Malta moves date of new regulatory framework

The introduction of a new regulatory framework in the country has been pushed back to August 1st.

Malta.- The Malta Gaming Authority (MGA) has announced that the date of introduction of the new regulatory framework has been pushed to August 1st so the regulator can review new recommendations from the European Commission (EC) and from another European member state.

“Following the notification of the draft new legal framework regulating gaming… a Detailed Opinion has been issued by a Member State in relation to the draft Gaming Authorisations Regulations (the regulations). The European Commission and another Member State have also issued comments in relation to various legislative instruments,” said the MGA through a public notice published on its website.

The Detailed Opinion has extended the standstill period for implementation of the regulations by one month, to July 16th. Therefore, the date to implement the new regulatory framework has also been delayed by one month to August 1st, 2018.

The MGA said that during that time, the government of Malta and the MGA will review and take into account the recommendations made by the European Commission and the Member States.