IPLyC renews anti-money laundering protocols under international
Gonzalo Atanasof presented the new roadmap that aligns the provincial lottery with the requirements of the FATF. The regulation tightens customer identification controls (KYC) and aims to maintain effectiveness in detecting illicit flows, after reporting more than 500 suspicious transactions in two years.
The fight against financial crimes in the Buenos Aires gaming sector has a new operational framework. The Provincial Institute of Lottery and Casinos (IPLyC) has formalized its renewed General Procedures Manual for the Prevention of Money Laundering and Terrorism Financing, a tool designed to close the net on illicit capital both in physical casinos and in the network of official agencies.
The initiative, led by the head of the agency, Gonzalo Atanasof, is not a mere bureaucratic update. It responds to the need to modernize the risk matrix of the largest province in the country, aligning it with the guidelines of the Financial Information Unit (UIF) and the global standards of the Financial Action Task Force (FATF).
Stricter KYC and internal reengineering
The core of the new regulation lies in Due Diligence. The manual redefines the criteria for client identification and fund traceability, establishing more sophisticated early alerts according to the risk level of each transaction. This means that gaming rooms and agencies will have to apply stricter controls over the origin of the wagered money (Resolution No. 746/2024).
To support this operational load, the IPLyC has restructured its internal framework: the functions of the Compliance Committee and the Coordinating Unit have been updated, optimizing channels for issuing systematic reports and ensuring the confidentiality of sensitive information.
A history of active monitoring: 539 reports in two years
The administration seeks to demonstrate that prevention is not just theory. According to data revealed during the presentation, the agency’s improved detection capacity has enabled the generation of 539 Suspicious Transaction Reports (STRs) to the UIF in the last 24 months.
This volume of activity underscores the importance of having clear rules. In this regard, the IPLyC has become the first lottery in Argentina to incorporate a specific chapter on money laundering prevention in its Code of Conduct (Resolution No. 1322/2024), sending a message of transparency both to the market and to national regulators.
With these measures, Buenos Aires seeks to shield its gaming industry, protecting the integrity of its operators and ensuring that the resources generated by the sector remain within the legal circuit.
Tags: Argentina, IPLyC, Argentina anti-money laundering prevention