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UKGC sanction: Greentube Alderney Limited
→ Greentube Alderney Limited (license 39050)
A section 116 (of the Act) regulatory review was commenced following a Compliance Assessment of the remote Operating Licence of Greentube Alderney Limited (licence number 039050 – R – 319315-018). The review found failings in Greentube Alderney Limited’s Anti-Money Laundering / Counter Terrorism Financing (AML/CTF) and Social Responsibility (SR) controls. Greentube Alderney Limited failed to comply with the following requirement of the Licence Conditions and Codes of Practice (LCCP) between September 2022 and June 2023: paragraph 3 of Licence Condition (LC) 12.1.1 which requires licensees to ensure that Money Laundering (ML) policies, procedures and controls are implemented effectively, kept under review, revised appropriately to ensure that they remain effective, and take into account an
Amount (EUR)
€1,170,000
Original currency
£1,000,000
Action date
2025-01-09
Authority
UK Gambling Commission
Country
GB
Primary source:
https://www.gamblingcommission.gov.uk/public-register/regulatory-action/detail/238 ↗
https://www.gamblingcommission.gov.uk/public-register/regulatory-action/detail/238 ↗
Factual reporting based on the linked authority publication. Quoted summary generated from the official source by WagerX Forensic Team using AI-assisted extraction. This page is not legal advice, not an editorial opinion, and not commentary on parties beyond the facts stated by the authority. If you represent an entity named above and require a correction, contact us with the source reference.
