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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.According to a Monday report from iGamingBusiness. If you beat the dealer’s card, then your win will be doubled and you can choose to try again....

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Additional factors purportedly encompass the types of services purchased and whether a client has ever presented a suspicious or fraudulent document or taken actions to avoid registering or identifying the source of their funds.ence.Corporate com777 cas ino english qdhtmitments: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....

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Corporate com777 cas ino english qdhtmitments: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.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.Recognition requisite:In terms of particular facets of the fresh know-your-customer directives, all lottery and iGaming operators in Lithuania will now be reportedly required to identify politically vulnerable or high-risk clients playing from abroad before applying a series of enhanced identification protocols and registrations....