Insights

Your window into the complex world of compliance and regulations

Our industry experts regularly spend time with lawmakers, regulators and industry participants to get to the heart of regulatory issues. We deliver our expert insights across multiple media to ensure timely delivery of information to meet your everyday needs.

From quick blog insights through to industry events, we provide you with the depth and breadth of knowledge needed to help you make the right business decisions, staying compliant and gaining a competitive advantage.

Automatic Pix Goes Live, Enabling Recurring Payments in Brazil

Pix, Brazil’s instant payments system, has introduced a recurring payments mechanism, aiming to simplify bill payments for consumers.
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Sweepstakes Ban Under Consideration in New York, Vetoed In Louisiana

As one state legislature looks to reinforce regulatory actions against sweepstakes gaming operations, another has seen the governor veto a legislative ban, calling it unnecessary.
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Pay.UK Sets Out Ideas For Reforming UK’s Payments Infrastructure

Payment system operator Pay.UK has unveiled a package of proposed reforms to the organisational framework for interbank payments, urging “radical” change to prevent the UK falling behind on infrastructure and innovation.
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Presidential Decree Confirms Brazil Betting Tax Hike

A sharp increase in the main tax applied to online betting in Brazil became reality late Wednesday when an emergency decree was published in the Brazilian government’s official gazette.
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Australia Considers Mandating Card Network Choice For Merchants

The Reserve Bank of Australia has outlined new plans that would abolish the use of default network settings on dual-network debit cards, but the central bank is wary that compliance costs could be high.
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Payments

CFPB Prepares To Bring Large Payment Firms Under Its Oversight

The US Consumer Financial Protection Bureau is planning to define large payment firms that are subject to its supervision by next month. Big tech firms operating in the payments space and popular digital wallets are likely in scope.
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Payments

Daily Dash: US Authorities Get Tough With Amazon

The US Federal Trade Commission has sued Amazon, Google has entered the financial crime world with a new AI product, and Volt has announced a $60m funding round that will power its open banking expansion into APAC and the Americas.
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Payments

Brazil Gambling Startup Might Be Difficult Venture, Expert Says

Entering the lucrative regulated market of Brazil would be an expensive and challenging venture, making an acquisition of an existing operator a more sensible investment, a strategic advisor has said.
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Gambling

German Court Says Most Gambling Ad Restrictions Are Legal

A higher administrative court in Germany’s Saxony-Anhalt has ruled that advertising rules barring gambling infomercials, ads for social casino games, and pitches by social media influencers are legally permissible, while a total ban on ads in public spaces is probably “disproportionate”.
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Gambling

New Jersey Lawmakers Advance Ten Year Renewal Of Internet Gaming

A bipartisan bill making its way through New Jersey’s Senate would allow online casino gambling to continue for another decade in the state, ensuring hundreds of millions of dollars in state revenue, according to state fiscal analysts.
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Gambling

News In Brief: June 19-June 23, 2023

A cashless slot machine trial in Australia has been delayed, after hackers stole customer data.
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Gambling

Payments And Sustainability ‘Now Have An Overlap’

Panellists at EBAday 2023 shared their thoughts on how sustainability is becoming a bigger deal for the payments world, while warning industry about the impact of regulation.
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Payments

Pro-Russia Hackers Vow To Bring Western Financial System Down In 48 Hours

Russian hacker groups claimed responsibility for bringing down the European Investment Bank's (EIB) websites, as they vow to cripple the Western financial system in the coming days.
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Payments

PayPal Sells €40bn BNPL Loan Portfolio To Investment Firm KKR

PayPal has signed an exclusive multi-year deal that will hand over the rights to its European buy now, pay later (BNPL) loans to American investment firm KKR.
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Payments

Curaçao To Issue Licences In September

Curaçao will issue new licences directly to gambling operators starting on September 1, according to the country’s Minister of Finance, who said the long-awaited regulatory changes are “unavoidable”.
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Gambling

Is Risky Sports Betting More About The Gambler Than The Wagers?

In and of itself, sports betting does not increase addiction but those who wager on sports are at a higher risk of developing gambling problems, according to Joshua Grubbs, an associate professor at the University of New Mexico.
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Gambling

Malta Defends Legal Changes To 'Protect' Public Policy

Malta’s controversial Bill 55, which is now enshrined into law, is designed to protect the country's public policy by blocking foreign court judgements against gambling firms, say officials.
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Gambling

Brazil's Ministry of Finance Declares There Will Be a Provisional Measure After All

According to sources within the Ministry of Finance, a provisional measure to enact Brazil’s 2018 sports betting law may be coming before the end of the month, in addition to a supplemental bill that would follow after the congressional July recess, as a political tug-of-war continues between rival camps.
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Gambling

Finland’s 'Ambitious' Licensing Plan Could Be Implemented In Stages, Says Experts

Finland’s aim to have a licensing system in place by January 1, 2026 is “ambitious” and could lead to some measures being introduced at a later date, according to a panel of experts from the country.
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Gambling

Ontario Operators Discuss Ad Restrictions, Market Entry Challenges

While operators have flocked to Ontario due to its large market, varied product options and unlimited licensing opportunities, the first year-plus of operations has not come without its challenges, gaming company executives say.
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Gambling

Nigerian Central Bank Governor Arrested After New President Takes Power

Nigeria’s central bank governor has been arrested and suspended from his position, following a presidential election that was marred by unrest and cash shortages attributed to central bank policies.
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Payments

EU Authorities Consult On First Batch Of DORA Policies

The European Supervisory Authorities (ESAs) have launched a public consultation on the first round of policy products under the Digital Operational Resilience Act (DORA).
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Payments

The Fed Faces Criticism After Revealing Master Account List

A new database published by the Federal Reserve (the Fed) brings long-awaited transparency into which institutions have access to the central payment infrastructure, after a scandal suggested applications were not treated equally.
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Payments

Philippine Auditors Warn PAGCOR Over Delinquent POGOs

Philippine government auditors have placed new pressure on PAGCOR, by demanding the cancellation of two foreign-facing online gambling operator licences (POGOs) over non-payment of more than $620,000 in fees.
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Gambling
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Philippines Mulls Mandatory Listing Of Online Gambling Companies

In an apparent global first, the Philippine government is considering compulsory stock market listings for online gambling companies to compel greater transparency in operations and ownership.
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Romanian Government Eyes Legislation To Decentralise Gambling Licensing

Romanian Prime Minister Ilie Bolojan has announced that his government plans to propose a draft legislation that will enable municipal authorities to decide on licences for local gambling outlets.
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FCA’s Guardrails For BNPL Aim To Bring Consumer Duty Requirements To The Space

Buy now, pay later (BNPL) users are set to gain new protections under proposals published today by the UK’s Financial Conduct Authority (FCA), which has set a compliance deadline of July 2026.
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UK Industry Wrangles With Rapidly Approaching Cross-Sell Ban

When 2025 draws to a close so will the era of lucrative cross-selling promotions in the UK, with operators and affiliates facing the tall task of adapting successfully to another major shift in marketing compliance.
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Bailey Cool On UK CBDC Suggestions

Hopes of a British central bank digital currency (CBDC) were dealt a blow by the governor of the Bank of England, Andrew Bailey, who said he “remained to be convinced” of the need for one.
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EU Lawmakers Insist Digital Euro Must Safeguard Privacy And Preserve Cash Access

The European Parliament’s Civil Liberties Committee (LIBE) has called for stronger guardrails for privacy and guaranteed access to physical cash in its opinion on the EU's proposed legislation to establish a digital euro.
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Regulatory Influencer: Malta’s Key Observations on Website Practices of Crypto-Asset Service Providers

Earlier in the year, the Malta Financial Services Authority (MFSA) conducted a thematic review of websites belonging to all the crypto-asset service providers (CASPs) authorised by the MFSA in relation to Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA). This was part of the MFSA’s commitment to consumer protection, ensuring that the information provided was fair, transparent and not misleading. Following its review of websites, the MFSA sent out a Dear CEO letter to CASPs laying out its findings.
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Regulatory Influencer: The Philippine Central Bank As Payments Policeman And… Online Gambling Saviour?

The Philippine online gambling industry’s rapid transition from a disgraced foreign-facing segment to flourishing domestic sector is approaching a crunch moment as payments channels come under unprecedented scrutiny.
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Peru President Vetoes Consumption Tax Bill

Peru’s president has partly vetoed a bill that would reduce the impact of a controversial consumption tax applied to online gambling.
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Ukraine Releases Flurry Of Consultations As It Seeks To Update Gambling Rules

Ukrainian licence holders will only have two months to comply with a long list of updated regulations under a key new proposal, as the country unleashes a flurry of consultations aimed at updating and aligning rules as well as improving industry oversight.
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