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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Betr Bets On Differentiated Microbetting-Focused Product

Armed with a differentiated product and a popular, although controversial, influencer, Betr is poised to be one of the more interesting new market entrants in U.S. sports betting in 2023.
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Gambling

Polish Bookmaker STS Withdraws From UK, Estonia Despite Positive Results

Poland’s largest bookmaker, STS Holding, has declared plans to exit the UK and Estonian markets despite reporting a significant increase in its net gaming revenue.
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Gambling

Everything Up For Grabs! UK Government Mulls Post-Brexit Payment Changes

Changes regarding the “prescriptiveness” of payment services regulation are on the cards, the UK government has suggested in a new call for evidence.
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Payments

US BNPL Users Charged Several Times Due To Technical Glitch

American users of buy now, pay later (BNPL) provider Affirm have taken to social media to complain that they were wrongly charged multiple times, leaving them with little or no money on their accounts before the long weekend.
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Payments

Bank Of Thailand Asks For Public Comment On Virtual Bank Framework

The Bank of Thailand has announced that it is now accepting public feedback on its proposed rules for the opening of virtual banks, a key part of its wider digital economy strategy.
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Payments

Compliance Allegations Among Top Complaints Filed By FCA Whistleblowers

New data from the UK Financial Conduct Authority (FCA) shows that compliance-related allegations were among the top issues raised by whistleblowers in 2022.
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Payments

Nevada Regulators Grant Preliminary Approval To Esports Betting Rules

After months of debate and delay, the Nevada Gaming Commission is expected to grant final approval next week to several regulatory changes making it easier for sportsbooks to accept wagers on esports competitions.
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Gambling

Brazil's New Administration Slowly Taking Shape

Brazilian President Luiz Inácio Lula da Silva’s appointees continue to be selected during the first weeks of his administration, with nominees relevant to the gambling industry ranging from supporters to opponents of legal gaming, but critical positions are still to be filled.
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Gambling

Vivaro Limited Agrees £337,631 Regulatory Settlement With UK Gambling Commission

The UK Gambling Commission has announced that Malta-based Vivaro Limited has agreed to pay £337,631 as a regulatory settlement following a series of failings.
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Gambling

NSW Premier Candidate Outlines Gambling Reform Plans

The leader of New South Wales (NSW) Labor has released what he calls the “most comprehensive” gambling reform package in the state's history, including banning advertising outside gaming venues.
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Gambling

Public Health England Says Not Enough Being Done To Prevent Harm

The now-dissolved Public Health England has said more needs to be done to prevent and reduce the harms associated with gambling.
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Gambling

EMVCo Outlines Planned Updates For 2023

EMVCo, the global technical body for card payments, has said in the year ahead it will focus on the testing of its contactless kernel specification, investigating opportunities in omnichannel payments and enhancing e-commerce.
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Payments

CJEU Ruling Brings New GDPR Pains For Companies

Every person has the right to know with whom their personal data has been disclosed, a new EU ruling concludes.
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Payments

Sub-Saharan Africa Regulatory Void Urgently Needs Addressing, Researchers Say

There is an urgent need to address the "regulatory void" in Sub-Saharan Africa surrounding online forms of gambling and the promotion of gambling products, researchers have said.
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Gambling

New Jersey Lawmakers Consider Extension Of Internet Gaming Law Till 2033

New Jersey lawmakers are expected to extend the state’s online wagering law for another decade during this legislative session as the existing law is scheduled to sunset next year.
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Gambling

Week In Crypto: FTX ’Locates’ Over $5bn, Subpoenas Target Binance, More Coinbase Job Cuts

FTX “locates” more than $5bn in liquid assets, US investment firms that have worked with Binance receive subpoenas and Coinbase announces another round of layoffs, its second in two years.
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Payments

Significant Divergence In PSD2 Authorisation Processes, EBA Says

A new report by the European Banking Authority (EBA) uncovers disparity among EU member states when it comes to the authorisation and licensing of payments and e-money firms.
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Payments

US Agency Goes After Non-Bank T&Cs

The US Consumer Financial Protection Bureau has issued a proposal to register non-banks whose contract terms attempt to curb consumers’ legal rights to sue the company, six years after former President Donald Trump blocked the agency’s first attempt to address the issue.
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Payments

Chile’s New Fintech Law Can Drive Innovation

Chile’s recently passed Fintech Law presents a transformational opportunity for the country, provided it appreciates lessons learned from other countries, experts tell VIXIO.
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Payments

Daily Dash: UK Open Banking Hits New Landmark

The six largest banks in the UK are now fully compliant with the open banking standards, Nationwide data has revealed a jump in cash use and Danish authorities assess the country’s biggest money laundering risks.
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Payments
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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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California Tribes Seeking Second Win With Anti-Sweepstakes Legislation

In the wake of an opinion from California’s attorney general that threatens the future of daily fantasy sports in the state, Indian gaming tribes are looking to score a second major policy victory that could threaten sweepstakes operations as well.
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