Speaking of the need for an adequate LA / FT Risk Management System, all natural and legal persons face daily contingencies of various political, economic and social indoles that can lead to a threat of an operational, contagious or legal nature.

That is why we are obliged to make visible the types of hazards that can be permeated within our companies and apply a due process of risk management that should be part of the internal strategic manual, good corporate governance and the control department as a process of great importance being permanent, continuous, objective and in addition to this systematic. This should be adjusted with the social and economic purpose of the company.

It is of great importance to me to invite you to have an approach based on risk prevention related to money laundering and Terrorist Financing, adapting monitoring systems to ensure compliance. It is relevant to study the COSO report, a document that contains the main guidelines for the execution, management and control of an adequate risk control system.

The COSO I and II Report is designed to identify the events that can potentially affect companies and generates tools to manage risks, provides reasonable security for management and for the organization's board of directors, aimed at the positive achievement of business objectives

The Gambling sector must add to the international standards of risk management, adapting them to the needs and characteristics of the activity, defining prevention procedures and policies regarding prevention and control of ML / FT which will be implements that guide and in addition to this ensure the permanence of companies in the market and the financial inclusion for which we fight so much daily.

And speaking of financial inclusion, it is a great challenge for which we have fought for many years ago, trying to be seen as a real sector activity that works hard on prevention and control, which also carries with it a stigma that It has been weakening because our companies already have an adequate SIPLAFT risk management system, which they implement daily with their compliance officers who are people who are constantly training in the area of compliance.

In a few days before several of the companies that operates gambling establishments, have received mails from Coljuegos arrived requesting the revision of the consolidated list of the United Nations security council, this in order to comply with Recommendations 6 and 7 of the Financial Action Task Force.

All this invites us to have a better knowledge of our external and internal counterparts related to the gambling activity, making an appropriate and relevant Diu Diligencie as stated in the FATF Indications that lead us to have a better knowledge of the counterparts which must be verified before or during the commercial relationship with them.

According to FATF Recommendation 28 The Regulation and supervision of DNFBPs, "Designated Non-Financial Activities and Professions must be subject to regulatory and supervisory measures", this includes localized games which must be subject to a broad regulation and regulation regime. supervision to ensure that they have effectively implemented AML / CFT measures.

Preventing ML / TF Risk is no longer enough to have an adequate qualification in manuals, procedures and training programs, the important thing is to implement a whole set of actions that are embodied in these documents that will finally demonstrate both the activities of the real sector and the financial ones, that the Gambling Industry in Colombia is made up of responsible, transparent companies that enjoy high professionalism and have implemented a set of structures that prevent, control and mitigate the LA / FT risk within their companies.

As spokeswoman for Cornazar and Asojul, unions that represent Gaming entrepreneurs in Colombia invite you to review their Integrated Prevention and Control System, all types of risk are constantly transforming and therefore our systems should be evaluated and adjusted frequently.

The United Nations Office on Drugs and Crime UNODC reported that, in the framework of its Responsible and Safe Business initiative, National Anti-Money Laundering Day will be held today, Tuesday, October 29, in Bogotá.

As reported by Unodc, the objectives of this day are to articulate the public and private sectors in a joint strategy to prevent money laundering and their source crimes to build a culture of anti-laundering that allows a transformation of society and join efforts to the strategy national of each country in the prevention of this harmful conduct for national and global economies.