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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UK Industry Groups Warn Of Customer 'Rejection' Of Affordability

The Betting and Gaming Council has said there is “widespread rejection” of affordability checks after the publishing of a consumer survey conducted by Racing TV.
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Gambling

Chile Regulator Slams TV Stations for Airing Online Gambling Ads

Chile’s casino authority has sent letters to four local TV stations demanding they withdraw online gambling advertisements from their programing.
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Gambling

Proxy Sports-Betting Costs Monarch Casino $400,000 In Colorado

The Colorado Limited Gaming Control Commission has approved one of the largest enforcement penalties in the almost five years since the federal ban on sports betting was overturned by the U.S. Supreme Court permitting legalization of wagering outside of Nevada.
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Gambling

Should U.S. Lotteries Be Regulating And Operating Online Casinos?

As the U.S. industry continues to wring its hands about the lingering hiatus in internet gaming expansion, an influential regulator says state lotteries should not be regulating and operating de facto online casinos.
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Gambling

Second Website Blocking Effort Fails In Germany

The German Sports Betting Association (DSWV) is urging the gambling regulator to move away from enforcement and toward strengthening legal online gambling operators, after two attempts at IP blocking failed in court.
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Gambling

News In Brief: February 13-February 17, 2023

William Hill's app is back online in Nevada after its Superbowl shut down and it's game over for a casino bill in Virginia.
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Gambling

US Banks Ask For Debit Card Rule Delay Until 2025

US financial institutions ask the Federal Reserve to postpone a rule that mandates dual routing on debit cards used for online purchases until 2025.
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Payments

End Of Unregulated BNPL Nears As UK Government Publishes Draft Legislation

After a two-year wait, the UK government has published draft legislation that would bring buy-now, pay-later products under the regulation of the Financial Conduct Authority.
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Payments

Canada Takes Inspiration From Europe As It Consults On PSP Regulations

The Canadian government has opened a consultation on a regulatory framework for payment service providers (PSPs), aligning with similar approaches taken in the EU and UK.
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Payments

Daily Dash: EU Unveils New Round Of Sanctions

The EU has announced a tenth round of sanctions, Brazil has granted a new payments licence and Bank of Lithuania shuts down e-money firm for suspected anti-money laundering violations.
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Payments

U.S. Gaming Industry Sets Revenue Record But Faces Challenges

Gambling revenues in the United States reached record levels last year and that momentum has continued into 2023, but large fines for regulatory failings, unregulated slot machines and offshore websites continue to concern the U.S. gaming industry’s top lobbyist.
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Gambling

UK Gambling Commission Hits Blue Star Planet With AML Enforcement

Blue Star Planet, operator of 10bet.co.uk, will pay £620,000 to the UK Gambling Commission for failings in anti-money laundering (AML) and responsible gambling policies.
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Gambling

DraftKings Pushes Back Against Maryland Online Casino Plan

Non-casino gaming interests in Maryland are pushing back against proposed legislation that would bring online casinos to the state, but would do so through the state’s six land-based casinos.
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Gambling

Kenyan Authorities Appeal Ruling That Removed Controversial Tax

Kenya’s government agency responsible for collecting taxes is challenging a recent bombshell High Court decision that forced the removal of a controversial 7.5 percent excise duty tax on gambling activities.
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Gambling

Different Synergies: Why FIS Is Spinning Off Worldpay

US fintech giant FIS is planning to spin off Worldpay, the merchant services business that it acquired in 2019. VIXIO speaks to industry insiders to get their outlook on the future of the payments acquirer.
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Payments

US Congress Mulls Financial Data Protection Law Update

The chair of the House Financial Services Committee has promised to modernise the US financial data protection rules but consumer advocates are not convinced the new protections are strong enough.
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Payments

Digital Payments Surge In Nigeria As Cash Policy Brings Chaos

New limits on cash withdrawals have accelerated Nigeria’s shift towards digital payments, but government attempts to replace high-value banknotes have led to riots and a standoff between the central bank and Supreme Court.
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Payments

Gaming Industry May Struggle To Use Biometrics Without Violating Privacy Laws

In what could become a wake-up call for the casino industry, a federal court in Illinois awarded $228m in damages last October in a class-action lawsuit against a railroad company for collecting fingerprints of customers without obtaining their written consent.
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Gambling

India's Cricket Body Bans Gambling Deals With Women's Teams

India’s governing body for cricket has warned the five teams in the Women’s Premier League to reject branding, advertising or other associations with the gambling, cryptocurrency and tobacco sectors or face disciplinary action.
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Gambling

Northern Ireland Gambling Inquiry Told To Take 'Prevention-First' Approach

The Northern Ireland All Party Group on Reducing Harm Related to Gambling has met for the first oral evidence session of its inquiry into public health approaches to tackling gambling-related harms.
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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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