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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US Bill To Add 37 Percent Fee On Remittances To Select Countries

New legislation filed by Republican Congressman Nathaniel Moran would place a 37 percent transaction fee on remittance transfers that are sent to five specified countries.
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Payments

US Appeal Court Revives CFPB Prepaid Card Rule

PayPal’s legal battle against the Consumer Financial Protection Bureau (CFPB) has taken a new turn after an appellate court rejected the fintech’s argument that led to the partial invalidation of the agency’s prepaid card rule.
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Payments

Gambling Executives Say Industry Has Improved, Image Hasn't

Top corporate compliance officials say the gambling industry does not get enough credit for improvements in responsible gambling over the past five to ten years, but are hopeful they might be able to work better with the UK’s Gambling Commission.
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Gambling

Game Over' For Curaçao Master Licences

“The game is over” for Curaçao’s master licence holders and their unknown number of sub-licensees, according to the country’s finance minister, who has promised seismic reforms are only months away.
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Gambling

Peru Pushes To Amend Online Gambling Law Amid Turmoil

Peru’s launch of online gambling is up in the air due to political instability, but preparation continues apace as operators welcome draft legislation that would improve tax and other provisions enacted last year.
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Gambling

Vermont Begins Debate On Sports-Betting Legislation

Responsible gaming measures are the focus for Vermont legislators so far in debate on a sports-betting bill in the state’s House of Representatives, including the minimum age of bettors and marketing of “risk-free” bets.
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Gambling

Sports Betting Drives Growth In South Africa, Botswana, Malawi

The gambling industries of South Africa, Botswana and Malawi all saw sports betting become a key driver of growth and tax revenue amid impacts of the coronavirus pandemic, regulators say.
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Gambling

UK MPs Unimpressed By PSR’s APP Fraud Plans

The Payment Systems Regulator's plans (PSR) to put Pay.UK in charge of providing authorised push payment (APP) fraud reimbursement poses a conflict of interest, MPs sitting on the UK’s financial services committee have said in a new intervention.
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Payments

Texas Sports Teams, Operators Line Up Behind Sports-Betting Bills

Texas legislators on Monday (February 6) launched the latest effort to legalize sports betting in the Lone Star State through a pair of bills backed by an alliance of national sports-betting operators and more than a dozen Texas sports franchises.
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Gambling

Two Women Who Made Las Vegas History Team Up For Mayor's Race

After representing the gambling capital of the world in Congress for 14 years, Shelley Berkley wants to become mayor of Las Vegas next year.
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Gambling

UK To Crack Down On Websites Targeting Problem Gamblers

The UK’s Gambling Commission is poised to crack down on gambling companies that advertise they are “not on GAMSTOP”, the national self-exclusion service, a commission official has said.
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Gambling

Europe, US Industry Heads Say Casinos Face Major Challenges

Casinos in Europe and the United States are facing a host of significant challenges, according to representatives from the European Casino Association and the American Gaming Association.
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Gambling

US Digital Asset Firm Acquires Bank In $50m Deal

LevelField Financial, a digital asset trading platform, has agreed to acquire Illinois-based Burling Bank as part of its mission to gain regulatory approval for banking activities.
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Payments

Web3 Benefits Yet To Be Proven, Says UK Regulators

While there is little known about how Web3 might evolve, UK regulators have raised concerns over privacy and competition, as well as the challenges of enforcing compliance on decentralised apps.
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Payments

Impact Index January 2023

For the new year, VIXIO has revamped and rebased its monthly impact index series to take into account significant growth in our jurisdictional coverage and provide a concise overview of the global regulatory landscape.
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Payments

Instant Payments, Digital Euro Set To Dominate EU Regulatory Agenda

Experts believe that the proposal to amend the SEPA regulation to promote instant payments and put in place a legislative framework for a digital euro are likely to take priority as the EU’s political institutions get to their final stretch of the current parliament.
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Payments

Texas Racetracks Take Reins For Casino Expansion

The latest major proposal to legalize casino-resorts in Texas was introduced in the state’s House of Representatives on Friday after being expanded to include a central role for incumbent racetracks.
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Gambling

Virginia Senate Restores Sports-Betting Promotional Credits

A proposal to allow mobile sports-betting operators to resume deductions of promotional wagers in Virginia has been approved by the state's Senate, while a companion measure in the House of Delegates was put aside for consideration until a future date.
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Gambling

Dutch Regulator Prepares Offshore Sanctions Blitz

The Netherlands Gambling Authority (KSA) is preparing to slap more than €25m ($27m) in fines on black market operators, as its chief executive warned licence holders to get up to speed on data sharing requirements or lose their licences.
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Gambling

Brazil's Betting Market Continues To Grow Without Regulation

Experts on Latin American gaming are divided over when a regulatory framework for sports betting might be implemented in Brazil, with one operator warning that over-confidence could mislead investors and damage the industry’s reputation.
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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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