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Compliance Updates

MGA Launches Closed Consultation on Financial Requirements

Published

2 months ago

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The Malta Gaming Authority (MGA) has launched a closed consultation with relevant stakeholders to gather input and feedback on proposed amendments to the financial requirements under the Gaming Authorisations and Compliance Directive (Directive 3 of 2018).

The proposed modifications aim to strengthen the MGA’s risk-based approach to regulating the financial aspects of licensees, addressing challenges encountered by the industry while further enhancing the Authority’s efficiency and regulatory effectiveness.

Stakeholders can submit feedback on the proposed amendments during the consultation period, which remains open until 25 April 2025.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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