Protection of personal data

EXPLANATION OF THE LAW:

Amendments 17.07.2008 Law on Prevention of Money Laundering and Financing of Terrorism, which enters into force on 09.11.2017

Article 11 Obligation to carry out customer research

(1) The subject of the law carries out the client’s investigation:

1) prior to the commencement of the business relationship;

[..]

4) if the subject of the law – lottery and gambling organizer -, when conducting a transaction with a client for an amount of EUR 2 000 or more, including when a client wins, purchases means of participation or lottery tickets or for this purpose changes the foreign currency regardless of whether the transaction is carried out as a single operation or as a number of interrelated operations