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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New Jersey Slow To Respond To New York City Casinos

The process of bidding for three casino licenses in the New York City area is moving forward, but the same cannot be said for a potential counteroffensive on the west side of the Hudson River in northern New Jersey.
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Gambling

Gambling Ad Exposure Linked To Participation, UK Review Says

There is evidence that more advertising exposure increases gambling participation and leads to greater risk of harm, according to a new piece of research.
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Gambling

California Regulators Propose New Advertising Rules

After finding numerous examples of advertisements from cardrooms and third-party providers that fail to include responsible gambling information, the California Gambling Control Commission has proposed regulations to ensure the messages are included in every industry ad.
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Gambling

Daily Dash: Saudi CBDC Plans Advance

Saudi Arabia has progressed to a new stage in its digital currency project, while Commerzbank has confirmed it is suing EY over losses related to the Wirecard scandal.
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Payments

Week In Crypto: Binance Banking Partner Restricts Withdrawals, Coinbase Hit By Dutch Fine

A US-based bank will no longer process small-ticket USD withdrawals for Binance users, Coinbase is hit by another fine and New York regulators call time on commingling of funds at crypto firms.
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Payments

FinCEN Warns US Property Market Being Exploited By Sanctioned Russians

The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has warned financial institutions that sanctioned Russian oligarchs may use the US commercial real-estate sector to hide their wealth.
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Payments

Get Consumer Duty Plans Sorted, FCA Warns Firms

The UK financial watchdog has listed its recommendations for firms after publishing its findings on the Consumer Duty implementation so far.
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Payments

Poland Investigates Ad Violations By Dutch, Serbian, Montenegrin Handball Federations

Poland’s Ministry of Finance is investigating potential illegal advertising of gambling operators, including the Dutch national lottery at the 2023 Men’s Handball Championship.
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Gambling

Financial Risk Checks In White Paper, Not Affordability, Says UK Gambling Minister

UK government cabinet ministers are giving their final thoughts on the much-delayed Gambling Act review white paper, according to the minister in charge of gambling policy, including the scrapping of wide-ranging affordability checks.
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Gambling

Washington Cardrooms, Racetracks Seek To Expand Sports Betting

Eric Persson, chief executive of Maverick Gaming, has unsuccessfully lobbied lawmakers for more than two years to allow cardrooms in Washington state to offer legal and regulated sports betting, but that has not stopped him from getting behind another legalization effort this year.
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Gambling

News In Brief: January 23–January 27, 2023

An online casino bill is launched in Maryland, Ontario revenues spike as licensed market comes fully online and investigations continue into exclusive betting licence tender in Paraguay.
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Gambling

Three Remittance Firms In Trouble With UK Regulator

The UK finance watchdog has issued a statement of objections to three cross-border money transfer firms over alleged fixed prices.
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Payments

CBDC Could Offer Potential Fix For Cross-Border Payments, Says MAS Chief

A top official at the Monetary Authority of Singapore (MAS) has said that central bank digital currency (CBDC) could deliver low-cost and efficient cross-border payments, but it is not the only solution on the table.
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Payments

Senators Set To Launch Probe Into PAGCOR Auditor Deal

Philippine lawmakers have renewed an attack on PAGCOR, with senators preparing to launch a Senate investigation into the gambling regulator’s contract with its online gaming auditor.
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Gambling

Georgia Sports-Betting Backers Potentially Changing Legalization Strategy

Supporters of sports betting in Georgia may be changing course once again in their efforts to legalize the activity in the state.
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Gambling

Dutch Operator JOI Fined €400,000 For Young Adult Promotional Emails

An online operator owned by one of the Netherlands' biggest bricks-and-mortar casino groups has been fined €400,000 for aiming adverts at young adults.
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Gambling

German Watchdog Starts PayPal Probe

Germany’s antitrust regulator is investigating PayPal over claims of inhibiting competitors and restrictive price competition.
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Payments

In Touch Fined £6.1m In Third UK Regulatory Action Since 2019

The UK’s Gambling Commission has fined In Touch Games £6.1m for failings in social responsibility and anti-money laundering policies, its third seven-figure regulatory action since 2019.
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Gambling

ICE Conference Set To Rebound, But Brexit Clouds London Future

​​​​​​​The ICE gambling conference seems poised to rebound to full strength or better next month, but rising London costs worsened by Brexit raise questions about its future in the UK’s capital.
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Gambling

U.S. Compliance Executives Seek Inclusion In Partnership Negotiations

As the U.S. gaming industry continues to evolve with the expansion of sports betting, cashless payments and eventually the widespread adoption of internet gaming, compliance executives agree there is a need for them to be involved in negotiations with third-party skin operators and partners.
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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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