Hand Pointing at the words 'AML Anti-money laundering' on a screen.

Anti-Money Laundering Guidance

The GSC is committed to combatting Money Laundering, Financing Of Terrorism & Proliferation Financing.  Collectively these requirements are known as AML/CFT controls

As the Island's gambling regulator, the GSC is responsible for regulatory oversight of the gambling sector including operators’ compliance with legislation such as the Gambling Acts and the Gambling (Anti- Money Laundering and Countering the Financing of Terrorism) Code 2019 (the Code).

We do this through inspections that are focussed on  the policies, procedures and controls a Licence Holder has in place and how they adhere to these and ensure all their staff members are aware of their roles and responsibilities, through a robust training programme.

The GSC participates in national initiatives to continually assess the risk of money laundering and terrorist financing within the gambling sector as well as evaluation exercises, conducted by external teams of assessors, which check the Isle of Man’s national commitment and performance against international standards

This webpage features lots of helpful information in relation to what AML/CFT is, how it affects you as a licence holder and plenty of guidance documents to assist you.

It also sets out the role of the FATF & MONEYVAL and how the Isle of Man's national strategy is geared up to complying with international standards to counter money laundering and the financing of terrorism.

You can email any questions you have to our team at gscamlinspections@gov.im