KSA provides guidance on KOA information-sharing duties

By | July 6, 2021

Kansspelautoriteit (KSA), the gambling regulatory authority for the Netherlands, has launched a consultation providing guidance to operators in relation to ‘policy rules on information sharing duties’.

Terms of the Remote Gambling Act (KOA Act) dictate that licensed holders are ‘obliged to report relevant changes, behaviour and events’ to the KSA as the governing authority of the Netherlands regulated online gambling marketplace which will formally launch on 1 October.

Licence holders’ duties to update KSA on technical, data and management changes have been outlined as a core obligation of the KOA Regime, helping the authority to regulate the market transparently.

The duties will require KOA licensed operators to provide updates on board number of technicalities related to game selections, terms and conditions database controls and senior management changes. 

Furthermore, operators must disclose any changes in the duties in referring customers to CRUKS – Dutch gambling’s new unified self-exclusion scheme.   

In its notice, KSA reminded applicants that company guardians must be nominated as the legal representative of operators of the KOA Regime.  

KSA stated that its consultation would be available until 13 August, allowing for applicants to submit questions on their information-sharing duties. Last April, KSA disclosed that the satisfactory launch to its KOA licensing window had seen 28 operators (foreign and domestic) apply for licenses.

Leave a Reply

Your email address will not be published. Required fields are marked *