Austrian Study Finds Few Risks of Money Laundering in Online Poker

TÜV Trust IT GmbH has published the findings of its economic study into money laundering risks which concludes with a plan to eradicate the risk.

The Austrian company TÜV Trust IT has published an economic study “Online Poker: Possible Money Laundering and its Prevention” which suggests that policymakers have exaggerated the risks of money laundering in online poker.

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Austria Germany

Jocelyn Wood, Editor Joss is a graduate in English from the University of Birmingham and has a Master’s Degree in Organisational Development from the University of Manchester. His career path has taken him from the British Army, through business & finance to seven years as a successful professional poker player. His experience of the European Union, law, accounting, finance, regulation and online poker provide the basis for his insights in the PRO specialist categories of Industry and Law & Regulation. As CEO he steered his own company through full Financial Services Authority regulation, and was asked by Morgan Stanley to take their UK mortgage business through the same process. Although British, he lives in Arequipa, Peru, set high in the mountains and surrounded by volcanoes. He is married to a Peruvian and has three children.

Article published on September 30, 2013.

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