The persons who shall shoulder responsibility in the absence of duly appointed key function holders;
The manner and form in which declarations and assurances are to be made by auditors on behalf of licensees during submission of audited financial statements; and
The applicability of suspicious betting reporting requirements.
These amendments have been published together with a Policy on the Eligibility and Ongoing Competency Criteria for Key Persons. This Policy is intended to revise and collate the existing eligibility criteria while also introducing authorisation renewal requirements related to continuous professional development for existing key persons. Moreover, the Policy clarifies the MGA’s position regarding the compatibility of key function roles with each other in light of the amendments to the Directive.
The Gaming Authorisations and Compliance Directive may be found on this link, while the Policy on the Eligibility and Ongoing Competency Criteria for Key Persons may be found on this link.
For more information or assistance on the above, please don’t hesitate to contact our iGaming experts on [email protected].