The goal of the meeting was to share knowledge and reinforce the fight of the Buenos Aires lottery against this criminal practice.
Argentina.- The Buenos Aires City Lottery (LOTBA) trained the managerial and general staff of the Provincial Institute of Gambling of Jujuy (InProJuy) with the aim of strengthening knowledge and good practices in the prevention of money laundering and terrorist financing.
The technical team from the City Lottery that participated in these sessions was made up of the Director and Compliance Officer, Ezequiel Domínguez, the Head of the AML/FT Unit, Carolina Galtieri, the Manager of Modernization and Information Technologies, Sebastián Vivot and the legal advisor of the AML/FT Unit, Carla Ferreyra.
During these meetings, the work that has been continuously carried out in terms of risk identification and mitigation, the implementation of advanced technological tools, and the training of staff and the sales network were shared; as well as references to institutional relations with the Financial Information Unit and collaboration with various lotteries in the country and Ibero-America through ALEA and Cibelae.
«Participation in these types of sessions reinforces the commitment made by the City Lottery regarding the importance of awareness in the prevention of money laundering, in line with the purpose of contributing to the construction of a regulated, safe, legal, and transparent gambling market», explained from LOTBA.
LOTBA has been diligently working in this area and at the beginning of this month, representatives of the entity held a meeting with authorities of the Financial Information Unit (UIF) in order to consolidate the joint work to continue promoting the effective implementation of UIF Resolution 194/23, which regulates the sector and plans future actions around crime prevention.
The meeting aimed to learn about the application of new technologies to the processes of preventing money laundering carried out by the City Lottery, based on regulatory updates and the advancement of online betting. In addition, initiatives were proposed and evaluated jointly to generate awareness in preventive matters against illegal gambling practices.
After the meeting, the parties assured that awareness in the prevention of money laundering is one of the central management objectives of LOTBA, in line with the purpose of contributing to the construction of a regulated, safe, and legal gambling market.
“The UIF continues to strengthen collaborative spaces with each of the actors of the National Preventive System ALA/CFT/CFP”, assured from the Ministry of Justice of the Nation.
In addition to working towards a more transparent gambling market, LOTBA also recently signed an agreement with the Secretary of Comprehensive Welfare of the Buenos Aires government to work on the promotion of conscious use of technology.
The goal is to collaborate in the development of various actions to raise awareness about the responsible use of technology and train the general population, focusing on older adults, regarding the associated risks, as well as the negative consequences of excessive use of mobile devices for mental and physical health.
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“This agreement opens the doors for us to work in alliance with older adults, who often manage to talk with minors -their grandchildren- about difficult topics, such as access to illegal gambling on online sites», explained the president of LOTBA, Jesús Acevedo.
