Insights

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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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Fraud Prevention Is 2023 Priority For Payments Firms

Payments players have said that they anticipate that 2023 will see the challenges around tackling fraud continue to play out, as VIXIO research finds that it is a top ranking priority for compliance teams to fix.
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Payments

SEC Charges Nexo With Unregistered Securities Violations, Settles On Same Day For $45m

Nexo, a Bulgaria-based crypto lending and trading platform, has agreed to a $45m settlement after being charged with unregistered securities violations by the US Securities and Exchange Commission (SEC).
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Payments

US Financial Regulator Puts Subscription-Based Firms On Alert

The US Consumer Financial Protection Bureau warns companies against using dark patterns to make consumers pay recurring fees.
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Payments

Peru's Finance Minister Talks Gambling Tax, Social Unrest

In a perfect world, restructuring taxes, including those that address gambling, would be part of Peru’s post-pandemic economic recovery, according to the country’s minister of finance.
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Gambling

U.S. Operators Face Escalating Enforcement Environment

Ohio has wasted little time in raising the bar in terms of enforcement activity against sports-betting operators, although U.S. states still have a long way to go before they start to resemble the more hostile enforcement environments of European markets.
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Gambling

Kenya Improving Tax System, Considering National Lottery

Kenya's new government is considering setting up a national lottery and will ramp up tax collection as the country looks for ways to stimulate growth.
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Gambling

Subsidies Renewed For Indian Banks On Low-Value RuPay Debit Card, UPI Payments

The Indian government has announced that it will continue a long-standing incentive scheme that allows banks to claim subsidies for processing certain types of low-value digital payments.
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Payments

Hungary Pushes For Expanding ATM Network

As digital payments have become part of everyday life, regulators are growing concerned about the decline in access to cash. Hungary has become the latest country to regulate the number of ATMs that card issuers must provide.
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Payments

US Federal Reserve Prepares Master Account Register

The US Federal Reserve is building a public database of payment system participants as the transparency of granting valuable access to the central infrastructure is becoming a more pressing issue.
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Payments

UK Parliamentarians Warn Premier League Of Sponsor Probe

The vice chair of a coalition of UK politicians has warned the Gambling Commission and the English Premier League to account for alleged ties of eight sports-betting sponsors to convicted junket supremo Alvin Chau or face a parliamentary probe.
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Gambling

New Hampshire Legislature Debates Online Gaming Bill

The chairman of the New Hampshire Senate’s Ways and Means Committee believes his state should join six others in regulating online gambling and is proposing to use a model similar to the one already being used to regulate mobile sports betting.
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Gambling

Ukraine Passes New Bill To Hike Gambling Industry Taxes

Ukraine’s parliament has passed a bill which scraps the inclusion of the gambling industry in the country’s simplified taxation system and returns rates to pre-war levels.
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Gambling

Owner Of World's Richest Sports Franchise Finds Betting A Hard Sell

Valued at $8bn by Forbes Magazine, the Dallas Cowboys are the wealthiest sports team on the planet, but the team’s owner is finding it difficult to persuade lawmakers even in his home state to support sports betting.
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Gambling

Week In Crypto: US AML Probe Leads To Arrest Of Russia-Linked Exchange Founder, MiCA Vote Postponed

The US Department of Justice has arrested and charged a Russian national as part of a major crypto AML investigation, the EU has pushed back its vote on MiCA, and Three Arrows Capital has re-emerged as a bankruptcy claims exchange.
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Payments

SCA Works, At Least For Fraud Reduction, Italian Data Shows

In a recent report, Italy’s central bank found that strong customer authentication (SCA) has significantly reduced card-not-present fraud and saved around €60m.
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Payments

HSBC Admonished For API Fails In The UK

HSBC has got into trouble with the Competition and Markets Authority for failures relating to the Retail Banking Order.
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Payments

Daily Dash: Spanish Stablecoin Project Gets Go-Ahead

Banco de Espana has approved a euro-backed stablecoin project, the UK’s Treasury minister has talked up the benefits of open banking and the EU’s banking watchdog has revealed a record number of high earners in the sector.
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Payments

Indiana Online Casino Efforts Begin With New House Bill

Although the chances of passage remain slimmer than most advocates would hope, Indiana legislators have begun to mount their 2023 effort to enact online casino legislation in the state.
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Gambling

Dutch Regulator Fines Malta-Based Shark77 €900,000

The Netherlands Gambling Authority has fined Malta-based online operator Shark77 €900,000 for allowing Dutch players to gamble on its website without a licence.
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Gambling

Paraguay Regulator Faces Legal Action Over Sports-Betting Tender

Paraguay’s beleaguered National Gaming Commission (Conajzar) could be facing legal action from B-Gaming and Gambling SA Consortium, which narrowly missed out on the country’s sole sports-betting contract.
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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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