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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Merchants Ask US Congress To Oust UnionPay From EMVCo, PCI

Ahead of the US congressional hearing on China, merchants ask lawmakers to boot China’s UnionPay out of global standard-setting bodies and pass the Credit Card Competition Act to close “a glaring security gap” in credit card processing.
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Payments

Daily Dash: New Data Exposes Extent Of US Romance Scams

The US Federal Trade Commission has issued new information regarding romance scams, while the Bank of Lithuania has sanctioned an e-money firm for money laundering failures.
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Payments

Super Bowl In Sports-Betting State For First Time; Las Vegas In 2024

Less than five years after the U.S. Supreme Court ruled all states can legalize sports betting, the country’s premier sporting event — the Super Bowl — will be played on Sunday in a state offering lawful sports wagering for the first time.
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Gambling

Professional Athletes Want Protections Added To Missouri Sports-Betting Bills

After several incidents where gamblers have directed their frustrations at athletes online after losing bets, the players’ associations from the five major U.S. sports leagues are asking state lawmakers for protections to be included in sports-betting bills or in standalone measures.
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Gambling

As Sports-Betting Ads Proliferate, U.S. Congressman Seeks Federal Ban

Describing the U.S. sports-betting industry as predatory by so aggressively advertising its products, a New York congressman introduced a bill on Thursday to ban all ads for sports wagering.
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Gambling

Dutch Regulator Cracks Down On Unlicensed Operators

The Netherlands Gambling Authority has fined two unlicensed gambling companies €900,000 each for letting Dutch residents play.
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Gambling

Colorado Seeks Greyhound Simulcast Wagering Ban, Fixed-Odds Betting No Replacement

A bill to end simulcast wagering on greyhound racing in Colorado is moving forward with bipartisan support in the state legislature but questions remain if fixed-odds wagering on horse races can replace the purse revenue generated by these wagers.
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Gambling

News In Brief: February 6-February 10, 2023

Brazil's parliament is pushing the country's financial authorities to investigate money spent with offshore gambling sites.
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Gambling

EU-Hired Consultancy Delivers PSD2 Recommendations

The revised Payment Services Directive (PSD2) has been a success and is still relevant to the market, but issues such as consistency and competition are holding it back, a new report suggests.
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Payments

UK Lending Standards Board Beefs Up Reimbursement Code Targeting Prevention

The Lending Standards Board has made further updates to the Contingent Reimbursement Model Code in a new bid to clamp down on authorised push payment scams.
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Payments

MGM CEO Says Company Has 'Moved On' From Entain Pursuit

MGM Resorts International’s top executive said the gaming company has, at least for now, “moved on” from its pursuit to acquire Entain.
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Gambling

Slots Gridlock Handcuffs German Licensees Against Black Market, Officials Say

A logjam in approving individual slots games is keeping German licensees from offering enough choice to fend off black-market competition, industry representatives have said.
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Gambling

New Jersey Regulator Urges National Adoption Of Responsible Gambling Standards

Online casino and sportsbook operators should apply New Jersey’s newly effective best practices in jurisdictions across the country to lead policy discussions on responsible gambling, according to the state’s chief gaming regulator.
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Gambling

UK Commission Boss Attempts To Calm Affordability Concerns

The UK’s top gambling regulator hopes for a future where there can be a “mature” conversation about player protection versus consumer freedom, but pointed to current and future enforcement cases as evidence that the industry still has problems to solve.
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Gambling

Berlin Court Penalises YouTube Influencer For Illegal Gambling

A Berlin district court has issued a penalty order of €480,000 against a well-known YouTube personality for streaming illegal gambling, according to the public prosecutor’s office, which requested the penalty.
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Gambling

Kindred Ready For £7.1m UK Fine

Kindred is preparing to pay £7.1m for a fine it expects to receive following reviews by the UK Gambling Commission, according to a statement in its Q4 2022 report.
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Gambling

Australian BNPL Openpay Collapses As Shares Frozen, Receivership Confirmed

Openpay, a Melbourne-based buy now, pay later (BNPL) firm, has become the first BNPL listed on the Australian stock exchange to collapse, after disabling new purchases on its app and entering receivership.
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Payments

BoE, Treasury Open New UK Consultation On ’Digital Pound’ CBDC

The Bank of England and HM Treasury have launched a joint consultation on a “digital pound”, a retail central bank digital currency (CBDC) that would serve as a new form of money for households and businesses.
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Payments

McGuinness Outlines Central Themes For PSD2 Overhaul

The EU’s financial services commissioner has added further detail to what Brussels is looking to possibly change in its overhaul of the revised Payment Services Directive (PSD2).
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Payments

Australian Treasury Asks For Feedback On Proposed Crypto Regulations

Australia’s Treasury has published a new consultation that seeks feedback on proposals to regulate the crypto industry using existing financial service frameworks, and based on a division of tokens, token systems and their associated functions.
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Payments
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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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