Regulation GG Internet Gambling
Federal Reserve Bureau (FRB)
Regulation GG of the Federal Reserve Board implements features of the Unlawful Internet Gambling Enforcement Act. Internet gambling is any gambling that involves the use of the internet in some way. Under the regulation financial institutions and other businesses that play a role in certain placement systems are required to have policies and procedures in place to identify and block proceeds from unlawful internet gambling transactions or prevent or prohibit the unlawful transactions.
View the course for more details.
Please sign up for the Premium Membership to view this content.