Anti-Money Laundering

Anti-Money Laundering & Counter-Terrorism Financing

Lottomatica Group adopts a “zero-tolerance” approach against individuals who attempt to or breach external and internal provisions related to Anti-Money Laundering & Counter-Terrorism Financing (AML & CTF).

For this purpose, Lottomatica Group implements an AML & CTF Group Policy and Group Entities’ procedures intended to define roles, responsibilities, requirements and operating methods for the prevention and management of the risk of using the financial system for the purpose of money laundering and terrorist financing.

The Group Regulatory Compliance, AML & Quality Function is established in the form of an independent organizational unit that ensures the guidance and coordination of the shared resources within the Group for Anti-Money Laundering and Counter-Terrorism Financing purposes, also through the issuance of group-wide AML/CTF standards, guidelines and procedures.

Lottomatica Group, in fostering a corporate culture based on legality, ethical behaviors and good corporate governance, has structured solid controls for the verification and monitoring of third parties in terms of reputation, quality standards and capital / financial solidity. Furthermore, the Company has provided all employees with adequate communication channels to report non-admissible conduct within the Group.

Employees and Third Parties are adequately trained and made aware of the ML / TF risks to which they are exposed based on their roles. Where an employee becomes aware of corrupt behaviour, money laundering or other potential abuse of internal procedures or code of conduct, he/she should immediately report that suspicion through the appropriate whistleblowing channel.