eSummit Online Series of KPMG Presents Themes in CFT/AML While FansUnit Secures Several Licenses in Malta

iGB Shows the first segment of Malta’s latest eSummit online Series, exploring present themes in CFT/AML. iGB is the media partner of the organizers of eGaming summit KPMG Malta. It has recently organized an online fireside session with the FIAU and MGA on present designs in CFT/AML.

The meeting discussion includes Alex Azzopardi, the Director and Risk Consulting Advisory of KPMG Malta; Kenneth Farrugia, who is Director of FIAU, or Financial Intelligence Analysis Unit and Joseph Attard, the Head of Anti-money Laundering and Compliance.

The topics discussed by all these participants include rising risks, trends, typologies, and threats. Other than these, the meeting participants will also share their remarks on the best practices for supervising and monitoring, different collaborating levels between FIAU and MGA. The necessity of empowering and employing independent MLROs and advantages of third party CFT/AML assessments and audits.

The session builds part of the latest KPMG iGaming Virtual Series, brought by KPMG in the absence of an actual body of conferences.

Secured Licenses

Meanwhile, a Canadian virtual gaming operator and technology sharer FansUnite has attained a gaming license and emergency betting supply license. Both these licenses are issued by the MGA, or Malta Gaming Authority. These licenses will approve FansUnite to provide a range of virtual betting services in Malta and the broader European Union market, counting casino, pool betting, fixed-odds gaming, and regulated skilled games.

Operator opted in this jurisdiction will gain access to FansUnite’s B2C and B2B products. The B2b emergency betting supply license was sanctioned to Askott Entertainment, the white label service and solution provider FansUnite achieved in August. It will activate the business to vend all its software to licensed sports gaming and iGaming operators.

Malta’s FansUnite E.G.G. limited will keep the latest B2C betting service license, and it will allow the company to run its own game offerings and brands in the broader and more populated EU market.

Vincenzo Davari, a writer on Sweden's best online casino, is a reporter by profession, but a learner by nature who provides informative news regarding casinos and gambling. When he gets free time, he loves to travel and explore the unknown. His diligent work helped him to get the Journalist’s Award twice.

Posted in MGA