UK Gambling Commission publishes new LCCP
The new LCCP, which will come into effect October 31, 2016, is a license condition all operators are expected to adopt.
The most recent and future amendments to the LCCP include the prevention of crime associated with gambling; placing digital adverts responsibly; extending the requirement to assess and manage money laundering risk to non-remote lotteries; and, controlling where gaming machines may be played in betting, bingo and casino premises.
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“A key focus of this review has been the anti-money laundering provisions within LCCP and we have introduced a new consolidated principal anti-money laundering requirement as the most significant change,” a press statement from the UKGC outlined. “This will require licensees to assess and manage the risks of their business being used for money laundering and terrorist financing”.
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