Description
The program covers among others, topics that are considered of major importance in Gambling and Betting Sector, where it has been a channel by criminals to launder illicit funds but also the hiding of increased crime. This program aims in bringing knowledge and expertise of proper KYC of players, analyzing their intentions, determination and addiction in the game, with the ultimate goal of countering illicit activity and/or the exploitation of addicted players in engaging in money laundering and other crimes for the money.
The topics prepared for you are as follows:
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Regulatory Requirements & Penalties
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Industry Risks
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Basic Principles in Gambling & Betting
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Money Laundering & the Use of Gabling & Betting Sector
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Addictions of Players and their exploitation by criminals
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Anonymity in Gambling & Betting Sector and the risks of Money Laundering
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Stages of Money Laundering and the use of cash in the Gambling & Betting Sector
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The use of Casinos for illicit activities
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Countering fighting back illicit activities and the exploitation of the Gambling and Betting Sector
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Crimes in Sports
Presenter's profile
Our presenter in this training journey is Mr Avraam Demetriou(CAMS), a Compliance Professional, Founding ACAMS Cyprus Chapter and Member of ACAMS Task Force. Approved HRDA Trainer in AML, Transactions Monitoring, Sanctions, EDD in Foreign Investments and Cybersecurity
Definite interest to:
- All Members of staff of Approved Gambling & Betting shops
- All Members of staff of Approved Casinos
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All Members of staff in the Sports Betting, horse-racing, motorcycle-racing, F1 sports Betting, or other professional sports.
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All Members of staff in Financial Services engaged in transaction and accounts monitoring of their customers, effecting due diligence.