Financial Risk Checks
1 articles tagged "Financial Risk Checks".
UKGC Initiates Staged Financial Risk Checks with Higher Initial Threshold
The UK Gambling Commission is rolling out financial risk assessments in a phased manner, beginning with a higher £5,000 net deposit threshold and a unique non-enforcement approach to allow for collaboration and refinement. This initial stage, with no set start date yet, aims to support vulnerable customers using high-quality data while minimizing friction for others, though industry concerns about the definition of 'frictionless' checks persist.