The Dutch banks will not help the cabinet to impose a limit the amount of money people can spend online gambling because of privacy concerns, banking association NVB has said ahead of talks with the justice ministry later this week.
Legal protection minister Franc Weerwind had asked banks to intervene in cases of excessive spending on gambling as a stop-gap measure until a law on spending limits can be implemented.
But banks have said they are not keen. We see that the number of people with gambling debts is increasing but we are surprised the solution for the problem is deemed to be our responsibility, NVB spokesman Ronit van der Schaaf told broadcaster NOS.
Banks are legally obliged to check for money laundering practices or transfer…
Read the full article at: https://www.dutchnews.nl/2024/04/banks-unwilling-to-curb-clients-spending-on-gambling/