Malta's Lotteries and Gaming Authority (LGA) and Jersey’s Gambling Commission (JGC) have entered into a Memorandum of Understanding (MoU) on bilateral cooperation.
In a statement LGA said tht with this MoU the two jurisdictions recognize the common values underlying their regulation of remote gaming namely to ensure consumer protection and the protection of society and public order, amongst 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 gaming measures and enhance consumer and player protection measures including the protection of minors and the vulnerable. In addition both jurisdictions will strive to develop and share common regulatory best practices including employee exchange programs, common certification standards and other practical and operative arrangements to reflect technological and other relevant developments in the area.
This MoU will provide a formal basis and framework for cooperation between the two jurisdictions, including for the exchange of information and investigative assistance of providers and remote gaming services. 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 Mr Reuben Portanier, CEO of the Lotteries and Gaming Authority and Mr Jason Lane, Chief Executive of the Jersey Gambling Commission.