The Isle of Man Gambling Supervision Commission (GSC) has levied a significant monetary sanction of £3.9 million against Celton Manx Limited, the authorised operator behind the well-known betting brand SBOTOP. This follows the outcome of a formal investigation into the company’s anti-money laundering (AML) and counter-terrorism financing (CFT) procedures. The findings, released in early July 2025, point to multiple serious breaches of the Isle of Man’s regulatory standards designed to prevent financial crime in the gaming sector....
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Finance News, Laws
June 4, 2024
Regulatory Challenges in Malta’s Finance Sector
Regulatory compliance is crucial in Malta's finance sector to ensure stability and integrity. This article highlights the key legal and regulatory challenges faced by financial institutions operating in Malta. From...