Tag Archives: UN

UKGC recommends FATF guidance to safeguarding risk-based supervision 

The UK Gambling Commission (UKGC) has prompted operators to review the Financial Action Task Force’s (FATF) updated AML guidance with regards to safeguarding their customers’ risk-based supervision approach.  Established in 2001 by the G7, the FATF serves as the financial crime and anti-terrorist financing unit responsible for developing intergovernmental cooperation to combat the growing threat of international money laundering.   The …

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BGC welcomes Kwasi Kwarteng as Business Secretary

BGC welcomes Kwasi Kwarteng as Business Secretary

The Betting and Gaming Council (BGC) has welcomed the government’s appointment of Kwasi Kwarteng as the new Business Secretary.  The Conservative Minister will replace Alok Sharma, who has been named president of the ‘UN COP26 Climate Conference’ – the UN’s headline climate emergency conference which will take place in Glasgow later this year. Recognised as a close ally to Boris …

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