All of the above. Team members can be penalized for AML (Anti-Money Laundering) violations through various measures, including:
- Gaming license revocation: If applicable, individuals or entities could lose their licenses to operate within the gambling industry.
- Civil penalties: Financial penalties imposed by regulatory agencies for non-compliance with AML laws and regulations.
- Criminal penalties: Serious violations could lead to criminal charges, resulting in fines or imprisonment.
- Disciplinary action: Employers may take internal disciplinary measures against employees, ranging from warnings to termination.
Therefore, the correct answer is "All of the above."
1 answer