Moved by Baroness Howe of Idlicote
50F: After Clause 86, insert the following new Clause—
“Direction by Gambling Commission to block financial transactions of person or organisation without remote gambling licence
In section 33 of the Gambling Act 2005 (provision of facilities for gambling), after subsection (5) insert—
“(6) The Commission may give a direction under this section if the Commission reasonably believe that—
(a) a person or organisation who does not hold a remote gambling licence is providing remote gambling services in the United Kingdom; and
(b) failure to give such a direction would deprive consumers of remote gambling services in the United Kingdom of the protection afforded by the licensing objectives in section 1 of this Act.
(7) A direction under this section may be given to—
(a) a particular person operating in the financial sector,
(b) any description of persons operating in that sector, or
(c) all persons operating in that sector.
(8) A direction under subsection (6) may require a relevant person not to enter into or continue to participate in—
(a) a specified transaction or business relationship with a designated person,
(b) a specified description of transactions or business relationships with a designated person, or
(c) any transaction or business relationship with a designated person.
(9) Any reference in this section to a person operating in the financial sector is to a credit or financial institution that—
(a) is a United Kingdom person, or
(b) is acting in the course of a business carried on by it in the United Kingdom.
(10) In this section—
“credit institution” and “financial institution” have the meanings given in paragraph 5 of Schedule 7 to the Counter-Terrorism Act 2008;
“designated person”, in relation to a direction, means any of the persons in relation to whom the direction is given;
“relevant person”, in relation to a direction, means any of the persons to whom the direction is given.””