Australia’s financial intelligence agency AUSTRAC is implementing new anti-money laundering and counter-terrorism financing (AML/CTF) rules to strengthen customer identification procedures for online gambling service providers.
Under the National Consumer Protection Framework for Online Wagering, Australian state governments agreed to implement customer pre-verification for online gambling accounts.
To implement this measure, the AML/CTF Rules have been amended to strengthen the applicable customer identification procedures (ACIP) that apply to online gambling service providers.
AUSTRAC said that this will help ensure [...]
