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.

What's Next For The CFPB's Rulemaking On Non-Bank Payment Apps?

After a 60-day consultation period, the US Consumer Financial Protection Bureau (CFPB) is currently reviewing its proposed regulations on non-bank payment apps. Facing a backlash from the industry, how are the proposals likely to evolve?
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DORA 'Takes Shape' As First Guidelines Sent For Commission Approval

The Digital Operational Resilience Act (DORA) comes into effect in less than a year, as firms try to get their heads around the EU’s mammoth IT regulation.
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Google's Plans Will Bring 'Significant Changes' To Online Gambling, Says App Developer

Google’s plan to open up support for game types and operators not covered by existing licensing will bring “significant changes” to the online gambling industry, according to app developer mkodo.
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Draft Curaçao Online Gambling Bill Draws Fire

Curaçao’s draft National Ordinance on Gambling is running into complaints, with the influential Advisory Council saying it has a “number of objections” and recommending that it be extensively revised.
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Cogs Start Turning On MiCA Implementation

The EU’s flagship Markets in Crypto-Assets (MiCA) regulation is approaching enforceability next year, as industry stakeholders signal they are in preparation mode.
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Payments

Polish Bookmakers Hope New Government Will Overhaul Gambling Regime

A flawed Polish online gambling regime could be getting the revamp it desperately needs to “stop the leakage” via the expected new coalition government, local gambling executives have said.
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Gambling

Bulgaria Becomes Third EU Member Added To FATF Greylist

Bulgaria has been added to the Financial Action Task Force's (FATF) list of countries under increased monitoring, which could spark increased cross-border scrutiny of Bulgarian organisations.
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Payments

Dutch Regulator Fines GoldWin €6.79m For Offering Unlicensed Gambling

The Netherlands Gambling Authority (KSA) has imposed a fine of €6,794,000 against Malta-based GoldWin Limited for illegally offering online gambling to Dutch consumers without a local licence, alongside a smaller fine for a formerly Malta-based company.
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Gambling

Brazil Operators Face Early Licensing Dilemma

Operators anticipating online betting and gaming licences in Brazil have been offered a fast-tracked application process if they agree to formally register their companies’ interest within the next 30 days.
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Gambling

ISO 20022 'Peculiarities' A Gift For Transaction Data Management Systems, Sources Say

Swift’s launch of ISO 20022 for cross-border payments and reporting (CBPR+) has opened up "new possibilities" for financial institutions, but are different implementations of the standard holding back interoperability?
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Payments

What Does Interac's Broadened Access Mean For Canadian Payment Firms?

Last month, Interac, Canada’s debit network, opened its online money-sending service to third parties, a move that may pave the way for future access for payment firms.
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Payments

Interoperability Challenges Multiply Following FedNow, ISO 20022 Launch

The launch of the FedNow system was a milestone for ISO 20022 adoption, but it was only the beginning of the search for interoperable instant payments in the US.
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Payments

UK Commission Claims Offshore Enforcement Blitz

The UK gambling regulator says it has radically stepped up its enforcement against the black market, as its chief executive tells fellow regulators it is seeking a middle way between highly polarised pressure groups.
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Gambling

Wirex To Change E-Money Contract After UK Regulator Intervention

The Financial Conduct Authority has said that Wirex has committed to making changes to comply with consumer rights laws in the UK.
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Payments

UK Regulator Places Restrictions On Modulr

The UK’s Financial Conduct Authority has placed restricted activity measures on the embedded payments company regarding onboarding new customer segments.
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Payments

German Regulator May Start Rejecting Licence Applicants

The German gambling regulator will probably soon reject licence applications in the interest of speedier processing as it tries to dig itself out of a deluge of paperwork, the agency’s co-chairman has said.
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Gambling

Florida's Sports-Betting Launch Uncertain As Litigation Continues

Despite a series of legal challenges that have delayed its implementation, the 2021 tribal gaming compact between the Seminole Tribe and the state of Florida stands as a remarkable and landmark agreement, said an attorney who represents the tribe.
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Gambling

Regulatory Rush As Peru Publishes Decree For Online Gambling

Peru has published a regulatory decree to implement its online gambling law, marking the beginning of a 120-day countdown until the market is officially regulated and grey-market operations are illegal.
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Gambling

Gambling Spend Mostly Unchanged Despite Cost Of Living Crisis, Says UK Regulator

The cost of living crisis has not shifted gambling spend in general, according to the UK Gambling Commission, but those most at risk are betting more even as their spending power decreases.
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Gambling

Romania Legal Change Implementation Timeline 'Potentially Not Feasible', Says Lawyer

Romania’s government has approved legal changes to the country’s gambling laws that will increase licence costs and add new “special fees” to tackle gambling harms, alongside other restrictive requirements.
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Gambling

Ontario Ended iGaming Grey Market But Challenges Remain

The open, competitive internet gaming market in Ontario is about 18 months old and even with lingering concerns about advertising practices and regulations, gaming executives and provincial regulators believe it is a model other Canadian provinces can take a look at when designing their own markets.
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Gambling

FCA’s ‘Tough’ New Crypto Promotion Rules Go Live

After much guidance and complaints of “poor engagement” from the regulator, the UK’s “tough” new crypto-asset promotion rules officially came into effect on Sunday (October 8).
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Payments

Canadian Fintechs Launch Open Banking Campaign To Spark Government Action

Fintech firms in Canada have launched a new campaign to raise awareness of the concept of open banking and to urge the government to move forward.
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Payments

EU Regulators Publish 'Criticality' Criteria For DORA, MiCA Implementation

A group of EU regulators has published consultation responses on key definitions that will soon be added to major legislation concerning digital resilience and crypto-assets.
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Payments
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Revenue Sharing, Cardrooms Among Crucial Issues For California Tribes

James Siva, chairman of the California Nations Indian Gaming Association, has called for tribal unity as tribes deal with a range of policy issues from sports-betting legalization to the legality of cardrooms and negotiations over revenue-sharing between gaming and non-gaming tribes.
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Buenos Aires Lottery Retailers Urge Reforms Amid Inflation Pressures

The price of inflation in Argentina is too steep for the gambling and lottery industry, the Buenos Aires Chamber of Official Lottery Agents said in a statement that seeks immediate policy changes to alleviate the damage. 
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Player Refund Supremo Predicts Total Victory

“From a legal perspective, we cannot lose”, says one of the lawyers masterminding the thousands of player claims that have blighted grey market gambling operators in Austria, despite attempts by Malta to block court judgments.
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News In Brief: February 19-February 23, 2024

Poland's state-owned lottery gets a new CEO paving the way for future changes and Texas skill gaming ruling being challenged at appeal court.
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South African Parliament Told Legislative Reform Required For Online Gambling

The South African National Gambling Board has told parliament there is a need to reform gambling laws, in particular around online gambling.
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Daily Dash: New Zealand Regulator Urges Banks To 'Pick Up The Pace' On A2A Payments

New Zealand’s commerce commissioner has warned that regulatory powers may be used if it does not see progress on account-to-account payments. Meanwhile, Russia has shut down a high-risk payments firm on money laundering grounds.
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Week In Crypto: Circle Ditches Tron Network As US Stablecoin War Escalates

Circle cuts ties with the Tron blockchain, Coinbase meets with the UK’s new city minister, and Montenegro confirms that the man behind TerraUSD will be extradited to the US.
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UK Announces Incoming Online Slot Stake Limits 

The Department for Digital, Culture, Media & Sport has announced that the UK will introduce a maximum £2 stake for 18 to 24 year-olds for online slot games and a £5 limit for adults aged 25 and over.
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China Busts $100bn Online Gaming Syndicate, Names Philippine 'Base'

Chinese police have announced the arrest of 93 people suspected of involvement in an international online gambling ring with turnover of more than $100bn, with authorities unusually naming a Philippine resort that allegedly hosts the syndicate.
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Pennsylvania Fines Penn $147,500 Over Fraudulent Accounts, Underage Gaming

Penn Entertainment will pay a significant fine after reporting hundreds of fraudulent wagering accounts were created in Pennsylvania on its former Barstool iGaming and sportsbook platforms, as well as its Hollywood Casino platform.
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