A fact-finding tour of British gaming locations is on offer for the country’s Treasury, in a bid to demonstrate to officials that the industry is clean of money laundering.
Source: LinkedIn
Peter Hannibal, CEO of the Gambling Business Group, which represents all sectors of gambling in the UK, has issued the offer to the government department.
The Treasury is currently working on ensuring that the Anti Money Laundering Directive 4, the EU directive on the subject, is observed and empowered by every facet of business in the UK. A deadline of November 10 has been set for submissions from the business community on the subject.
Said Hannibal: "The deadline is fast approaching and many observers fear, like I do, that Britain's highly regulated, highly responsible gaming sectors including adult gaming centres, bingo clubs and pubs may become embroiled in a Europe-wide, one-size-fits-all, dragnet that is both disproportionate and unnecessary.”
He continued: “Visitors to any one of those gambling establishments will confirm the customer/staff relationship is more like a friendship, making it much easier to identify any changes in behaviour and activities which are outside of the norm.
“To get these arguments over the line, as well as the extremely low levels of suspicious activity reports, I have today issued an invitation to the relevant team at the Treasury to accompany me on a tour of the low-stake gambling landscape, to meet with staff and to experience the nature of the close-knit culture which exists, for themselves."
