S.L. 373.1 Art. 3Specific gaming services.

(1) The Financial Intelligence Analysis Unit, in conjunction with the relevant supervisory authority may, following an appropriate risk assessment, determine that these regulations are not to apply, in whole or in part, to specific gaming services on the basis of proven low risk of money laundering and funding of terrorism posed by the nature and, where appropriate, the scale of operations of such services.

(2) Any exemption in terms of sub-regulation (1) shall be revoked if the Financial Intelligence Analysis Unit, in conjunction with the relevant supervisory authority, determines that the risk of money laundering or funding of terrorism posed by such gaming services can no longer be considered as low.

(3) Any exemption or revocation in terms of this regulation AND FUNDING OF TERRORISM shall be communicated to the European Commission.

(4) The provisions of sub-regulation (1) shall not be applicable to casinos and/or to any casino type games provided via electronic means of distance communication.