Q.What are the Anti Money Laundering requirements for a Malta licenced operator

A.Every Licencee is required to comply with the Anti Money Laundering Act  a copy of which may be obtained from our office on request.

Of importance in this act are issues such as:

• The KNOW YOUR CLIENT routines in the registration stage for new players,
• Each player must play only through his/her account
• Not more than one account per player
• The audit trail of the player account kept and the games played.
• Any software or other controls aimed at highlighting suspicious transactions.

Also , during the application process, due diligence procedures are carried out by the Gaming Authority on all shareholders with at least 5% equity, directors and key officials of the company.

Each employee of the company must also be approved by the Authority after due diligence is carried out on him/her.

1. Location of Servers
2. Maltese Players
3. Maltese Ownership
4. Licencing Process
5. Why Malta
6. Foreign Licenced Operations
7. Employment
8. Licencing Time Frame
9. Ancillary Services
10. Who needs a gaming licence