Denmark deepens knowledge on anti-money laundering: third stage of training
Date: 2024-07-08 Author: Leon Pierce Categories: EVENTS
The Danish Gaming Authority, Spillemyndigheden, has announced the third phase of anti-money laundering (AML) and counter-terrorist financing training. The event, which will take place on October 31st, has attracted significant interest from interested participants, celebrating the continued success of previous initiatives.
Organizers and participants
The event is organized with the support of the Danish Business Administration, the Danish Financial Intelligence Unit, the Danish Security Intelligence Service, the Danish Law Society, the National Special Crime Unit, the Danish Supervisory Authority and the Danish Tax Agency.
The event is held in the format of mixed meetings, sessions and group interactions in Copenhagen. The training will be based on four real-life cases of money laundering and terrorist financing, discussed in Danish.
Previous successes and motivation
Previous rounds of training, held in November 2023 and April 2024, received widespread recognition and support, which contributed to the organization of the third round. The main purpose of the event is to improve practical knowledge and exchange experiences between participants required to comply with anti-money laundering legislation in Denmark.
In the context of recent changes, Spillemyndigheden is also preparing to introduce new licensing requirements for game providers from early 2025. The latest reports also note a slight decline in monthly global gaming revenue (GGR) in Denmark by 6.9% to DKK 595 million in April 2024.
The third phase of anti-money laundering training reflects the Danish authorities' desire to improve the effectiveness of measures to combat financial crime. Cooperation between key public and private sectors aims to strengthen the rule of law and security in the Danish gambling industry.
