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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Nevada Regulators Consider Cybersecurity Requirements For Gaming Operators

The Nevada Gaming Control Board will consider how to proceed with several proposed amendments to state gaming laws creating new cybersecurity requirements for operators at a workshop next month.
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Gambling

Brazilian Platform Lured Customers With Bitcoin Before Sudden Closure

​​​​​​​A sports-betting platform in Brazil that promised its players huge returns has mysteriously and suddenly shuttered, leaving subscribers scrambling to find out where their money has gone.
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Gambling

Why Cross-Border Payments Still Have Not Been Solved

Complex regulatory requirements, legacy systems and a long priority list at many financial institutions have resulted in improvements to cross-border payments failing to become more efficient, experts suggest.
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Payments

India’s NCPI Signs First Deal With UK Acquirer

It will soon be possible for Unified Payments Interface and RuPay customers to make in-store payments in the UK through PayXpert’s solution, the National Payments Corporation of India (NCPI) has announced.
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Payments

UK, EU Merchants Hit By PSD2 Switching Pains, Says Study

Hopes were high when the revised Payment Services Directive (PSD2) came into force in the EU and UK, but has the new legislation lived up to expectations?
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Payments

Polish Human Rights Commissioner Wants Less Website Blocking

Poland’s Human Rights Commissioner has sent an official letter to the Prime Minister calling for the country’s extensive, but dubiously effective, blacklisting efforts to be scaled back.
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Gambling

U.S. Sports-Betting Market Leaders Continue Parlay Wager Push

Single-game parlays have become a popular product for players despite their longer odds and some of the leading U.S. sports-betting operators are riding the popularity of high-margin parlays to higher market share.
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Gambling

Reeling Macau Set For Authoritarian Security Reforms

The Macau government is preparing a hardline, Hong Kong-style upgrade of national security legislation with extra-territorial jurisdiction that criminalises individuals in Macau and overseas with links to foreign “threats”.
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Gambling

Faster Payments Overtakes Bacs In Latest UK Payments Stats

Faster Payments and other remote banking are gaining traction among UK consumers, with UK Finance unveiling that 86 percent of all UK adults used at least one form of remote banking during 2021.
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Payments

US Senator Accuses Regulator Of Pressuring Banks To Avoid Crypto Companies

A US senator has alleged that a federal regulator is using Obama-era scare tactics to discourage banks from engaging in legitimate business with crypto companies.
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Payments

End Misleading BNPL Ads, FCA Warns

Although buy now, pay later (BNPL) products may escape regulation, the Financial Conduct Authority (FCA) has warned that all BNPL products in the UK must comply with financial promotion rules.
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Payments

Will Major League Baseball Go Stag To California's Sports-Betting Party?

It has been ten days since Major League Baseball announced its support of an online sports betting referendum in California, and the silence from the National Basketball Association, National Football League and National Hockey League is growing more deafening.
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Gambling

Queensland Flags New Star Probe Into Triad 'Links'

Australian casino operator The Star Entertainment Group’s year of woe has taken another turn for the worse after a top Queensland state official flagged a fresh probity investigation over a media report linking partner company Chow Tai Fook to organised crime.
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Gambling

Chile Debates Sports-Betting Advertising

​​​​​​​While a public war of words breaks out within the industry, debate about regulating sports-betting advertising has been ongoing this past week behind closed doors, in the sports commission of Chile's Chamber of Deputies.
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Gambling

Truss Outlines Payments Policy Plans In Battle For No. 10

Liz Truss, the Conservative frontrunner to be the UK's next Prime Minister, has eyed up a financial regulatory merger, while also making commitments to ensure access to cash remains stable.
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Payments

Week In Crypto: Celsius Reveals Its Missing Billions, Coinbase Hit By New Insider Trading Claims

New court hearings shine a light on the hole in Celsius’s balance sheet, fresh allegations of insider trading are levelled against Coinbase and another algorithmic stablecoin unravels.
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Payments

SEC Charges Three With Insider Trading Concerning Equifax Data Breach

The US Securities and Exchange Commission (SEC) has said a public relations employee tipped off her friends with prior information on the massive Equifax data breach and illegally profited from trading stocks in light of that information.
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Payments

Daily Dash: India Consults On Payments Systems

India’s central bank has released a new discussion paper on payment fees, while a New Zealand bank becomes the latest to offer a mobile payments terminal for merchants, and Dubai leans into the metaverse.
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Payments

Brazil's Gambling Bill May Get Autumn Date In Senate

​​​​​​​A sweeping bill to legalise gambling in Brazil will be scheduled on the Senate's legislative agenda after presidential elections conclude on October 30, according to the measure's chief sponsor.
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Gambling

Kenya Revenue Authority Clears Suspended Licences

​​​​​​​A total of 105 gambling companies in Kenya have cleared a major hurdle in receiving their licence or having it renewed.
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Gambling
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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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California Tribes Seeking Second Win With Anti-Sweepstakes Legislation

In the wake of an opinion from California’s attorney general that threatens the future of daily fantasy sports in the state, Indian gaming tribes are looking to score a second major policy victory that could threaten sweepstakes operations as well.
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Pennsylvania Issues New Guidance For Virtual Dealers, Promo Bets

Pennsylvania regulators have issued a deadline for online gaming operators and suppliers to come into compliance with a series of new requirements for virtual dealer table games and a specific version of online blackjack.
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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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