Spillemyndigheden, a Danish game regulator, has announced that it will be involved in the Ministry of Justice’s new national money laundering prevention strategy.
Spillemyndigheden has been nominated as an institution involved in government strategic documents, along with organizations such as the Danish Financial Supervisory Authority, the Bar Council and the Danish Business Institutions.
In the document, the Money Laundering Secretariat and Police Intelligence Services are the areas with the highest risk of money laundering and terrorist financing, such as foreign currency exchange companies and remittance companies, high-value commodity trading, neobanks and cryptocurrencies. I am evaluating it. Part of the gambling and non-profit sectors.
In addition, among the five pillars of the new strategy are several new languages that may have a regulatory impact on the upcoming gaming sector. Strengthening cooperation between public and private institutions, focusing on international cooperation, and increasing the use of digital and technical solutions. ..
Justice Minister Matthias Tessfay has issued a statement as well as clarifying the strategy. He said, “Criminal gangs and international tax evaders use money laundering to disguise illegal profits. We must stop it.
“Financial crimes cross national borders, and the fight against financial crimes crosses authorities. Therefore, the government has already taken many initiatives to stop fraud.”
Tesfaye added that Danish police have set up a new AML unit.
“In particular, we have set up a new force in the police to deal with this type of special crime and to serve as a table for new operational cooperation with civilian stakeholders in the fight against money laundering.”
“But we can and must do more, so the new strategy is organized crime, especially the general and more focused fighting with the people behind it. A truly important initiative that can be used in. “
This strategy will be implemented until 2025 and will attempt to build on previous AML initiatives in recent years.
Simon Kollerup, Minister of Trade and Industry, said: With this strategy, we take action against criminals who abuse the system for their own benefit. “
“We will step up our efforts at all levels to ensure that criminals are attacked in the most injured areas. We do this through enhanced domestic and international controls and cooperation. Strategy is a visible proof that we are ready to take all necessary steps to strengthen the fight against economic crime. “
Spillemyndigheden recently blamed many operators for money laundering failures. Especially Casumo in July, bet365 in May, and Reel in February this year.
