Curaçao has curaçao license gained a reputation has one of the more permissive licensing hubs. Under current law, operators must apply for a sub-licence from one of the four current master licence holders in order to gain approval. Jansen said it is the government’s intention to see this system phased out. While the legislation has not yet been submitted to parliament, the regulators will be issuing new licences with enhanced obligations from 1 September. Importance of continuity. To ensure continuity, Jansen said the regulator will be extending all master licences for an curaçao license additional year. Jansen emphasised that the process will not disrupt the business of any current licensees. “No operator is going to have to pause or stop any business as a result of anything done by the ministry,” she said. Counter Strike kodlarını kullanmadan license önce ayarlardan, geliştirici konsolu vs.
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Over the past years, operators with a Curaçao license have encountered more and more difficulties in onboarding, even in Curaçao itself. We hope that the changes to the license will enhance the ability of operators to open accounts and connect payment solutions. The Ministry has assured us that these negotiations are actively curaçao license underway. When will the new legislation regarding the Curaçao license come into force? The Minister of Finance expects the new legislation to come into force at the end of the 2nd quarter of 2023. Given the fact that current master license holders have not had their licenses renewed to this day (all expire in 2023), there is a good chance that the legislation will come into effect soon. More information about the new requirements, as well as the cost of the license, will be available soon, after the final adoption of the bill by Parliament. Unfortunately, at the moment the bill is not in the public domain and we have to collect information from different, but verified sources. Betole casino.
We are also preparing a contingency plan for alternative licenses for those operators who will not be willing or otherwise unable to comply with the new regulatory requirements of the Curacao license. If you have any questions about future changes or would like to discuss a plan for further action, please contact the lawyer accompanying your project. We will be happy to answer any questions you may have. Curaçao: All master licences to get one-year extension. Jansen outlined how the island would be handling licences at iGB L!VE, as the National Ordinance for Games of Chance (LOK) approaches implementation. The LOK is the planned legislation that will reform the country’s licensing regime for foreign operators. In 2020, the Netherlands government requested that Curaçao reform its gambling regulations as a condition of financial relief in the wake of the Covid-19 pandemic.
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