Calling all MGA Licensees: A Terrific Opportunity to Boost Your CPD Points Now!
Listen up Guys. Here’s some important news about Anti-money Laundering, Compliance and Player Protection coming your way.
As you may be aware, on October 20 last year, the Malta Gaming Authority (MGA) published a series of amendments to its Gaming Authorisations and Compliance Directive (Directive 3 of 2018), in parallel with a new Policy on the Eligibility and Ongoing Competency Criteria for Key Persons.
Following last year’s Amended Directive (and the requirements established under the newly-issued Eligibility Policy), it may interest you to know that the bar has now also been raised on the expertise, ongoing training and professional education for Key Function Holders (KFHs) in departments such as Anti-Money Laundering, Compliance and Player Protection – making this fundamental for the proper fulfilment of the regulated role of a KFH under the Maltese Gaming Act.
The new regulation comes into effect on December 1 this year.
So here’s the rub:
To fulfil the necessary quota of 10 CPD points, KFH’s MUST be seen to be applying ongoing efforts to obtain knowledge and keep abreast of relevant developments in their field.
One CPD hour is earned for each hour of active participation in Professional Educational Activities, such as courses, in-house training, conferences, seminars and workshops relevant to a given Key Function.
Failure to adhere to CPD requirements will, unfortunately, result in applications for renewal of the relevant authorisation being refused by the Malta Gaming Authority.
As part of our commitment to the AML, Player Protection and Compliance professionals in our community, and beyond, iGamingFuture is hosting an inaugural iGF Breakfast Club.
At a new dawn for responsible gambling and compliance, and the outdated 2005 UK Gambling Act set for imminent amendment, staying ahead of the regulatory curve has never been more important.
We’re gathering some of the greatest minds in our industry’s wider regulatory sector to discuss the most pressing compliance and responsible gaming issues of our times.
John Battle, Head of Compliance at the ITN GROUP, will give our Keynote Presentation.
Drawing on his vast experience as a compliance leader at one of the finest media companies in the world, John will offer you a fresh perspective on how to navigate an increasingly regulated environment.
This will be a wonderful opportunity to be introduced to some innovative ideas and learn how the mainstream media industry meets challenges that face all of us.
The iGF Breakfast Club is a free, in-person VIP event tailored for leaders who are dedicated to Changing the Narrative, who want to create an industry where players are fully protected while facilitating a healthy, competitive iGaming market.
For your company records and as proof positive to acquire your vital CPD points, you will receive an official iGF Breakfast Club Attendance Certificate.
Enjoy a fresh and exclusive industry event.
Click the link below and register now!
