Jili slot club login app philippines,Recharge Every day and Get Bonus up-to 50%! https://www.shirleyretreathotel.com/category/case-study/compliance/ High quality training courses, eLearning and masterclasses for iGaming and online gambling professionals in jurisdictions worldwide Fri, 23 Feb 2024 14:52:00 +0000 en-GB hourly 1 https://wordpress.org/?v=6.6.2 https://www.shirleyretreathotel.com/app/uploads/2018/10/Fav_Icon-100x100.png Compliance Training | iGaming Academy https://www.shirleyretreathotel.com/category/case-study/compliance/ 32 32 iGaming Academy: Anti-Money Laundering Ontario Training, Mandatory Deadline Coming Up Next Month! https://www.shirleyretreathotel.com/igaming-academy-anti-money-laundering-ontario-training-mandatory-deadline-coming-up-next-month/ Thu, 22 Feb 2024 13:47:25 +0000 https://www.shirleyretreathotel.com/?p=15350 The post iGaming Academy: Anti-Money Laundering Ontario Training, Mandatory Deadline Coming Up Next Month! appeared first on iGaming Academy.

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If you still have to complete your annual Anti-Money Laundering training for Ontario, the deadline is March 31st!

According to the requirements set by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its associated regulations, an AML Compliance Program needs to incorporate ongoing training sessions for staff members. The purpose of this training is to enhance Operators with better understandings of the regulatory duties, AML procedures, and the implemented controls, while also outlining Operators’ roles in detecting and preventing activities related to Money Laundering and Terrorist Financing.

Here are some reminders:

  • All employees involved in AML/ATF-related activities, including Senior Management (with roles outlined in your AML policies and procedures), are required to complete the iGO 2024 AML/ATF Training by March 31, 2024.
  • An assessment with a minimum passing score of 80% is mandatory. Record of successful completion, including the assessment results, must be shown for each employee and made available if requested.
  • Operators can use their own training module as long as it incorporates and utilises the iGO AML/ATF training content, specifically Canadian AML/ATF regulatory requirements, at a minimum.
  • Upon completion of the training, an attestation must be sent over to confirm that all employees required to take this training have done it. This attestation must be submitted to iGO no later than April 12, 2024. It is crucial that all necessary employees complete this training module by the specified deadline to ensure that AML/ATF compliance standards are met.

Understanding the responsibilities that both individuals and businesses should have in order to identify instances of money laundering and terrorist financing along with how to prevent them is the main goal of this training. Learning the obligations when it comes to reporting and recording these instances is also imperative.

iGaming Academy has a partnership with the Canadian Gaming Authority (CGA) that brings vital Canadian-specific eLearning courses and services to the market. Together we bring our online training capabilities and experience with their Canadian network, market expertise, and insight.

If you need to get your Ontario AML training done ASAP, here’s the link to our course:

Anti-Money Laundering and Counter Terrorist Financing For Online Operators

Need the training for your whole company? Check out our Learning Management System, which can be curated to seamlessly teach all your employees:
https://www.shirleyretreathotel.com/how-it-works/

Interested to learn more about our CGA Partnership, see here:
https://canada.www.shirleyretreathotel.com/courses

Get in touch with us if you have any more questions
https://www.shirleyretreathotel.com/contact-us/

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Why Prioritise Responsible Gambling? https://www.shirleyretreathotel.com/why-prioritise-responsible-gambling/ Wed, 14 Apr 2021 09:52:34 +0000 https://www.shirleyretreathotel.com/?p=8874 The post Why Prioritise Responsible Gambling? appeared first on iGaming Academy.

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Yuliya Khrenova

Compliance Officer

2021 is the year of Responsible Gambling and Addiction Prevention. Following up on the additional responsible gambling measures introduced throughout 2020, gambling authorities worldwide are intensifying their scrutiny of ?operators implementing social duty.

Several gambling authorities introduced new gambling restriction measures in light of the COVID-19 pandemic and its social economic impact on the population. These include the deposit and time limits being lowered in Sweden and the UK along with temporary responsible gambling guidelines. The temporary restrictions might soon be lifted but the direction of operators’ social responsibility is clear for years to come. Promotion of initiatives such as the UK’s GAMSTOP have led to a 21% increase in annual registrations with total membership now at over 200,000. Over 96% of players continue to retain a block on gambling activity.

The tendency to lower players’ limits and increase promotion of gambling awareness is obvious in the new markets, such as Germany and the Netherlands, which take an almost radical approach to the supervision of addiction prevention. Following suit, well-established regulators, such as the UK Gambling Commission and the Danish Gambling Authority, tightened the licensing requirements for an operator’s duty of care.

Customer verification, deposit limits and a responsible gambling page on the operator’s website are not enough to meet the licensing requirements anymore. Compliance with the licensees’ duty of care will from now on require a complex approach to customer management and monitoring with increased attention to customer interaction. Vulnerability and affordability checks in line with customer risk profiling put more pressure on customer due diligence and monitoring procedures. According to the UK Gambling Commission requirements, high-value customers fall under special requirements.

Promoting gambling awareness through both automated and manual customer interaction will bring the operators’ social duties to the next level. Awareness and transparency about players’ gambling behaviour is to be achieved with the help of automated messages, pop-ups, clocks on the website and/or through email communication or responsible gambling interview with the RG specialist. Special conversation techniques are to be developed and risk indicators in communication will be determined for effective addiction prevention communication and handling of related risks including suicide threat.

Tailoring of responsible gambling emails and live communication with customers trigger further diversification of the operators’ responsible gambling talent and boost partnership with external addiction prevention and treatment experts and institutions.

A complex approach to gambling addiction prevention results in tightening the licencing standards and further emphasising the social responsibility of gambling operators. Prioritising responsible gambling in 2021 is not just a trend, it’s a compliance requirement.

ARRANGE A CONSULTATION

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