Jersey Gambling Commission and Malta’s LGA sign MOU
Malta’s Lotteries and Gaming Authority (LGA) and Jersey’s Gambling Commission (JGC) have entered into a Memorandum of Understanding (MoU) on bilateral cooperation.
With this MoU the two jurisdictions recognise the common values underlying their regulation of remote gaming, namely to ensure consumer protection and the protection of society and public order, among others, and to regulate in such a way as to ensure fair, responsible and secure provision of gaming services, implemented through robust and comprehensive systems, mechanisms and monitoring.
The two jurisdictions aim to develop common responsible measures and enhance consumer and player protection measures including protecting minors and the vulnerable.
In addition both jurisdictions will strive to develop and share common regulatory best practices including employee exchange programmes, common certification standards and other practical and operative arrangements to reflect technological and other relevant developments in the area.
The MoU also addresses issues such as cloud regulation, the recognition of the use of financial institutions located in the territory of either jurisdicton for gaming transactions, the recognition of national certification bodies and player liquidity.
The Memorandum of Understanding was signed by Reuben Portanier, CEO of the Lotteries and Gaming Authority and Jason Lane, chief executive of the Jersey Gambling Commission.