Anti-Money Laundering and Terrorist Financing in the gambling service market.
Hellenic Gaming Commission (HGC) is the competent authority for regulating, supervising and controlling gambling in Greece. Its main goal is to safeguard public and social interest, public revenues and legitimacy of the gambling providers both in the stages of licensing and operating.
According to the Law 4557/2018 [Government Gazette 136/issue A, (article 6 par. 1)], HGC is the competent authority for monitoring the implementation of its provisions according AML/CTF to casinos, casinos on board under Greek flag, enterprises/businesses, organizations and agencies who organize and/or conduct gambling in Greece, plus their land-based agencies.
- Hellenic Anti-Money Laundering and Terrorist Financing Law (L. 4557/2018).
- Regulation on the implementation of measures for combating the laundering of money from criminal activities and countering financing terrorist activities by the persons liable in the gambling services market. Decision number 129/2/7.11.2014 (Government Gazette issue number 3162/issue B/25.11.2014).
- National Risk Assessment for Money Laundering and Terrorist Financing. [Related document]
- High-risk and other monitored jurisdictions as published by F.A.T.F..
- Supra-National Risk Assessment (SNRA) of the risks of ML and TF affecting the internal market and relating to cross-border activities (EU 2017).
- Supra-National Risk Assessment (SNRA) of the risks of ML and TF affecting the internal market and relating to cross-border activities (EC-COM(2019) 370 final 2019). (https://ec.europa.eu/info/policies/justice-and-fundamental-rights/criminal-justice/anti-money-laundering-and-counter-terrorist-financing_en)