Transition Period
- All NOOGH-licenses already in place as of December 24, 2024 →
Provisional LOK-licenses for 6 months (until June 24, 2025) - Possible to extend with 6 months BUT subject to compliance with
special conditions (checklist on portal) and additional requirements
LOK - Applications in progress – no change required.
- New applications will follow LOK application process
(when portal re-opens in upcoming weeks)
Fees – Application
B2C and B2B License Application: EUR 4,592
plus
- EUR 150 per UBO (2nd and above)
- EUR 128 per holder of a qualifying position
- EUR 2,551 per exchange listed UBO
Add/Change UBO or holder of qualifying interest
- EUR 128
Domains (B2C only) - EUR 250 per
Fees – B2C
- Annual License Fee: EUR 24,490
Plus - Annual Supervisory Fee: EUR 22,960
- Annual Total – EUR 47,450
Payable pro-rata on issuance and <19th Jan annually
Fees – B2C 2025
End January/ beginning February:
- Invoiced:
- Lok provisional licensees already in place as of Dec 24, 2024: half of
license fee and half of supervisory fee
At approval of NOOGH-applications in progress:
- First invoice received of half of license fee and half of supervisory fee
- After payment is received, provisional LOK license will be granted
Fees – B2B
• Annual Supervisory Fee: EUR 24,490
Fees B2B 2025:
Lok provisional licensees already in place as of Dec 24, 2024: half of supervisory fee invoiced as of end of January/ beginning February
At approval of NOOGH-applications in progress:
First invoice received of half of license fee and half of supervisory fee
After payment is received, provisional LOK license will be granted
The post Orange Digital Seal appeared first on European Gaming Industry News.
Leave a Reply