{"id":1239,"date":"2024-11-03T07:00:00","date_gmt":"2024-11-03T08:00:00","guid":{"rendered":"http:\/\/buckinghamshire-removals.co.uk\/?p=1239"},"modified":"2024-11-07T15:08:03","modified_gmt":"2024-11-07T15:08:03","slug":"gambling-commission-slams-un-allegation-that-isle-of-man-is-prey-to-organized-crime","status":"publish","type":"post","link":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/2024\/11\/03\/gambling-commission-slams-un-allegation-that-isle-of-man-is-prey-to-organized-crime\/","title":{"rendered":"Gambling Commission Slams UN Allegation That Isle of Man Is Prey to Organized Crime"},"content":{"rendered":"<div style=\"margin-top: 0px;margin-bottom: 0px\" class=\"sharethis-inline-share-buttons\"><\/div>\n<p>The Isle of Man\u2019s Gambling Supervision Commission (GSC) has taken strong exception to a United Nations report that names the British Crown protectorate\u2019s gambling regulations as \u201csusceptible to exploitation\u201d by organized crime networks.<\/p>\n<p>Acting GSC CEO Mark Rutherford strongly refuted the UN\u2019s Office on Drugs and Crime (UNODC)\u2019s report that organized crime syndicates have set up Asia-targeted operations in popular iGaming jurisdictions like the Isle of Man, Cura\u00e7ao, and Malta.<\/p>\n<p>According to the <em>Isle of Man Today<\/em>, Rutherford said <a href=\"https:\/\/next.io\/news\/regulation\/isle-of-man-gambling-regulator-refutes-un-criticism\/\" target=\"_blank\" rel=\"noreferrer noopener\">he was disappointed by the UN\u2019s claims<\/a> of the protectorate\u2019s \u201clax regulatory controls\u201d and that the Commission \u201cconducts its regulation in line with international standards.\u201d<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>the Commission \u201cdid not agree\u201d with the UN\u2019s accusation of inadequate controls<\/p>\n<\/blockquote>\n<p>Rutherford referenced GSC\u2019s high technical scoring in an anti-money laundering, combating financing of terrorism evaluation by Europe\u2019s top monitoring body and that the Commission \u201cdid not agree\u201d with the UN\u2019s accusation of inadequate controls.<\/p>\n<p>\u201cThe GSC has entry controls in place for businesses seeking licences and an ongoing supervision regime,\u201d he added.<\/p>\n<p>Earlier this year, the GSC revoked the license of Asia market-focused, Jade Tree Ltd-affiliated King Gaming following a raid and subsequent police investigation into fraud and money-laundering.<\/p>\n<p>Despite the UN report highlighting the flood of cybercrime and illegal online gambling operations blighting Southeast Asia in relation to its accusation about the Isle of Man, Rutherford said the King Gaming case was a one off.&nbsp;<\/p>\n<p>\u201cWe\u2019ve had about 250 licences in our time, and we\u2019ve had one of them turn into this.\u201d<\/p>\n<p>Rutherford stuck by the Isle of Man\u2019s ongoing popularity as a jurisdiction, stating despite the UN report, the protectorate has a&nbsp;\u201czero-tolerance attitude towards financial crime.\u201d<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.vegasslotsonline.com\/news\/2024\/11\/03\/gambling-commission-slams-un-allegation-that-isle-of-man-is-prey-to-organized-crime\/\">Gambling Commission Slams UN Allegation That Isle of Man Is Prey to Organized Crime<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.vegasslotsonline.com\/news\">Vegas Slots Online News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >The Isle of Man\u2019s Gambling Supervision Commission (GSC) has taken strong exception to a United Nations report that names the British Crown protectorate\u2019s gambling regulations as \u201csusceptible to exploitation\u201d by organized crime networks. Acting GSC CEO Mark Rutherford strongly refuted the UN\u2019s Office on Drugs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1239"}],"collection":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=1239"}],"version-history":[{"count":1,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1239\/revisions"}],"predecessor-version":[{"id":1240,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1239\/revisions\/1240"}],"wp:attachment":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=1239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=1239"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=1239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}