AML (Anti-Money Laundering) covers the controls intended to prevent, detect and report use of the operation for money laundering. In iGaming the typical design combines transaction monitoring, alert rules, human review and reporting to the competent authorities.
Signals that commonly feed monitoring: deposit and withdrawal in sequence with minimal play in between, use of third-party payment instruments, structuring amounts just below reporting thresholds, and mismatch between volume moved and the declared profile.
Two operational points separate a mature programme from a formal one:
- Alert calibration. High alert volume without review capacity produces a queue, and a queue produces rushed decisions. Alert-to-case and case-to-report rates are quality metrics for the programme.
- Traceability. Who decided, on what basis, and when. Without an intact log, the defence in an audit relies on memory.
AML and anti-fraud share signals but have distinct purposes and should not be merged into one process.
Updated
All terms