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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Ghana Advances Plans To Digitise Gambling

Ghana's Gaming Commission has seized more than 500 illegal analogue slot machines, as the country continues to push towards a more digital economy.
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Gambling

Singapore Government Responds To Payments And Crypto Questions

Hot off the heels of new financial services legislation, Singapore’s finance minister and chief of the Monetary Authority of Singapore has responded to queries from lawmakers regarding crypto sanctions compliance and payment licence exemptions.
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Payments

European Commission Launches Digital Euro Consultation

Brussels’ has begun to pave the way for EU legislation to accommodate a retail central bank digital currency, as the European Central Bank’s project continues to take shape.
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Payments

FinAccel Becomes First Fintech To Acquire Indonesian Bank

Parent company of Kredivo, Indonesia’s largest buy now, pay later (BNPL) provider, has launched a new assault on the market with the acquisition of Bank Bisnis.
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Payments

M&A Surge Going Nowhere, Experts Predict

Buy now, pay later (BNPL) mergers and acquisitions are expected to continue to surge as the market matures; however, payments insiders are split on whether it has proved too late for the banks to get involved.
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Payments

Brazil Levels Playing Field With Tighter Rules For Large Fintechs

New Brazilian fintech regulations require large payment firms that engage in deposit-taking and lending to meet the same standards as traditional banks.
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Payments

Norway Orders Gambling Ads Pulled From Discovery Channels

The Norwegian Media Authority has ordered television distributors in the country to remove gambling advertising from Discovery channels such as Eurosport Norway, a decision the media company said it may appeal.
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Gambling

Federal Regulation Required For U.S. Gaming Industry To Embrace Digital Currencies

The Biden administration’s order directing federal agencies to coordinate efforts to regulate digital currencies has been welcomed by those in the gaming industry who believe regulators need a federal framework to feel comfortable with cryptocurrencies as a form of payment.
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Gambling

New Powers For Payments Oversight Coming For Singapore

Singapore’s government has set out to parliament how the city-state will amend its financial services law, including new compliance requirements for payments services and crypto-assets.
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Payments

Finally! UK Government Unveils Crypto Plans

Stablecoins are to be recognised as a valid form of payment and the Royal Mint is making a non-fungible token, HM Treasury has announced.
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Payments

Request To Pay Innovations To Kick Off In 2022

Pay.UK is set to launch three new features for the request to pay overlay service later this year, which is expected to help give a competitive edge to payment providers, reduce fraud and aid struggling small and medium-sized enterprises.
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Payments

Footballers Banned From UK Gambling Ads Under Tougher Rules

Leading footballers will be banned from marketing gambling products under new rules designed to curb their appeal to young people, a UK advertising body has announced.
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Gambling

India Seizes $54m From Lottery Mogul Santiago Martin

India’s economic crimes agency has seized 4.1bn rupees ($54m) in bank account and mutual fund holdings controlled by notorious “Lottery King” Santiago Martin. The latest salvo in a decades-long battle between law enforcement and the gaming mogul.
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Gambling

Ontario Ends Grey-Market Status With Historic Online Gaming Launch

A new era of online gaming in Canada officially launched on Monday as 13 approved operators went live in Ontario with regulated sports betting and online casino offerings.
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Gambling

Greek Watchdog Backs Online Casino Boost

Revenues for Greece's thriving online market passed €700m for the first time in 2021, as the gambling regulator recommended to government that a hike in the maximum online casino stake would benefit the market still further.
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Gambling

Swedish Treasury Targets Black Market, Duty Of Care

​​​​​​​Sweden’s State Treasury has called for more action against unlicensed operators and for consumer protection measures to be bolstered.
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Gambling

G7 Nations Need Common Crypto Regulations, Says Bank Of Japan Official

Stablecoins are in the crosshairs as policymakers focus on sanctions busters, while Japan’s central bank digital currency study forges ahead.
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Payments

Malaysia Unveils Plans To Study CBDCs, Rejects Proposal To Make Bitcoin Legal Tender

Malaysia’s central bank has published a new report outlining plans to study both wholesale and retail central bank digital currencies (CBDCs) for a range of use cases, while debate rages over digital assets.
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Payments

Crypto Players Express Disappointment Following Brussels’ Travel Rule Vote

New transfer rules have been voted through by members of the European Parliament (MEPs), igniting frustration among the crypto industry who feel like they are being unnecessarily targeted.
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Payments

Crypto Mining Investment Shows Bitcoin’s Potential Green Future

Despite a widespread assumption that Bitcoin mining is bad for the environment, there are many factors that could one day lead it to be encouraged rather than denounced by regulators.
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Payments
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ECB Marches On With Digital Currency Plans

The European Central Bank (ECB) is drafting a new digital asset scheme rulebook as it lays the groundwork for the introduction of a digital euro.
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UK Strategy Targets Growth Via Payments And SM&CR Changes

Finance minister Rachel Reeves has unveiled reforms intended to inject momentum into the economy, promising to slash red tape and accelerate upgrades to the country’s payments infrastructure.
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EPC Finalises API Specifications For SEPA Request-To-Pay Interoperability

The European Payments Council (EPC) has published its SEPA Request-To-Pay (SRTP) Inter-Service Provider (SP) API Specifications, completing the technical documentation needed to support the implementation of the SRTP scheme across the Single Euro Payments Area (SEPA).
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President Trump’s Tax Bill Raises Slot Tax Reporting Threshold

A tweak to the tax bill signed by President Donald Trump would modernize gaming tax policy by increasing the threshold for reporting jackpot wins on slot machines and video lottery terminals in casinos.
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Gambling Commission Fine Transparency Improving But UBO Rules Cause Concern

The Gambling Commission's new criteria for imposing fines will help increase the transparency around predicting fine amounts, but some concerns remain over how the rules impact ultimate beneficial owners (UBOs), according to legal experts.
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Consultation May Signal End Of Surcharges In Australia

The Reserve Bank of Australia (RBA) has opened a consultation into card surcharging, which it says is no longer achieving its intended purpose of guiding consumers towards efficient payment choices.
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EBA Clarifies PSD2 Scope On Credit, Postal Orders And Fuel Cards

The European Banking Authority (EBA) has published clarifications on applying the revised Payment Services Directive (PSD2), covering the definition of credit, the status of postal money orders, and the classification of fuel cards as payment instruments.
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Wise Fine Highlights Evolution Of US Payments Regulation

The $4.2m fine for money laundering and Bank Secrecy Act (BSA) violations reflects both a trend towards local enforcement and a sharpened focus on anti-money laundering and counter-terrorism financing (AML/CTF).
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DraftKings Pays $3m To Settle Connecticut Marketing Investigation

DraftKings has agreed to return more than $3m to players and pay a $50,000 penalty in a second high-profile settlement announced by Connecticut regulators in as many months.
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Romanian Gambling Ad Restrictions Incoming But Lawyers Flag Need For Clarity

Romania’s new Audiovisual Code introduces several important changes, clarifications and restrictions; however, questions raised about the definitions, such as sports personality or influencer, have not been “thoroughly defined”, according to legal experts.
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