French regulator notes improved AML activity

France’s National Gaming Authority (ANJ) has noted an improvement from operators in “the fight against fraud, money laundering and the financing of terrorism.”

ANJ fraud gi web image

However, the ANJ added that, for some operators, a “margin of progress” is necessary.

Each year, operators must submit for approval an “action plan” to combat financial corruption. This provision, said the ANJ, facilitates a “constant dialogue between operators and the regulator,” though casinos and gaming clubs are exempt.

In evaluating operators’ action plans for 2021 and their implementation, the ANJ’s assessment was predominantly positive.

The French regulator highlighted their “better identification and more in-depth risk assessment” alongside a “willingness from operators to allocate sufficient human and material resources to meet their obligations.”

Further feedback concerned the improvement of operators’ “alert engineering” as well as general compliance with the procedures for drawing up suspicious transaction reports.

Regarding operators’ efforts in 2022, it encouraged them to break down their risk analyses by betting offer, for example sports or horse race betting, and distinguish players’ “degree of criticality.”

Moreover, the ANJ advised operators to strengthen their internal structures and resource dedication, alongside ensuring their “asset freezing system complies with the legal provisions in force.”

It said operators should “improve procedures to ensure effective and permanent internal control of compliance by staff.”

Regarding France’s two monopoly operators, Francaise des Jeux (FDJ) and Pari Mutuel Urbain (PMU), the regulator encouraged them to “increase and strengthen point-of-sale checks on retailers.”

This comes after the ANJ revealed a 57% rise in requests for mediation during 2021.


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