Compliance Updates

Orange Digital Seal

Published

2 months ago

January 27, 2025

Adrienn Sarkany

Reading Time: < 1 minute

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

Related Topics:Curacao Gaming Authority LOK

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Adrienn Sarkany

Hello there! I'm a 21-year-old university student majoring in Finnish and Korean Language and Literature. I have a deep passion for art and a profound connection to the natural world. My journey through life has been a colorful one, driven by my love for creativity, music, and the wonders of the great outdoors. As a dedicated student, I've already earned a degree in Classic Cantos, a testament to my appreciation for the timeless beauty of classical music. Beyond the classroom, my artistic spirit thrives through my love for painting and drawing. These creative outlets allow me to express my thoughts and emotions, transforming blank canvases into vibrant stories. My interests go far beyond music and art. Singing, playing the piano, and exploring new melodies are integral parts of my life, providing me with both solace and exhilaration. When I'm not immersed in the world of art and music, I find solace in nature's embrace. My heart is drawn to animals and the serene beauty of the natural world, fueling my desire to protect and preserve our precious environment.