sanctions Guide and the Statement of Principles for determining Financial Penalties, the Regulatory Panel has decided to:
a) Issue a warning under section 117(1)(a) of the Act
b) Impose additional conditions to the Licensee’s operating licence under section 117(1)(b) of the Act; and
c) Impose a financial penalty under section 121 of the Act in the sum of £7,100,000.
This summary of the Regulatory Panel decision sets out the relevant facts of the case, licence condition and social responsibility code of practice provisions, the findings and the outcome of the review.
Summary of Regulatory Panel decision
Findings of fact
The Regulatory Panel accepted the accuracy of the factual matters set out in the Commission’s Case Summary. The following facts were stated in the Case Summary.
Licence condition 18.104.22.168 – Anti-money laundering – Prevention of money laundering and terrorist financing
Licence condition 22.214.171.124 requires an operator to conduct an assessment of the risks of their business being used for money laundering and terrorist financing. Such risk assessments must be appropriate and must be reviewed as necessary in the light of any changes of circumstances, including the introduction of new products or technology, new methods of payment by customers, changes in the customer demographic, or any other material changes, and in any event reviewed at least annually.
This licence condition has been in force since October 2016. The Gambling Commission provides guidance on risk assessments in the ‘The Prevention of Money Laundering and Combating the Financing of Terrorism – Guidance for remote and non-remote casinos’. An appropriate risk assessment allows operators to identify risks relevant to their business, including the risks associated with the customers they transact with, and conduct effective customer due diligence on the basis of this assessment, among other things.
Commission Officials found when they completed a corporate evaluation in June/July 2017 that the appropriate risk assessment was not in place. The Commission made the Licensee aware of the requirement at the time and in a letter of 5 October 2017.
In its responses, the Licensee accepted that it had breached this licence condition and subsequently provided a risk assessment approved by its Board on 23 February 2018. The Licensee mitigated that it had carried out internal audits and reviews during 2016/2017 which it considered tantamount to a risk assessment.