A new AML package has been brought forward by the European Parliament to further boost money protection across the continent. The package is yet to be cleared by the Council of Europe (expected to happen in May), but once it goes into effect, it will introduce a wide range of new rules around money transfers, especially regarding high-value transactions. Various …
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The decision of the EU Parliament to approve the new European Digital Identity has been welcomed by the European Gaming and Betting Association (EGBA). According to the gambling industry trade group, the regulation’s endorsement at the highest level of EU politics “marks a significant milestone in the journey towards a more secure and inclusive digital environment for all citizens” across …
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The European Parliament has adopted a negotiating position on the provisions of the Digital Services Act (DSA), a development welcomed by the European Lotteries (EL) for enhancing consumer protection and measures against illegal online gambling. Coming to a decision, MEPs approved the provisions by 530 votes to 78, with 80 abstentions, with the legislation now moving onto the ‘trilogues’ stage, …
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The European Gaming and Betting Association (EGBA) has joined 15 counterpart trade associations to ensure that the European Union maintains its Digital Services Act (DSA) as a “workable, balanced and future-proof legislation”. Sponsored by the European Commission (EC) in 2020, the DSA plans to update the EU’s legislative framework on digital commerce to create a level playing field for businesses …
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With the UK European elections due to take place tomorrow, the newly-formed Brexit Party is tipped to gain the most seats with it being traded at 97 per cent on Smarkets. The eurosceptic party, fronted by Nigel Farage, has shaken up the market for the ‘most seats’ in the UK European elections. Smarkets detailed that while the party was originally …
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ESSA has welcomed the European Parliament report which focuses on improving governance standards as a means of addressing key sports issues such as match-fixing. Drafted by Finnish MEP Hannu Takkula (ALDE), the parliament’s own-initiative report also promoted the development of a transparent culture within the sports sector. On match-fixing, the report highlights several mitigating actions, including enhanced international cooperation amongst …
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Tennis has triggered the most betting integrity alerts over the past quarter, accordinding to ESSA‘s second quarterly integrity report which details the level of suspicious betting activity detected on the markets of some of the world’s major regulated betting operators. Overall, during the second quarter of 2015, ESSA members raised 73 alerts of which, after detailed examination, 23 were found …
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Betting industry body ESSA, has welcomed the European Parliament’s approved a joint motion for a resolution promoting the adoption of good governance practices in sport to protect it from the adverse impacts of corruption and fraud, including money laundering and match-fixing. Members of the European Parliament (MEPs) agreed the joint motion for a resolution following the recent revelations of alleged high-profile …
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In terms of the big players in online social marketing Google+ has often been cast aside in brands’ consideration of which network to focus their efforts on. The likes of Facebook and Twitter are deemed more effective and useful in reaching a large, target audience. Many are now beginning to realise however that overlooking Google+ has been a mistake. It’s …
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The Remote Gambling Association (RGA) has expressed disappointment at the new amendments to the European Commission’s proposal for a new Anti-Money Laundering Directive (AMLD), which has singled out online gambling as an area for high regulation. The amendments adopted by the European Parliament today would require online gambling operators to conduct due diligence as of the establishment of the business …
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