Argentina’s UBA and ALEA Launch AML Diploma for Gambling Industry

The University of Buenos Aires (UBA) Faculty of Economic Sciences, in partnership with the Association of State Lotteries of Argentina (ALEA), has introduced a new university diploma programme focused on preventing money laundering and terrorism financing within the gambling sector.

The diploma repurposes an existing UBA academic curriculum, tailoring it to the specific anti-money laundering and counter-terrorism financing (AML/CFT) obligations that apply to Argentina’s gambling industry.

According to ALEA, the initiative was driven by the increasingly stringent AML/CFT requirements now confronting gambling regulators and other obligated entities across the country.

The programme targets professionals, officials and representatives from gambling regulatory bodies, compliance officers, technical teams at entities bound by AML rules, staff from relevant public agencies, and other individuals seeking to specialise in regulatory compliance and risk management within the gambling space.

The syllabus comprises 12 modules. These cover international standards and mutual evaluation processes, Argentina’s preventive framework and the role of the Financial Information Unit (UIF), criminal legislation and money-laundering investigation, supervision and sanction regimes, and the obligations of regulated entities.

Further modules delve into customer due diligence, online gambling regulation, prevention of illegal gambling, transaction monitoring and suspicious activity reporting, risk management and self-assessment methodologies, and internal audit procedures.

Applicants must have completed secondary education or hold a university degree. Registration is handled jointly by ALEA and UBA’s Faculty of Economic Sciences.

The diploma will be delivered by UBA academics, alongside ALEA representatives and national and international specialists in AML, CFT and gambling regulation.