The Malta Gaming Authority (MGA) has issued a reminder to licensees regarding the necessary compliance procedures for outsourcing activities related to material supplies, critical supplies, and key functions.
According to the Gaming Authorisations and Compliance Directive, licensees must adhere to the Policy for Outsourcing by Authorised Persons. Licensees are required to notify the MGA within 30 days when outsourcing material supplies.
For outsourcing activities deemed to be critical supplies or critical services, prior approval from the Authority is mandatory. This approval must be secured before entering into any agreements, MGA said in a statement.
Outsourcing requests should be submitted through the ‘Operational – Outsourcing Arrangements’ application on the Licensee Portal. Key Function applications need to be submitted directly by the respective Key Person via the ‘Personal Portfolio’ on the Licensee Portal.
Furthermore, if licensees require the MGA’s formal approval for any outsourced business arrangements with third parties, known as ‘Shared Conduct Agreements,’ a specific procedure must be followed to obtain this approval. This procedure has been updated as of June 2024 and can be accessed here.
MGA announces changes to process for addition of new game providers
Back in June, the MGA unveiled updates to its notification process for adding new Game Providers, effective August 1, 2024. Licensees must now include additional documentation and information when submitting notifications through the Licensee Portal under the ‘Technical – Change in Game Type/Provider’ application.
The required documentation includes the updated Key Technical setup and Essential Components documentation, as well as the updated Specifications of the Gaming System documentation. Additionally, a Declaration must be provided by a Key Person or a Director of the Licensee.
Original article: https://www.yogonet.com/international/noticias/2024/07/01/72915-mga-reminds-licensees-to-notify-material-outsourcing-within-30-days
