The licences will automatically convert to those granted under the LOK. The minister said these licences will have three important features: These licences will be issued under current legislation, not the LOK; The licences will be directly issued to operators. The approval will only grant the holder the right to operate gambling, not to offer sub-licences; The new licence will include provisions addressing anti-money laundering and responsible gambling obligations. However, after 1 September existing master licence holders will still be permitted to issue sub-licences in line with current legislation. Whether applications for sub-licences with master licence holders that are in progress or paused will continue to be processed will be up to the licensees themselves. The minister urged sub-licences to contact their relevant master licence holder for further clarification. legal advisor to the Curaçao ministry of finance sixiènne jansen. “Contrary to much speculation, there has been no change whatsoever to the legislation or permissions since the minister publicly announced the drafting of the new legislation last November,” said Jansen. Ayşe AYDIN TB 105 BEDEN EĞİTİMİ I TB 105 Beden Eğitimi I (0-1)1 license (AKTS:1) 1.
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There will be a transition period for current sublicense holders, which we will discuss below. Also, a new type of license will be introduced for B2B vendors (for the first two years having a license for them will be optional). Accordingly, the operator will only be able to use software from vendors with a local license. Increased regulatory requirements. Fair Play. The changes include new standards for game fairness to ensure that all games offered are transparent and fair. Soğuk baklavaya sıcak şerbet dökülür mü.
The legislation provides a new procedure for the verification of all shareholders and key persons of the applicants’ companies. Particular attention will be given to verifying the sources of income and wealth of the applicants under the new regulations. Banks and payment methods. We asked the Ministry representatives to comment on how the future legislative changes will affect payment solutions and banks. The Ministry is currently negotiating with major banks and payment solutions to improve their treatment of operators with this license. Over the past years, operators with a Curaçao license have encountered more and more difficulties in onboarding, even in Curaçao itself. We hope that the changes to the license will enhance the ability of operators to open accounts and connect payment solutions. The Ministry has assured us that these negotiations are actively underway. When will the new legislation regarding the Curaçao license come into force? The Minister of Finance expects the new legislation to come into force at the end of the 2nd quarter of 2023. Given the fact that current master license holders have not had their licenses renewed to this day (all expire in 2023), there is a good chance that the legislation will come into effect soon.
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