Covid-19 – risk or opportunity? The latter if you’re a fraudster or money launderer looking to take advantage of the ways that life has changed in the last few months. As a result, there has been an increase in crimes such as fraud, cybercrime and misappropriation of government funds facilitating new sources of proceeds for illicit actors.
During this webinar we reviewed and discussed guidance issued by the Financial Action Task Force (FATF) as to how countries’ regulatory regimes and regulated entities should adapt and be aware of the money laundering and financial crime impact of Covid-19.
Catch-up below on our webinar to find out:
- How has the FATF advised regulated industries on the AML threats & risks of Covid-19?
- How might the fraudsters and money launderers respond?
- What is the Maltese Gaming Authority’s view of how online gaming operators should respond to the challenges of Covid-19?
- How does HooYu help gaming operators to deploy risk-based Customer Due Diligence to increase security at this difficult time?
