With the growing focus on financial integrity and anti-money laundering (AML) measures, the Financial Action Task Force (FATF) recommendations have significantly influenced the regulation of gambling licences worldwide. This blog post will explore how these guidelines shape the licensing process, promoting transparency and accountability within the gambling industry. As jurisdictions adapt to comply with FATF standards, the implications for operators and regulators alike are profound, affecting everything from compliance costs to operational practices. Key Takeaways: FATF recommendations enhance the due diligence processes for gambling operators to prevent money laundering and terrorist financing.......
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Laws, Licenses & Payments
November 14, 2025
How AML Failures Trigger Licence Suspensions in the EU?
Just as financial institutions strive to uphold integrity, failures in Anti-Money Laundering (AML) practices can lead to severe repercussions, including licence suspensions across the European Union. Regulatory bodies impose strict...
Licenses & Payments
October 15, 2025
Why Cyprus is accused of slow action on casino licences
Over the past few years, Cyprus has faced mounting criticism regarding the sluggish processing of casino licences, a situation that raises concerns about the country's regulatory efficiency and economic strategy....
Licenses & Payments, Taxation
September 30, 2025
EU tax authorities push for shared registry of PSP licences
Many European Union tax authorities are advocating for the establishment of a shared registry for payment service provider (PSP) licenses. This initiative aims to enhance transparency and efficiency within the...
Laws
September 27, 2025
Forex brokers exploit Maltese licences for risky trades
Brokers often seek regulatory jurisdictions that offer lenient oversight to maximize profit potential, and Malta has become a prime target. The island's licensing framework attracts numerous forex brokers who engage...
Licenses & Payments
August 12, 2025
Sandbox licences – blessing or back door for risky fintechs
Sandbox environments in the fintech sector offer innovative companies a controlled space to test their products under regulatory oversight. While these licences can foster creativity and growth, they also raise...
iGaming News, Licenses & Payments
June 6, 2025
Top Gambling Licenses That Truly Protect Players
Most online gamblers may not realize that the effectiveness of gambling licenses varies significantly between jurisdictions. In this blog post, we'll investigate into the different types of gambling licenses currently...
Laws, Licenses & Payments
June 4, 2025
The Battle Between Local Law and Offshore Licences
It's necessary to understand the implications of the ongoing conflict between local laws and offshore licences in today's globalized economy. As businesses increasingly seek to optimize their operations by leveraging...
Licenses & Payments
May 7, 2025
Why the MFSA rarely revokes licences despite violations?
MFSA, the Malta Financial Services Authority, plays a pivotal role in regulating the financial services sector in Malta. Despite numerous violations reported within this sector, the MFSA tends to exercise...
Licenses & Payments
May 5, 2025
Malta’s neobank licences used by unrelated operators
Neobank licenses in Malta have garnered attention for being utilized by entities that are not directly associated with the banking sector. This development raises questions regarding regulatory oversight and the...