Compliance Updates

It is in compliance with a proposed new law that an Independent regulator should to be established for the gambling industry. Informing the Cabinet, David Stanton the Minister of State for Equality, Immigration and Integration appealed the consent to draft a new general scheme of the Gambling Control Bill. Since 2013, a proposed set of…

In compliance with the regulator’s Supervisory Agenda 2018–2019 one of the supreme priority of the Dutch Gaming Authority will be to defend minors from indulging in gambling activities over the next two years. This agenda of the regulatory body for the upcoming year was published on their official website on Monday. Kansspelautoriteit said that they will…

A huge group of over 70 European fintech companies is sending caution that new EU rules on payments processing could unfairly pit them against large banks and ruin the industry if they are passed into law. The rules that are a part of the European Union’s Payment Services Directive (PSD) would prohibit the practice of “screen scraping,” a…

Cyprus attempted to resubmit its proposed new regulatory framework for gambling after the European Commission. However, its original draft was opposed by Malta. The EU member state’s Betting Law of 2017 was submitted to the EC in June, and included two amended pieces of legislation targeting at remedying several earlier infringements with the 2012 law…