US Government recognises Antigua’s remote gaming regulation is world’s best.
St John’s, Antigua & Barbuda 11th April 2008 (UTC)
Gaming Associates welcome the recent United States (US) Government’s State Department report International Narcotics Control Strategy Report1 which acknowledges, “currently, Antigua and Barbuda does a very good job of regulating the internet casinos and is probably the world leader in dealing with AML issues with the Internet gaming industry…”
Gaming Associates started consulting with the Antigua and Barbuda Financial Services Regulatory Commission in the first quarter of 2007. Alan Pedley, Director, said from St John’s Antigua, “The last 12 months have been hectic – implementation of an internal training programme, amendments to the Interactive Gaming and Interactive Wagering Regulations, guidelines pursuant to those regulations, and ongoing implementation of enhanced internal processes. There has also been an evaluation against the Financial Actions Task Force (FATF) forty plus nine recommendations by the Caribbean FATF (CFATF) and United Kingdom (UK) white-listing efforts”.
The CFATF audit results are not yet released and the Antiguan government is reportedly confident in relation to UK white-listing. “Recognition that Antigua’s effective AML/CFT regulation of its interactive gaming and interactive wagering industries reflects positively on Gaming Associates through our consultancy with the Commission, which includes AML/CFT. We have been offering these services to regulators for years – to have this recognition of results is great”, Alan said.
Dr Aftab Rizvi, Director said from the Sydney Australia headquarter of Gaming Associates, “US State Department acknowledgement that our methodologies are the best in the world is very good timing. Our London (UK) office is now operational and we’re hoping to engage regulators throughout Europe with regard to our best-practice methodologies. We also provide consulting and accredited testing services to the UK and Alderney remote gambling industries, if we can help an entire industry in Antigua imagine the value we add to a company’s compliance efforts”.
Gaming Associates and others provide consulting services to the Antigua & Barbuda Financial Services Regulatory Commission with regard to the implementation of an efficient and effective regulatory programme for its interactive gaming and interactive wagering industries.
Gaming Associates is recognised as a world leading consulting group and approved test-house. It provides various consulting and testing services to government regulatory authorities; and approved test-house, or control systems and compliance programme consulting services to the remote and terrestrial gambling industries.