Lottery organisers are subject to the obligations set out in the Act of 1 March 2018 on the prevention of money laundering and terrorist financing. The most important of these include, amongst others:

  • The application of financial safeguards in relation to clients;
  • Identifying and documenting the risks of money laundering and terrorist financing;
  • Assessing the level of identified risk.

Financial safeguards

The financial safeguards mentioned above included, for example:

  • Identification and verification of the customer’s identity;
  • Assessing economic relations and obtaining information on their purpose and nature;
  • Ongoing monitoring of the client’s business relations.

Financial security measures are used by lottery organisers in a number of situations. These include establishing business relationships, specific transactions, suspicions of money laundering or terrorist financing, and doubts regarding customer verification data.

https://www.marketingbusinessblog.pl/obowiazki-organizatora-loterii-na-gruncie-ustawy-aml/