91天堂原創

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鈥檚 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鈥檚 Payments Infrastructure

Payment system operator Pay.UK has unveiled a package of proposed reforms to the organisational framework for interbank payments, urging 鈥渞adical鈥 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鈥檚 official gazette.
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Philippines Offshore-Facing Operators Banned In Surprise Presidential Decree

Philippine President Ferdinand Marcos Jr. has announced a full ban on foreign-facing online gambling operations (POGOs).
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Gambling

Top CEOs Warn Harsh Regulations Bolster European Black Market

The CEOs of Flutter, bet365, Entain and others have written an open letter claiming European lawmakers are fuelling a 鈥渨orsening鈥 black market with overly tough regulations.
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Gambling

Pennsylvania Remains Ground Zero In Skill-Games Regulatory Battle

As the gaming industry waits for the Pennsylvania Supreme Court to rule on the legality of unregulated skill-game devices, some lawmakers and casino executives believe it may be too late to implement a total ban on the machines, forcing the industry to find an alternative solution.
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Gambling

Colombia Regulator Blocks Thousands Of Gambling Sites

Colombia's Coljuegos has continued its strategy of blocking the websites of unauthorised operators, announcing this week that a total of 8,676 sports-betting and online casino websites have been blocked in the country to date.
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Gambling

News In Brief: July 15-July 19, 2024

Global mega-supplier Evolution has acquired table-games provider Galaxy Gaming for around $85m.
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Gambling

German Court Says Regulator Can Ban Slots Streaming From Abroad

鈥嬧嬧嬧嬧嬧嬧婣 German court has affirmed the right of the Joint Gambling Authority of the Federal States to ban streaming of online slots games from foreign venues, the regulator has said.
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Gambling

91天堂原創 Summer Fraud Series: Preparing to Comply with the UK鈥檚 APP Fraud Reimbursement Rules (Part 1)

On July 12, 2024, the Payment Systems Regulator (PSR) published Policy Statement (PS) 24/3: Faster Payments Scheme (FPS) authorised push payment (APP) scams reimbursement compliance and monitoring. The PS follows the PSR鈥檚 April 2024 consultation for all payment services providers (PSPs) in scope of the reimbursement requirement policy to report data and information to Pay.UK, so as to allow it to effectively monitor and manage compliance with the FPS reimbursement rules.
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Payments

Week In Crypto: Tether Hit By New Price Manipulation Lawsuit

Tether faces renewed allegations of crypto price manipulation, BitMEX is convicted of anti-money laundering failures, and India鈥檚 largest crypto exchange is hacked by North Korea.
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Payments

US Fintech Association Calls On CFPB To Postpone New BNPL Rules

The American Fintech Council has urged the Consumer Financial Protection Bureau (CFPB) to give firms more time to comply with an upcoming rule on buy now, pay later (BNPL) products.
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Payments

Daily Dash: European Supervisory Authorities Unveil Second Batch Of DORA Standards

The European supervisory authorities (EBA, EIOPA and ESMA) have released the second batch of policy products under the Digital Operational Resilience Act (DORA), while the Bank of England has warned that high-value payments are being disrupted by a global issue.
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Payments

Ohio Lawmakers Seek To Eliminate College Prop Bets, Wyoming Tables Potential Ban

A group of Ohio lawmakers has called on the state鈥檚 gaming regulator to rescind its decision to prohibit player-specific proposition bets on collegiate athletes, arguing they are no different from professional sports.
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Gambling

Brazil's Bettors Cut Spending To Keep Gambling, Says Survey

A Brazilian consumer聽survey has revealed that nearly two-thirds of those who participate in online gambling have had their income 鈥渃ompromised鈥 by it.聽
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Gambling

New Head Dutch Regulator Outlines Plans To 'Expand' Supervision

The new head of the Dutch gambling regulator wants to tackle illegal gambling, 鈥渟cale up鈥 the supervision of online operators' duty of care and strengthen international collaboration.
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Gambling

DORA Deadline Is Closer Than You Think, Dutch Central Bank Warns

Financial institutions need to act now if they are to meet the January 17, 2025 deadline for the implementation of the Digital Operational Resilience Act (DORA), according to the Dutch Central Bank.
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Payments

Smart Data Bill Back On Agenda At Opening Of New UK Parliament

Fintechs are likely to be pleased as the new UK government commits to passing a new smart data bill in the coming year.
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Payments

'No Good Reason' For AML Reforms To Target Law Firms, Say Australian Lawyers

The head of an Australian legal association has called on the federal government to reverse its plans to impose suspicious matter and other reporting obligations on law firms.
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Payments

Daily Dash: Contactless Payments Surge As Debit Card Insertions Decline In Netherlands

New data from the Dutch Payments Association shows that contactless is taking over the debit card market, while Indonesia and South Korea have agreed to cooperate on a framework for cross-border payments connectivity.
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Payments

Greek Regulator Seizes Operator's Bank Account Over Late Tax Payments

Greek regulator the Gaming Supervision and Control Committee (EEEP) has published a brief statement declaring that it knows a 鈥渟erious operational problem鈥 exists within online operator Betshop.
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Gambling

Meta Helping Ukrainian Authorities Remove Illegal Gambling Ads

Ukraine鈥檚 gambling regulator has praised its work with US-based technology giant Meta to help tackle illegal advertising on its social media platforms.
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Gambling

Regulatory Influencer: UK Regulators Seek Views On The Benefits Of Digital Wallets

The UK Payment Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have issued a joint call for information, aiming to identify the benefits and risks of using digital wallets.
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Payments
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EBA Slams Fintechs Over Lax Compliance In New AML Risk Assessment

In its latest risk assessment, the European Banking Authority (EBA) has warned that poor practices and a lack of experience at fintechs, including payments and crypto firms, are undermining efforts to tackle financial crime.
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CFPB Hits Pause On Open Banking Rule Rewrite

The US Consumer Financial Protection Bureau (CFPB) is backing away from its earlier push to scrap a key open banking regulation, instead asking a federal court to pause litigation so it can develop a revised version of the rule.
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Ukraine Adopts EU-Style Open Banking Rules

The National Bank of Ukraine (NBU) has approved a comprehensive package of regulations to implement open banking in Ukraine, supporting the country's efforts to align with the EU.
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Marcos' Keynote Silence On Gambling Cheers Online Industry

The Philippine President鈥檚 avoidance of domestic online gambling issues in this year鈥檚 congressional appearance has encouraged the industry and frustrated its foes amid finance secretary support for taxation over prohibition.
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UK Threats Loom Even As Regulator Takes Softer Approach

The UK鈥檚 gambling regulator says egregious VIP schemes are a thing of the past and is backing bookies' habit of blocking winning customers, but Westminster politicians eager for reform are striking an altogether different tone.The UK Gambling Commission says that schemes which saw big bettors wined and dined by operators in the hopes of extracting more wagers are largely a thing of the past.
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Boyd Big Winner Among U.S. Casino Operators In Sports Betting Rush

The deal between FanDuel and Boyd Gaming to reacquire five percent of the sports betting giant鈥檚 equity serves as a reminder of how much the sports betting industry has changed in terms of acquiring market access.
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Trump Administration Pauses Senate Committee Vote On CFTC Nominee

Brian Quintenz鈥檚 nomination to be the next chairman of the Commodity Futures Trading Commission has been sidelined for the second time in the last week, this time at the request of the White House.
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Tanzania Eyes Land-based Gambling Changes After Introducing Tax Increases

The Law Reform Commission of Tanzania is reviewing a host of legal changes to help the country achieve its National Development Vision 2050, including looking at the impact of land-based gambling on young people.
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British Horseracing Authority Fight Against Proposed Tax Change Gathers Support

The British Horseracing Authority (BHA) has announced Lord Allen of Kensington will begin his role as chair on September 1 as its fight against a proposed "racing tax" gains support from a wide range of stakeholders.
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EU Regulators Clarify Scope Of DORA Register Of Information

The latest Q&As from the European Supervisory Authorities (ESAs) aim to address confusion around the EU鈥檚 operational resilience framework and the expectations for the Register of Information.
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