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Tag: anti-money laundering

Spreadex Fine: £2.02 Million for Regulatory Breaches

Posted on May 17, 2025

Spreadex fine has drawn significant attention from the online gaming community after the UK Gambling Commission imposed a hefty £2.02 million penalty due to violations of anti-money laundering (AML) regulations and social responsibility standards.This enforcement action, the second against Spreadex since 2022, highlights the importance of customer risk assessment and robust due diligence protocols within the gaming sector.

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