Spillemyndigheden Invites Danish Operators to Suggest New GoAML Indicators

Denmark’s gambling regulator, the Spillemyndigheden, has asked the gambling industry to weigh in on the country’s new AML system. Operated by the Money Laundering Secretariat, the GoAML solution flags potential instances of money laundering and terrorism financing.

GoAML keeps track of AML reports in the country, providing the Money Laundering Secretariat with important information that allows it to launch further investigations into the matter. The system’s goal is to help Danish authorities crack down on money laundering and terrorism financing and keep the Danish market healthy.

However, the Spillemyndigheden pointed out that gambling operators can select only one indicator when submitting an entry, which is “money laundering through gambling.” The regulator believes that more options should be available, reflecting the inherent complexities of the gambling ecosystem.

As a result, the Spillemyndigheden discussed the matter with the Money Laundering Secretariat, asking it to add more options. The latter body agreed to that, prompting an inquiry into the indicators operators wish to be added.

Spillemyndigheden Will Forward the Suggestions to the Secretariat

The Spillemyndigheden asked the gambling industry about its opinions on the matter. Companies can provide their own suggestions for GoAML indicators to the Spillemyndigheden, allowing it to then communicate them to the Money Laundering Secretariat.

Companies that wish to provide their suggestions should send them to the Spillemyndigheden ([email protected]) by February 5, specifying “input for indicators” in the email’s subject field. Following the conclusion of the period, the gambling authority will send the suggestions to the Money Laundering Secretariat.

In other news, the Spillemyndigheden recently unveiled a new informational website that provides local consumers with information about gambling and gambling harm. The site, StyrPåSpillet.dk, will serve as the official public portal for the country’s gambling industry, allowing consumers in the country to familiarize themselves with the sector and its risks.

The local regulator remains bullish on educating the customers protecting the Danish market from fraud. To that end, the Spillemyndigheden blocked a whipping 49 illegal gambling websites last year. The authority is planning to block illegal operators at least two times a year now.