What are AML obligations for iGaming operators?
iGaming platforms handle large volumes of real-money transactions, often across borders and through multiple payment methods. That makes them a target for money laundering. Regulators know this, which is why AML obligations in iGaming are among the most detailed and actively enforced requirements in the licensing framework.
Core AML obligations for licensed operators include: appointing a qualified Money Laundering Reporting Officer (MLRO); conducting risk-based Client Due Diligence (CDD) and KYC on all players; monitoring transactions for suspicious activity; filing Suspicious Transaction Reports (STRs) with the relevant Financial Intelligence Unit (FIU); maintaining records for a minimum of five years; and training all relevant staff on AML obligations at least annually. The Financial Action Task Force (FATF) sets the international standards that most regulated jurisdictions incorporate into their licensing frameworks.
AML health checks — independent reviews of an operator's AML programme — are one of the most practical tools available to operators who want to identify gaps before a regulator audit does. A health check carried out six months before a license renewal is worth far more than one commissioned after an enforcement notice has arrived.
We provide AML programme design, implementation, health checks, and ongoing management for iGaming operators.
