International edition
September 26, 2020

Roskomnadzor instructs Skrill and Yandex to halt transactions with illegal operators

Illegal online gambling in the spotlight of Russian regulator

Illegal online gambling in the spotlight of Russian regulator
The Russian Internet regulator Roskomnadzor continued to show its teeth this week, communicating with banks to warn them to review and remove illegal (blacklisted) online gambling sites from their systems in order to disrupt financial transactions, and re
Russia | 08/12/2016

The Russian Internet regulator Roskomnadzor continued to show its teeth this week, communicating with banks to warn them to review and remove illegal (blacklisted) online gambling sites from their systems in order to disrupt financial transactions, and revealing that in the first week of August alone the regulator has imposed ISP blocks on 350 unlawful gambling websites.

T

he Russian Finance Ministry has also been active, initiating amendments to the law on securities which target gambling activity in the financial markets, and enable the revocation by the Central Bank of professional licenses in the securities market for conduct which is related to gaming.

Last October the Central Bank revealed that it planned to initiate audits of companies offering unlicensed gambling services under the guise of brokerage transactions.

Roskomnadzor has additionally instructed payment processors Skrill and Yandex to halt transactions with illegal gambling operators.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook