The EU AMLCFT Global Facility continues its work with #Mozambique 🇲🇿 , with the delivery of a specific e-training course on Gaming.
Following a request from the General Inspector of Gaming (GIG) of Mozambique, the EU Global Facility designed a comprehensive work programme aimed at addressing the recommended actions outlined in the Post-Observation Progress Report.
🔍 Sessions 1 & 2 (4th and 11th May) were dedicated to the main area of focus, IO 3/Supervision. These informative sessions delved into the world of AMLCFT for gaming, covering crucial topics such as requirements, typologies, supervision, risk assessment, and coordination with other competent authorities like the FIU and/or the LEAs. This aligns perfectly with the actions emphasised in the FATF Post Observation Progress report.
💼 Today, on May 19th, we launched Session 3 on IO 3/Supervision, going in-depth on the following crucial aspects:
- 1️⃣ Identifying clients: Understanding the importance of accurately identifying clients within the gaming sector.
- 2️⃣ Verifying information: Emphasising the significance of verifying client information to ensure transparency and accountability.
- 3️⃣ Recording data: Highlighting the need to maintain proper records of all relevant information.
- 4️⃣ Detecting suspicious transactions: Equipping participants with the skills to identify suspicious transactions within the gaming industry.
- 5️⃣ Disseminating suspicious transactions to the FIU: Establishing effective channels for promptly reporting any suspicious activity to the Financial Intelligence Unit.
We extend our sincere congratulations and gratitude to the gaming authority in Mozambique for their strong engagement and commitment towards enhancing AML/CFT practices in the country.
Special thanks and recognition also to Paulo Lopes, Gaming Authority in Portugal, for his invaluable contributions and support in this endeavour.