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Argentina: UBA and ALEA launch AML diploma for gambling sector

The virtual program trains regulators, compliance officers and industry professionals in AML and counter-terrorism financing standards for Argentina's gambling sector.

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Key Points
The University of Buenos Aires and the Association of State Lotteries of Argentina (ALEA) will launch a university diploma on preventing money laundering and terrorism financing in gambling
The program targets regulators, compliance officers and public officials working on anti-money laundering issues, and covers international standards, Argentina's financial intelligence unit and the gambling sector's regulatory framework

The University of Buenos Aires' (UBA) Faculty of Economic Sciences and the Association of State Lotteries of Argentina (ALEA) have launched a university diploma program on preventing money laundering and terrorism financing in the gambling sector.

The diploma was developed by adapting an existing UBA academic program to the specific anti-money laundering and counter-terrorism financing requirements of Argentina's gambling sector.

The program is aimed at professionals, officials and representatives of gambling regulators, compliance officers and technical teams at entities subject to anti-money laundering obligations, members of public bodies involved in the field and other professionals seeking to specialize in regulatory compliance and risk management applied to the gambling industry.

ALEA said the diploma was created in response to growing anti-money laundering and counter-terrorism financing requirements facing gambling regulators and other obligated entities in Argentina.

The curriculum spans 12 modules covering international standards and mutual evaluations, Argentina's preventive system and the role of the Unidad de Información Financiera, criminal legislation and investigation of money laundering, supervision and sanctioning regimes, the obligations of regulated entities, and the gambling regulatory framework.

Additional modules focus on customer due diligence, online gambling regulation, prevention of illegal gambling, transactional monitoring and reporting, risk management and self-assessment methodologies, and internal audit.

Admission is open to applicants with a completed secondary education or a university degree. Registration is managed jointly by ALEA and UBA's Faculty of Economic Sciences.

The diploma will be delivered by academics from UBA alongside ALEA representatives and national and international specialists in anti-money laundering, counter-terrorism financing and gambling regulation.

Good to know

ALEA, founded in 1970, represents the gambling regulators of all 24 Argentinian jurisdictions and is currently chaired by Mendoza gaming regulator Ida López

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