Both Justo and Ximenes were directly involved in drafting Ordinance SPA/MF 1,143/24 and the regulatory processes related to AML/CFT in the betting sector.
According to the speakers, Brazil’s regulated betting market is still in its early stages, and uncertainty is natural during implementation. “One of the main concerns among operators licensed by the Secretariat of Prizes and Betting (SPA) is how to report suspicious activity to the Financial Intelligence Unit (Coaf),” the organizers noted.
In the first seven months of 2025, the Coaf reporting system, called Siscoaf, has already received several hundred reports. While the volume is high, Justo points out that many reports lack quality: “Operators are doing only half the job. You must report any suspicion, but with solid data, elements, and relevant information.”
The webinar is geared toward AML and Compliance professionals working in the betting industry and will be an excellent opportunity to clarify doubts related to Coaf reporting.
“Not sure what to report? How to do it? Is it fraud or money laundering? These and many other uncertainties will be addressed in this free online event. If you work at an SPA-licensed betting company or were invited by Legitimuz, join us in this AML/CFT deep dive,” they invite.
Service: “Best practices for reporting to the Coaf” webinar, August 7 at 4 p.m., online for licensed operators and guests.
Source: GMB
