Remote Gaming: Updated Implementing Procedures For The Remote Gaming Sector

The Financial Intelligence Analysis Unit ('FIAU'), in conjunction with the Malta Gaming Authority ('MGA'), has published a revised version of the Implementing Procedures Part II for the Remote Gaming Sector, accessible here. The revised version has been updated in light of the realities that the FIAU and MGA have encountered in the course of their supervisory activities.

The most significant revisions made to these Implementing Procedures are listed hereunder:

• Providing further guidance on customer due diligence ("CDD"), such as on the verification of customers' identity, the carrying out of ongoing monitoring, dealing with customers who are PEPs, as well as on the requirements that persons acting as MLROs are expected to meet;