Connect with us

Game villa

Dutch Regulator Partnered with British Regulator

Published

on

Dutch Regulator Partnered with British Regulator

To better support the gambling regulators’ perspective and to enhance their supervisory tasks, some of them agreed to collaborate with one another. In their partnerships, they can exchange their regulatory best practices regarding the policies and licensing enforcement. 

 

Such is the case of the British gambling regulatory body, the UK Gambling Commission, and the Dutch national regulator Kansspelautoriteit (KSA). Actually, KSA has inked a memorandum of understanding (MoU) with the UKGC with the goal to reinforce the level of collaboration between these two powerful regulatory bodies.

The UKGC and KSA’s Agreement

The MoU will allow the two organisations to share information as well as enable them to closer work by centring on the online gambling area enhancement. In this deal, they will also be able to focus on the regulatory concerns related to this sector. This primarily includes the cooperation on the initiatives to protect players from gambling-related problems, independent brands such as Very Well Casino, Non Stop Casino and prevent crime including terrorist financing and money laundering. 

As stated by René Jansen, KSA chairman, the MoU formed a good basis for sharing knowledge, cooperation, and a smooth exchange of information. He also added that a clear signal was also given to providers of games of chance that cooperation was taking place at an international level. “Online games of chance move across borders. That is the reason why working together is important for supervisors”, Said Jansen upon signing the agreement. This deal comes before the release of legal online gambling in the Netherlands on 1 October despite the three times of delays.

Dutch Gaming Authority, Kansspelautoriteit (KSA)

Established on 1 April 2012, the Kansspelautoriteit is an independent regulatory body established to supervise and regulate the games of chance in the Netherlands. The organism is governed by the Board of Directors and is operated by the Management Team. Nonetheless, the country’s Remote Gambling Act (KOA) and its policy rules came into effect on 1 April 2021. With the entry into force of the KOA, offering gambling services via the internet in the country has become legal provided that the operators get a licence from the Kansspelautoriteit. 

KSA has, actually, delivered the licensing process for operators who desire to offer iGaming services in the Netherlands. Since its creation, this body has already delivered around 35 licences. This independent governance body and the regulator has recently started to launch an action to prevent any affiliate marketing associated with the online gambling industry there. In fact, the entity has investigated 44 gambling websites and imposed sanctions for those who failed to act responsibly.

The UK G*mbling Commission (UKGC)

The UK G*mbling Commission is an authority released in 2007 under the 2005 Gambling Act. This British watchdog is mainly recognized for its stricter regulations to ensure the players’ protection and security. The operators who want to provide remote and non-remote services in this country must hold licences from this powerful regulatory entity. With the significant growth of the gambling industry in the sovereign state, several gambling companies want to build their businesses there. These firms are under the regulation and supervision of the Gambling Commission. 

 

As the UKGC is one of the most respected regulators, several gaming regulatory bodies around the world have signed a partnership with this entity. For this reason, KSA has teamed up with this British regulator to learn from this body and set up gambling regulations in the Dutch iGaming market. Apart from the UKGC, the Netherlands’ KSA has also signed up collaboration with other reputed gaming watchdogs such as the French gaming regulator Autorité Nationale des Jeux (ANJ), the Malta Gaming Authority (MGA), the Belgium Gambling Commission (BGC), and Sweden’s Gambling Inspectorate Spelinspektionen.

 

error: Content is protected !!