Entries by Nikolas.Lotz

German regulator announces prohibition orders

On 15 November 2019, the Darmstadt Regional Council, which is responsible for the upcoming licensing procedure, published an open letter to all providers of sports betting in Germany. In this letter, the authority reaffirms prohibition orders against those providers who do not apply for a license shortly after the regulation comes into force on the […]

Consultation for revised AML legislation in Malta

By the 6th of July, 2017, the FIAU have issued the attached consultation document for the revision of the PMLFTR. The new PMLFTR are designed to transpose the changes as required by the 4th-EU-AML-Directive and contain changes regarding due diligence measures for customers and business partners, thresholds, the scope of reliance and implement the risk-base […]

Federal government submits new AML act

The German federal government has just submitted its draft for the upcoming AML act (GwG-E) to the Bundesrat (Federal Council of German states). The draft, necessary due to the changes arising from the 4th EU-AML-directive, will soon be passed to the Bundesrat for feedback, and will then be presented to the Bundestag (Federal Parliament) for […]

Changes to the German gambling regulation

The Conference of the Ministers of the Interior of the German federal states has provided a new draft for the GlüStV, the German Inter-state Gambling Treaty, dated the 28th of October, 2016. Against the background of disputes, especially on the regulation of sports bets, the Ministers have decided to implement suggestions made by the courts […]

Hessen: Toleration for sports betting operators stopped

The initiative of the State of Hessen for a toleration of online sports betting operators has just been stopped. The suspension of the proceedings became necessary due to a summary decision imposed by the Administrative Court of Wiesbaden. Until the beginning of 2018, when the new Inter-state Gambling Treaty shall come into force, it is […]

New draft for the EU General Data Protection regulation

The German federal Goverment has issued its draft bill for the EU General Data Protection Regulation (EU-Datenschutzgrundverordnung, EU-DSGVO). The draft outlines the changes in the German data protection regulation that will come into force upon commencement of the EU General Data Protection Regulation, and contours the provisions to be implemnted to the German laws in […]

Second compromise text for the 4th-EU-AML-directive

The Council of the European Union has issued its second compromise text for the 4th EU-AML-directive. The draft contains mainly of selective changes in regards to topics being discussed before, and aims to improve the harmonisation of the European laws in the constantly developing field of AML.

Gambling Commssion: Consultation for the version of the „Remote Gambling Software and Technical Standards“

The British gambling authority,  Gambling Commission, has just opened its new consultation for the actualisation of the Remote Gambling and Technical Standards, which sets out the core technical requirements for remote gaming offers within the UK. The regularly performed consultations are used to gain input from operators and the gambling industry and give them opportunities […]

State of Hessen: toleration proceedings for internet sports betting

The state of Hessen, as the first German country, has started an initiative for the toleration of sports bets on the internet. Operators of existing sports betting offers may apply by submitting the required documentation until 15th of November, 2016. New operators may also apply at a later time. Requirements to the applicants arise from […]