Denmark warns Winteq over AML failings
The Danish regulator has warned Bingo.dk operator Winteq over anti-money laundering failings.
Denmark. -The Danish regulator, Spillemyndigheden, has told Bingo.dk operator Winteq it must carry out a risk assessment for money laundering and terrorism financing after discovering current processes were out-of-date.
The Danish regulator warned Winteq that the iGaming operator must carry out a new assessment of its procedures for identifying, evaluating and analysing risk factors related to money laundering and terrorist financing.
The operator must then make necessary adjustments to its procedures based on the assessment’s finding, the regulator said.
The order falls under sections 7(1) and 8 (1) of the Danish Anti-Money Laundering Act.
Winteq runs the Bingo.dk, Spildansknu.dk and Spilleautomaten.dk sites under its Danish iGaming licence, permitting it to offer games like roulette, blackjack, baccarat, punto banco, online bingo, poker and slots, as well as games with an element of skill and chance such as backgammon and whist.
At the start of the month, Spillemyndigheden issued a warning over unlicensed bingo, saying it had detected an increase in games held during lockdown.
