Compliance Updates

MGA and ANJ Held Two-day Technical Meeting on AML/CFT Matters

Published

3 years ago

October 12, 2022

Niji Narayan

Reading Time: < 1 minute

The Malta Gaming Authority and French regulator, L’Autorité Nationale des Jeux (ANJ), collaborated on a joint technical meeting on Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) matters. The two-day long workshop was held remotely between 27 and 28 September 2022.

The purpose of the meeting was to showcase the methodologies and requirements of both authorities as well as to foster cooperation between two regulators.

The joint workshop looked at an overview of both MGA and ANJ’s AML Units’ functions, composition and objectives with specific focus on the supervisory aspect. This included presentations on corresponding legislation, overview of AML/CFT obligations of licensees, the examination process and post-examination procedures and the common pitfalls which are encountered during such processes. In addition, the workshop also delved into the onboarding procedures from a fit and propriety standpoint.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.