EGBA Welcomes Proposals For New EU Anti-Money Laundering Rules
⏱ 2 min read
(Brussels).- The European Union’s anti-money laundering rules are set to be updated and reinforced after the European Commission published proposals for two anti-money laundering (AML) Regulations and a revision of the current EU AML Directive[1] today. The European Gaming and Betting Association (EGBA) welcomes the proposals and reaffirms its commitment to work with all relevant regulatory bodies, including the European Commission, to combat money laundering in the EU.
The Commission’s proposals follow concern and criticism in recent years that some EU member states have not sufficiently implemented and enforced the EU’s current AML rulebook. While the proposed Regulations are primarily aimed at financial services, some of the horizontal changes proposed are also expected to affect Europe’s online gambling sector, including rules on beneficial ownership, customer due diligence and the establishment of a new EU AML authority.
The legislative package will now go through the EU legislative process and will be sent to the European Parliament and Council for discussion and ultimately approval, which might take upwards of 18 months. Once approved, the Regulations will immediately enter into force in all EU member states, the Directive will need to be transposed into national regulation by EU member states.
EGBA will analyse the future implications of the proposed changes for the AML compliance requirements of Europe’s online gambling sector. To ensure the best possible application of the EU’s AML rulebook, EGBA is preparing a set of sector-specific guidelines for Europe’s online gambling companies. The guidelines will be published later in 2021.
“We welcome the efforts of the European Commission to continuously improve the EU framework for combatting money-laundering. EGBA members already apply the highest regulatory standards in AML compliance and are fully committed to tackling money laundering in the online gambling sector. To support this, we are working closely with our members to develop EU-wide, sector-specific guidelines to help Europe’s online gambling companies comply with the increasingly complex AML rules in the EU.” – Ekaterina Hartmann, Director.
Categoría:Others
Tags: Sin tags
País: Belgium
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
ProntoPaga Consolidates Its Position at Peru Gaming Show 2026
(Lima, SoloAzar Exclusive).- Juan Carlos Loza, Head of Sales Latam at ProntoPaga, spoke exclusively after the company's participation in Peru Gaming Show 2026, highlighting the agreements reached, the interest in their payment solutions, and the expansion plans that will drive their growth across Latin America.
Monday 03 Aug 2026 / 12:00
Enhancing Responsible Gaming Through Effective Training at PGS 2026
(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.
Wednesday 22 Jul 2026 / 12:00
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
