Dutch and British gambling regulators increase collaboration
The Netherlands’ KSA and the British Gambling Commission have signed a memorandum of understanding to increase cooperation.
UK.- The Netherlands’ Kansspelautoriteit (KSA) and Britain’s Gambling Commission have signed a new memorandum of understanding (MoU) that aims to increase cooperation between the two gaming regulators.
The MoU allows for the regulators to share information and work more closely together on regulatory issues surrounding online gambling. It comes as the Netherlands prepares to launch its regulated igaming market from October 1.
The two regulators also intend to collaborate on player protection efforts and measures against money laundering and terrorist financing.
KSA chairman René Jansen said: “The MoU forms a good basis for sharing knowledge, cooperation and a smooth exchange of information. A clear signal is also given to providers of games of chance that cooperation is taking place at an international level.
“Online games of chance move across borders. That is why it is important that regulators work together.”
The Netherlands’ new Remote Gambling Act (KOA) was implemented on April 1, when KSA opened the licensing application process for igaming operators.
The Dutch regulator has said it expects to issue around 35 online gambling licences initially.