That is my Perception," He Noted Andrew Lyman, Gibraltar's Chief Commissioner for Gambling, has actually stated that his department is devoted to assisting the federal government remove the British Overseas Territory from the Financial Action Task Force's (FATF) 'greylist' - 'in the quickest of time possible'. The statement was made to delegates going to the KPMG Gibraltar e-Gambling Summit today, in which Lyman detailed his surprise at the FATF's decision to brand Gibraltar as a high-risk AML jurisdiction. Addressing 'lurid and manipulated media headings', Lyman stood up for Gibraltar asserting that "there are no fundamental, systemic, AML/TF weak points in this jurisdiction and Gibraltar now has a strong AML and TF system that makes the greylisting decision harder to handle". From his own interpretation of FATF's rulings, Lyman specified there are only 2 action points to attend to on 'effective confiscation cases' (a subject of law and cops) and supervisors imposing proportionate and efficient sanctions where proper. Highlighting the latter action point, that has actually led to Gibraltar undergoing boosted FAFT monitoring, he laid out a spotlight has been put on the 'efficacy of gambling supervision in the jurisdiction' and the imposition of suitable sanctions. Lyman waited the Gambling Commission's track-record on monitoring 'high-risk' gambling organizations, stating his viewpoint that had the FATF accepted that the range of sanctions imposed by the Gambling Division in the post-observation period were effective and proportionate. "It may be that Gibraltar would not have been positioned on the greylist at all. That is my understanding," he noted. Accepting the FATF's choice, Lyman highlighted that the Gambling Commission and Gibraltar authorities were committed to preserving the Moneyval and FATF's procedures that have been totally accepted by the jurisdiction.