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.

Automatic Pix Goes Live, Enabling Recurring Payments in Brazil

Pix, Brazil’s instant payments system, has introduced a recurring payments mechanism, aiming to simplify bill payments for consumers.
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Sweepstakes Ban Under Consideration in New York, Vetoed In Louisiana

As one state legislature looks to reinforce regulatory actions against sweepstakes gaming operations, another has seen the governor veto a legislative ban, calling it unnecessary.
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Pay.UK Sets Out Ideas For Reforming UK’s Payments Infrastructure

Payment system operator Pay.UK has unveiled a package of proposed reforms to the organisational framework for interbank payments, urging “radical” change to prevent the UK falling behind on infrastructure and innovation.
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Presidential Decree Confirms Brazil Betting Tax Hike

A sharp increase in the main tax applied to online betting in Brazil became reality late Wednesday when an emergency decree was published in the Brazilian government’s official gazette.
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SWIFT Nears Completion Of Cross-Border CBDC Payments Study With Capgemini

SWIFT, the global interbank messaging system, has almost completed its latest round of experiments on cross-border central bank digital currency (CBDC) payments with the help of French IT firm Capgemini.
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Payments

Malta Firms Face Financing Struggles

Malta’s tarnished financial reputation is making life difficult for operators seeking funding, but at least one major player says it remains committed to the island.
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Gambling

India Committee To Propose National Online Gaming Regulator

India’s central government has established a cross-ministry committee to explore the national regulation of online gaming, a potentially seismic development that could augur a shift to liberalisation across much of the country.
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Gambling

Ontario Set To Squeeze Suppliers Assisting Grey Market

Ontario regulators have helped guide operators and suppliers through their transition from the grey to regulated online gaming market in the provinces, but are now expected to pressure newly registered suppliers that continue to service both the licensed and offshore segments.
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Gambling

Danish Problem Gambling Rate Doubling Dismays Government

​​​​​​​Danish lawmakers will discuss new measures to tackle gambling addiction and a local trade group has announced several changes, after a new report revealed that the number of people with gambling problems has more than doubled since 2016.
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Gambling

Lopsided Vote Boosts Momentum For $1.7bn Bally's Casino In Chicago

Chicago took a giant step toward becoming the largest city in North America with a full casino-resort after the Chicago City Council on Wednesday overwhelmingly approved Mayor Lori Lightfoot’s recommendation of Bally’s Corporation to develop a $1.7bn project in the Windy City.
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Gambling

News In Brief: May 23-May 27, 2022

The Queensland state government has introduced a new casino control bill in response to the fallout from other state inquiries that have eviscerated management at Crown Resorts and The Star Entertainment Group.
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Gambling

Fed Issues Final Rule On FedNow Transfers

The Federal Reserve (Fed) has finalised a rule for payment transfers over its forthcoming FedNow service, discussing fraud prevention and what “immediate” payments mean.
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Payments

Sweden Completes First Phase Of Migration To TIPS

Sweden's central bank, the Riksbank, has successfully completed the first phase of the migration to TARGET Instant Payment Settlement (TIPS), paving the way for the instant settlement of payments in Swedish kronor.
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Payments

New Zealand: New Retail Payments Act To Impose Interchange Controls On Visa, Mastercard

A new payments act passed earlier this month will ensure that interchange fees in New Zealand are more tightly controlled, as a result of a long-awaited move by the country’s regulators.
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Payments

Crypto ’Not Practical’ For Payments, But CBDC Could Offer Solution, Says BoE’s Bailey

Andrew Bailey, governor of the Bank of England (BoE), has cast doubt on the idea that crypto could evolve into a mass payments solution, while suggesting instead that central bank digital currency (CBDC) is a more likely candidate.
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Payments

Schrems III? Max Schrems Expresses Concerns About New EU-US Data Sharing Agreement

Details about the new EU-US data transfer mechanism raise more questions about the stability of the adequacy agreement, Schrems has said in an open letter to the EU’s data protection institutions.
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Payments

Iowa Governor To Consider Two-Year Casino Moratorium, Cashless Gaming

Iowa Republican Governor Kim Reynolds is preparing to review a gaming bill passed by lawmakers that would impose a two-year moratorium on any new casinos in the state while permitting cashless gaming on casino floors.
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Gambling

German States Committee Oversight Of Gambling Called 'Chaotic'

The fact that German sports betting and online slot game regulators can currently be overruled in licensing decisions by the 16-member Gambling Committee is “chaotic and stupid”, a gambling attorney has said.
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Gambling

Massachusetts Sports-Betting Conference Committee Faces Daunting Task

A six-member conference committee appointed last week has a difficult task ahead of it in bridging the gap between two dramatically different sports-betting bills approved in Massachusetts to find a solution both the House and Senate can agree on.
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Gambling

Polish Lawmakers Call On Government To Introduce GGR Tax

A group of cross-party Polish MPs has joined repeated calls for the government to move away from a turnover tax they claim is pushing bettors to the black market.
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Gambling

Norway’s Central Bank Confirms CBDC Testing

Norges Bank, the Norwegian central bank, has said in its Financial Infrastructure 2022 report that the testing phase for its central bank digital currency (CBDC) will run until 2023, while also joining international colleagues in calling for more crypto regulation.
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Payments

Western Union Off The Hook In Sweden Over AML

Sweden’s financial watchdog has said that there are shortcomings in the payments institution’s approach to anti-money laundering (AML) compliance, but it will not be taking further action.
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Payments

US Lawmakers And ABA Cast Doubt On Digital Dollar Use Case

In two separate letters, Republican lawmakers and the banks’ lobby group question whether the potential benefits of a US central bank digital currency (CBDC) outweigh the risks it poses.
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Payments

Argentina's Córdoba Province Kicks Off Online Licensing, Despite Opposition

The province of Córdoba in Argentina announced on Friday that it will open a tender process this month to grant up to ten licences to online gambling operators.
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Gambling
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Philippines Mulls Mandatory Listing Of Online Gambling Companies

In an apparent global first, the Philippine government is considering compulsory stock market listings for online gambling companies to compel greater transparency in operations and ownership.
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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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FCA’s Guardrails For BNPL Aim To Bring Consumer Duty Requirements To The Space

Buy now, pay later (BNPL) users are set to gain new protections under proposals published today by the UK’s Financial Conduct Authority (FCA), which has set a compliance deadline of July 2026.
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UK Industry Wrangles With Rapidly Approaching Cross-Sell Ban

When 2025 draws to a close so will the era of lucrative cross-selling promotions in the UK, with operators and affiliates facing the tall task of adapting successfully to another major shift in marketing compliance.
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Bailey Cool On UK CBDC Suggestions

Hopes of a British central bank digital currency (CBDC) were dealt a blow by the governor of the Bank of England, Andrew Bailey, who said he “remained to be convinced” of the need for one.
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EU Lawmakers Insist Digital Euro Must Safeguard Privacy And Preserve Cash Access

The European Parliament’s Civil Liberties Committee (LIBE) has called for stronger guardrails for privacy and guaranteed access to physical cash in its opinion on the EU's proposed legislation to establish a digital euro.
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Regulatory Influencer: Malta’s Key Observations on Website Practices of Crypto-Asset Service Providers

Earlier in the year, the Malta Financial Services Authority (MFSA) conducted a thematic review of websites belonging to all the crypto-asset service providers (CASPs) authorised by the MFSA in relation to Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA). This was part of the MFSA’s commitment to consumer protection, ensuring that the information provided was fair, transparent and not misleading. Following its review of websites, the MFSA sent out a Dear CEO letter to CASPs laying out its findings.
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Regulatory Influencer: The Philippine Central Bank As Payments Policeman And… Online Gambling Saviour?

The Philippine online gambling industry’s rapid transition from a disgraced foreign-facing segment to flourishing domestic sector is approaching a crunch moment as payments channels come under unprecedented scrutiny.
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Peru President Vetoes Consumption Tax Bill

Peru’s president has partly vetoed a bill that would reduce the impact of a controversial consumption tax applied to online gambling.
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Ukraine Releases Flurry Of Consultations As It Seeks To Update Gambling Rules

Ukrainian licence holders will only have two months to comply with a long list of updated regulations under a key new proposal, as the country unleashes a flurry of consultations aimed at updating and aligning rules as well as improving industry oversight.
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