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Reportedly reads a section of Lithuania’s new know-your-customer guidelines…“The company should try to get as much information as possible from the client.9% yeaReportedly reads a section of Lithuania’s new know-your-customer guidelines…“The company should try to get as much information as possible from the client....

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The source detailed that the guidelines moreover outline what factors such sectors should be considering when assessing business relationships and monetary transactions so as to help stamp out the threats posed by money laundering.Remmers’ statement read…“In a world where responsible gaming standards are becoming more and more important and regulations regarding this are a top priority, IGT’s operations fully understand this and act accordingly. All information provided by the client must be cohotels with a cas ino near me uaionfidential and carefully protected in accordance with the law and the company’s procedures....

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8 million people, Lithuania reportedly signed a cooperation agreement earlier this year that is to see it move towards fully ratifying the European Union’s anti-match-fixing Macolin Convention.com, the Gambling Supervision Service regulator revealed that the revised regulations have been designed to bring the local online gaming and lottery industries into line with the country’s Prevention of Money Laundering and Terrorist Financing Law.Surpassing specifications:Wendy Montgomery serves as Global Brand, Marketing and Communications Senior Vice-President for IGT and she used the press release to proclaim that G4 works towards minimizing the impact of problem gambling via the promotion of ‘a worldwide accreditation program for gaming industry operators and suppliers’....

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Corporate commitments:The new rules also reportedly mandate that local companies carry out commensurate authentications on any business relationships they hold with non-domestic compatriots or individuals from nations identified by the European Commission as being a potential high-risk source of money laundering.Authorities in Lithuania have reportedly published a series of new know-your-customer rules for iGaming firms following the recent emergence of allegations that the small nation’s online gaming industry may have become an easy target for money launderers.com, the Gambling Supervision Service regulator revealed that the revised regulations have been designed to bring the local online gaming and lottery industries into line with the country’s Prevention of Money Laundering and Terrorist Financing Law....

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She moreover declared that this organization recently determined that products from her firm’s IGT Gaming and PlayDigital arms continued to ‘exceed industry standards for providing player protection tools and responsible gaming information’.The London-headquartered firm used an official Monday press release to detail that its IGT Gaming and PlayDigital divisions were initially accredited by the renowned responsible gaming organization in 2017 and 2019 respectively and have now become the first such enterprises to have again received such coveted endorsements. She moreover declared that this organization recently determined that products from her firm’s IGT Gaming and PlayDigital arms continued to ‘exceed industry standards for providing player protection tools and responsible gaming information’....