Regulatory Updates

MGA Issues Revised Approved Audit Service Provider Policy

Following consultation closure related to the revised Audit Service Provider Guidelines, the MGA is hereby notifying all stakeholders that it has now issued its final version of this policy. Whilst the new policy presents some revised procedural and compliance-related amendments, its principal change is the introduction of other audit-related engagements within its scope. Whereas the […]

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MGA Issues Revised System Audit Checklist and New System Review Checklist

The Malta Gaming Authority is hereby publishing a revised version of the System Audit Checklist. The Authority is also issuing a new System Review Checklist, which will be used after licence issuance, to verify that the implemented systems operated by the Licensee reflect the information submitted to the Authority, as well as being in line […]

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Submission of Audited Financial Statements 2021

The Malta Gaming Authority (“MGA”) is hereby reminding all licensees of the requirement to submit their Audited Financial Statements within one hundred and eighty (180) days from the end of their financial year as stipulated in Article 41 of the Gaming Authorisations and Compliance Directive (Directive 3 of 2018). Moreover, licensees are reminded to ensure […]

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System Documentation Checklist Update

The Malta Gaming Authority is hereby publishing a revised version of the System Documentation Checklist (the ‘Checklist’), which may be accessed below, or in the ‘Downloads’ Section. The revised Checklist builds on the previous version, however it omits any requirements that were inefficient or obsolete.  Instead, this checklist focuses more on: The Company Structure The Business […]

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Notice on the intensifying state of affairs between Russia and Ukraine

With reference to the intensifying state of affairs between Russia and Ukraine, the Malta Gaming Authority (“the Authority”) would like to remind its licensees of their sanctions monitoring obligations under article 17(6) of the National Interest (Enabling Powers) Act and any guidance/directions issued by the Sanctions Monitoring Board (“SMB”). Licensees are particularly reminded of their […]

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MGA Launches the ‘Personal Portfolio’ in the Licensee Relationship Management System

On 29 November 2021, the Malta Gaming Authority (‘MGA’ or ‘Authority’) will be launching the Personal Portfolio in the Licensee Relationship Management System (‘LRMS’). Users will now be met with two distinct timelines when accessing the LRMS: the ‘Company Portfolio’ and the ‘Personal Portfolio’. As part of the Personal Portfolio implementation, the Personal Declaration Form […]

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The MGA Issues Updates to the Gaming Authorisations and Compliance Directive & Key Function Eligibility Criteria Policy

The Malta Gaming Authority is hereby publishing a series of amendments to the Gaming Authorisations and Compliance Directive (Directive 3 of 2018). The amendments mainly relate to the following: The overall number of key function roles and their underlying responsibilities; The deadlines by when certain key function requirements are to be observed; The persons who […]

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The MGA streamlines the Return to Player percentage applicable to both remote and land-based sectors

The Authority is publishing amendments to Article 22 of the Player Protection Directive (Directive 2 of 2018) (the ‘Directive’) in order to streamline the minimum Return to Player (‘RTP’) percentage applicable to licensees across all sectors. The amendment consists in the lowering of the existing minimum RTP percentage (applicable to operators offering their games online) […]

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