Sweden’s Spelinspektionen Launches New AML Reporting System

Spelinspektionen the Swedish Gambling regulator has launched a new programme for alleged money laundering and terrorist financing to be reported by licenced operators.

GoAML is scheduled to launch on 13 January 2020 to replace the existing DAR system currently being used by officers, with Spelinspektionen saying the new platform would help improve the quality of police coverage.

On December 9, the goAML portal will open for registration and licensees will be able to sign up before the January launch date, after which they will be able to start filing documents.

Registration is subject to police approval but the regulator said it shouldn’t take longer than two days to complete the procedure.

DAR will remain open until February 29 next year to allow sufficient time for operators to move to the new system. Nevertheless, Spelinspektionen said it should not be shared with the other once a document has been entered into one process.

DAR will close from 1 March and all official reports on anti-money laundering and terrorist financing should be filed on goAML only.

The launch comes at a time when Spelinspektionen is continuing to clamp down on the country’s unlicensed and unregulated gambling activities after its regulated market opened earlier this year.

In June, after finding “serious deficiencies” in business practises, including weaknesses related to responsible gaming and anti-money laundering initiatives, Spelinspektionen moved to revoke Global Gaming’s operating licence.

The Ninja Casino owner has appealed on numerous occasions against the decision, but has not been successful yet. Nevertheless, when it rolled out new brand NanoCasino in collaboration with Finnplay Group, Global Gaming resumed its operations on the Swedish market in August.

More recently, Spelinspektionen called on payment service providers not to engage in business with illegal gambling operators targeting the regulated igaming market in the country. Through partnering with non-licensed firms, she said, payment processors compromised her enforcement efforts and violated the Gaming Act.