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Compliance Updates

Europe that Protects: Stronger rules criminalising money laundering enter into force

Zoltan Tundik

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Dimitris Avramopoulos at the Europe for Citizens - Meeting of the Civil Dialogue - Date: 28/11/2018 Reference: P-038870/00-05 Location: Brussels - EC/Centre A. Borschette © European Union , 2018 / Source: EC - Audiovisual Service / Photo: Benas Gerdziunas
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Today, the new measures to counter money laundering by criminal law enter into force across the EU. The new rules will ensure that dangerous criminals and terrorists face equally severe penalties for money laundering wherever they are in the EU, with a minimum term of imprisonment of 4 years.

Commissioner for Migration, Home Affairs and Citizenship Dimitris Avramopoulos said: “If we want to catch criminals and terrorists, we have to follow the money. Today, we are beefing up the EU’s response to money laundering, making sure that criminals and terrorists no longer get away with illegally gained money and face deserved justice. A Europe that protects is a Europe that effectively prevents and prosecutes criminals.”

Commissioner for the Security Union Julian King said: “Money laundering is a key tool used by terrorists and serious criminals to obtain funding – by harmonising the crime and the punishment across the EU, we can further close down the space in which they operate. Member States now need to implement the new rules without delay.”

The Commission proposed to harmonise offences and sanctions for money laundering across the EU in December 2017. While all Member States currently criminalise money laundering the definitions of this crime as well as the penalties related to it differ across the EU, allowing criminals to effectively “window shop” and exploit the differences between national legislation.

With the new rules in force that will be no longer possible. Member States now have 24 months to implement the new rules into national law and notify the Commission accordingly.

The recent changes and all AML related topics will be highlighted during Prague Gaming Summit by the attending experts of the gambling industry in a special panel discussion. You can find more details on the following page.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Compliance Updates

GameArt Awarded Spanish GLI Certification

George Miller

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GameArt Awarded Spanish GLI Certification
Photo Source: soloazar.com
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Trailblazing slot game developer GameArt has announced it can now offer its games in the regulated Spanish market, after being awarded certification by the Spanish Directorate General for the Regulation of Gambling (DGOJ).

To qualify for the certification, GameArt was thoroughly evaluated by highly respected UK-based Gaming Laboratories International (GLI), confirming that its slots met the most exacting standards, as required by the Spanish regulator.

Discussing the development CEO of GameArt, Maja Lozej, said:
“With the Spanish gaming market going from strength-to-strength, we are delighted to be able to offer players there the chance to experience some of the world’s most exciting and innovative slots. Gaining the certification also once again demonstrates that GameArt is creating compliant games that meet the most stringent international standards.”

GameArt’s expanding portfolio of slots is expected to be a big hit in the Spanish market, with the latest release, Circus of Horror, expected to be particularly appealing given its immersive gameplay, atmospheric graphics and chilling soundtrack.

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Compliance Updates

The MGA publishes a Preliminary Market Consultation Document to request information on projects for a Unified Self-Exclusion System

George Miller

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The MGA publishes a Preliminary Market Consultation Document to request information on projects for a Unified Self-Exclusion System
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The Malta Gaming Authority (MGA) has recently issued a Preliminary Market Consultation (PMC) document to request information pertaining to possible project implementations which could provide a Unified Self-Exclusion System to be applied to the regulated gaming industry in Malta. The PMC document may be accessed via the Maltese Government’s Electronic Public Procurement System (ePPS). All submissions are also to be sent through the ePPS.

Responsible gaming is a key priority within the MGA’s regulatory policy development and framework. Following upon the White Paper to Future Proof Malta’s Gaming Legal Framework published in July 2017, the MGA is pursuing tools and means to further strengthen the protection afforded to players. These initiatives include the recently published Player Protection Directive, and the Alternative Dispute Resolution Directive, as well as our declared intent to launch a Unified Self-Exclusion System across gambling operators, irrespective of channel.

The MGA envisages that a Unified Self-Exclusion System would be a significant step forward in the MGA’s agenda to implement further control for the prevention of gambling-related harm, extending the criteria in Part IV of the Player Protection Directive, and Part IV of the Gaming Premises Regulations. The scope and high-level specifications of the Unified Self-Exclusion System can be accessed via the PMC document.

Interested parties are encouraged to follow the following steps:

Important: Interested parties may wish to contact the MGA for support on pmc.mga@mga.org.mt should difficulties to register correctly or upload/download documents from the ePPS, persist.

The closing date for this preliminary market consultation process is 31 May 2019.

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Compliance Updates

MGA Recognises 1×2 Network as a supplier

Niji Narayan

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MGA Recognises 1x2 Network as a supplier
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The UK-based 1X2 Network has received a Notice of Recognition as a supplier from the Malta Gaming Authority (MGA). This will be a shot in the arm for the iGaming developer.

With this recognition, 1X2 Network can now offer its suite of innovative slots, virtual sports, and table games to Malta-licensed operators utilising its already licenced and established UK entity.

Kevin Reid, Chief Operating Officer at 1X2 Network, said: “We are very proud to have received this Recognition from the Malta Gaming Authority, one of the most established and trusted regulators in the world.”

“We have built our reputation around delivering popular slots, table games and virtual sports, to regulated markets around the world, and will be looking to expand our presence in Malta and other regulated jurisdictions through 2019.”

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