A quick look at FIAU/MGA Consultation Document: “Application of Anti-Money Laundering and Countering the Funding of Terrorism obligations to the Remote Gaming sector”
The 4 AMLD is taking Anti-Money Laundering and Countering the Funding of Terrorism compliance to a new level for the Remote Gaming Sector. This Directive builds on and is an update on the 3rd AML Directive which was implemented in the year 2005. Amongst other measures, Remote Gambling Operators are…
read moreDiscover the Benefits of PCI DSS
A Brief Overview The Payment Card Industry (PCI) Data Security Standards (DSS) applies to any entity that stores, processes or transmits payment card details and requires each entity to stringently abide by stipulated regulations. Regardless of the volume of payment card transactions an entity handles, they are obliged to comply with…
read moreWhy Should your Business Invest in Kyte’s Anti-Money Laundering Services?
As an EU member state, Malta is implementing the Prevention of Money Laundering and Funding of Terrorism directive (4th AMLD). In 1994, our country had enacted the Prevention of Money Laundering Act (Chapter 373) and regulations (PMLFTR) which are intended to ensure that currency passing through Maltese units have not originated…
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