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.

EBA Slams Fintechs Over Lax Compliance In New AML Risk Assessment

In its latest risk assessment, the European Banking Authority (EBA) has warned that poor practices and a lack of experience at fintechs, including payments and crypto firms, are undermining efforts to tackle financial crime.
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AI Joint Venture Demonstrates UAE’s Digital and Financial Ambitions

The Middle Eastern state continues to harness financial services as an asset, moving to modernise its payments infrastructure through a public-private initiative involving the deployment of artificial intelligence (AI).
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Brazil Minister Rattles Industry With Regulatory Remorse

The government minister responsible for Brazil’s federal betting regulator is considering stricter rules on advertising and online casino games and says he would even outlaw online gambling altogether if given the opportunity.
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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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Personnel Moves – February 2023

Italy's gambling regulator has a new director, Bally's is to switch its CEO and Racing Australia's boss resigns in protest.
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Gambling

EU Drops In-App Payment Charge Against Apple

The European Commission has dropped a charge related to Apple’s in-app payment restrictions in one of its probes looking at app store rules.
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Payments

UK Banks ’Closely Watching’ EU Instant Payments Proposal

A senior banking official has said that the UK is keenly watching the work happening with instant payments in the EU, especially considering the country’s access to SEPA, which could be compromised depending on the final law.
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Payments

Brazil Reins In Third-Party Relationships On Pix

Brazil’s central bank, BCB, has issued new orders clarifying that it does not tolerate third parties on Pix that circumvent the regulator’s oversight, potentially affecting payments business models such as Banking-as-a-Service.
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Payments

Week In Crypto: Third Former FTX Exec Pleads Guilty, Kraken Loses Banking Partner

Another former FTX executive pleads guilty to fraud, Signature Bank will no longer handle most USD transfers for Kraken, French MPs vote for stricter licensing requirements for crypto firms and more Binance blues.
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Payments

Daily Dash: US BNPL Users More Likely To Be Indebted

New US research shows extent of buy now, pay later (BNPL) user indebtedness, financial crime on the rise in Denmark, senior Mastercard executive becomes chief of influential think tank and Australia names Mastercard as participant in CBDC pilot.
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Payments

Georgia Sports-Betting Bill Suffers Senate Defeat

Hopes for an expedited sports-betting launch in Georgia took a hit on Thursday as the state's Senate voted down a bill that would have legalized sports wagering without a constitutional amendment.
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Gambling

Videoslots Fights Back Against Expected Dutch Fine

Online gambling company Videoslots has said it will challenge a pending €9.9m Dutch fine, in what would be the Netherlands Gambling Authority’s largest ever penalty, as it accuses the regulator of “acting unlawfully”.
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Gambling

Dutch Regulator Hands Out €26m In Fines As Chairman Says It 'Means Business'

The Netherlands Gambling Authority has handed out a record-breaking €26m in fines to five operators for illegally offering online games of chance.
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Gambling

Northern Territory Signs Intel Deal With Australia's Online Regulator

Australia’s leading regional licensor of corporate bookmakers has signed an intelligence-sharing deal with the national online gambling regulator, signalling tighter scrutiny of industry operations.
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Gambling

Romania Lawmakers Backtrack On Ad Ban

Romanian lawmakers have scrapped plans for a full advertising ban, instead pushing ahead with a raft of less punitive restrictions.
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Gambling

Massachusetts Regulators Relax Sports-Betting Affiliate Restrictions

After three days of discussions, the Massachusetts Gaming Commission has voted to temporarily lift a prohibition on cost-per-acquisition and revenue-share agreements between third-party marketing affiliates and licensed sports-betting operators.
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Gambling

News In Brief: February 27-March 3, 2023

A Kentucky bill would outlaw skill games currently running as grey-market machines.
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Gambling

Narrowed Regulatory Scope May Keep UK BNPL Afloat

The UK government’s decision to veer away from its original regulatory plans may ensure the survival of many buy now, pay later (BNPL) products, but experts warn a compliance leap should be anticipated for third-party lenders.
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Payments

Tennessee Regulators Fine Barstool, Hard Rock For Sports-Betting Violations

Tennessee regulators have issued their first set of disciplinary sanctions since sports betting began in November 2020, fining two companies a combined $162,000 for violations as part of a continuing trend of U.S. regulators beginning to crack down on operators.
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Gambling

Brazil Betting Regulation Coming 'This Month', Says Finance Minister

Brazil is looking to establish regulations for online betting sometime this month, finance minister Fernando Haddad said on Wednesday.
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Gambling

Chile's Lottery Monopoly Files Criminal Complaint Against Online Operators

Legal battles between online operators and incumbent Chilean gambling interests continue to be waged in the court, with state lottery monopoly Polla Chilena de Beneficencia filing a criminal complaint last week against five leading online brands.
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Gambling

Northern Ireland Gambling Reform 'Highly Unlikely' Before 2027

The Northern Ireland All Party Group on Reducing Harm Related to Gambling predicts that the next phase of the country’s gambling reform will “take several years to complete”.
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Gambling

Chicago Mayor's Ouster Unlikely To Delay Progress On Bally's Casino

The repudiation of Chicago Mayor Lori Lightfoot in her bid for re-election is not expected to hinder the development of Bally’s Corporation’s $1.7bn destination-resort casino in the third largest city in the United States.
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Gambling

Austrian Ruling Suggests No Flood Of Bet Loss Refund Claims

Online casino operators have been pounded by claims for refunds of player losses in Austria, but a recent Supreme Court ruling suggests there will be no similar flood of claims for sports-betting reimbursements.
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Gambling
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Wyoming Stablecoin Launch The Latest Step In Mainstreaming Of Digital Assets

The Frontier Stable Token (FRNT) is the first fiat-backed, fully reserved stable token issued by a public entity in the US, and demonstrates the impact of both ongoing advocacy of cryptocurrencies and the GENIUS Act.
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Mapping EU Legislation: Regulation (EU) 2023/1114 (MiCA)

Regulation (EU) 2023/1114 (Markets in Crypto-Assets – MiCA) was published on June 9, 2023. It provides specific rules and requirements for crypto-assets, related services and activities that were previously not covered by Union legislative acts on financial services. This Mapping EU Legislation: MiCA page lays out the key dates, transition deadlines for member states, as well as any RTS, ITS, delegated regulation, implementing regulation or guideline issued and published. It will be updated in line with any MiCA update.
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FanDuel Takes Plunge Into Prediction Markets

FanDuel has taken a major step toward entering the surging prediction-market space Wednesday, announcing a partnership with the largest derivatives exchange operator in the U.S.
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Regulatory Influencer: New Jersey Bans Online Sweepstakes Casinos But Who’s Next?

New Jersey has joined the list of U.S. states that have chosen to completely ban sweepstakes casinos.
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India Bill Banning Real-Money Online Gaming Passes Lower House

A bill banning online real-money gaming has passed India’s lower house within hours of its introduction and with no debate, signalling a central government ambush on an industry now staring at oblivion.
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Nevada Gaming Salon Reform Up First On Post-Legislative Regulatory Agenda

After a Nevada legislative session that included the passage of several gaming reform bills, state regulators have begun the process of considering new regulations or amendments to current rules that are required to implement the statutory changes.
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Brazil VLT Market Advancing, But Legal Challenges Loom

Brazilian state and municipal governments are not waiting for new federal legislation to expand their gaming markets through video lottery terminals offering casino-style games, with the state of Rio de Janeiro now entering the fray.
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Treasury and States Step Up Fight Against Digital Asset Fraud

The US Treasury has launched a consultation on tackling illicit finance in crypto, and Illinois has introduced sweeping consumer protection laws, signalling growing federal–state momentum against digital asset fraud.
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US Banks, Fintechs Clash Over ‘Exorbitant’ Open Banking Access Fees

With Section 1033 in limbo, banks’ proposed charges for account data access highlight legal ambiguities and regulatory gaps that could shape the trajectory of open banking policy in the US.
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Thailand Launches Sandbox For Tourist Crypto-To-Baht Payments

The Securities and Exchange Commission (SEC) has launched an 18-month sandbox, TouristDigiPay, allowing visitors to convert digital assets into Thai baht for spending as e-money, linking regulated asset operators and e-money providers.
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