Two Gibraltar law firms have confirmed that the know-your-customer service from iSignthis meets due diligence requirements for entities licensed by the Gibraltar Financial Services Commission or the i-gaming jurisdiction’s Gambling Commission.
The legal advice asserts that the KYC services satisfy anti-money laundering requirements under the Crime (Money Laundering and Proceeds) Act for financial services, Gambling Act of Gibraltar and the Gambling Commission’s Code of Practice for the Gambling Industry.
John Karantzis, managing director for iSignthis, said: “The receipt of overlapping independent advice confirming the suitability of our service for companies regulated in Gibraltar by either the FSC or the Gambling Commission provides a further endorsement of our innovative KYC and payment authentication services.
“We believe our converged payment and digital KYC services offer the most attractive solution for online wagering companies.”
