Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what assessment she has made of the adequacy of current regulatory requirements on gambling operators to carry out due diligence in verifying the source of funds when accepting customer deposits; and whether she plans to introduce further measures to strengthen such requirements.

The Gambling Commission has a duty to ensure that the necessary controls are in place to prevent gambling businesses being used for illicit purposes.

As part of the Operator’s Gambling Licence in Great Britain under the Condition of the Licence Conditions and Codes of Practice (LCCP), operators are required to keep up-to-date with emerging risks information published by the Gambling Commission. This assessment is a trigger for operators to review their own money laundering and terrorist financing risk assessments and related policies, procedures and controls to ensure that they remain appropriate and effective.

The Gambling Commission regularly publishes its enforcement actions which identifies and enforces penalties for breaches. We have regular engagement with the GC on appropriate measures and keep these under review.