Understanding How the New Interim Affordability Check Code Will Operate in Practice

Here is how it will work in practice. The thresholds will be reduced for 18-24 year-olds to £2,500 in a rolling month. This may include an estimate of a customer’s income or wealth, as set out in the code.

However, none of the actions at these spending thresholds require customers to produce personal financial documents. Customer winnings can be considered as part of both checks. The methods for this include interactive questionnaires, telephone and live chat interactions, and requests to set a deposit limit.

This is the only trigger for affordability that should produce requests for documents, but anti-money laundering checks will still affect bettors at lower thresholds. Other risk factors may be at play which prevent restrictions being lifted.