888 brand Mr Green has been hit with enforcement action in Denmark over breaches of the Anti-Money Laundering Act.
The Danish Gambling Authority said Mr Green’s risk assessment is “insufficient” and has ordered the operator to submit a revised risk assessment by June 10.
The regulator, Spillemyndigheden, said Mr Green “does not have adequate procedures for internal controls, as these do not describe the interval at which controls should be performed.”
Mr Green must also submit a revised business procedure for internal controls and submit prepared business procedures for how the implementation of controls is monitored, the regulator said.
“The Danish Gambling Authority assesses that the risk assessment must include a separate assessment of the risk of the individual payment solutions and delivery channels, as well as a separate risk assessment of the risk factors associated with these,” it said.
“Thus, Mr Green did not comply with the risk assessment obligation.”
An 888 spokesperson said: “Following a routine audit of Mr Green by the Danish regulatory, Spillemyndigheden, we have three audit findings to address.
"We are working closely with the regulator and plan to make some minor amendments to our AML processes and accompanying documentation."
