Chetcuti Cauchi is able to provide key official services to
gaming operations set up under the firm's guidance. A Key Official would need to be appointed within 21 days
from issue of the Letter of Intent.
Malta Key Official's Responsibilities
Following find a list of responsibilities that need to be
adhered to by the Companies' Key Official (KO):
System review / Certification of compliance.
Sealing of Servers and also responsible to make sure
seals are not broken, and if so must be reported to the LGA and re-sealed.
Incident reports - the LGA is to be advised in respect
of any changes made to either the hardware or software of the company, by
signing and submitting the Incident reports.
Keeping the LGA updated in respect of any changes to be
made, to the set-up approved by LGA.
Submission of monthly gaming tax and annual gaming
Submission of the Company's Accounts / Audit.
Ensuring players' funds are adequately held by the
Company at all times.
NSO - National Statistics.
KO is to have access to the back-end system.
KO's Compliance Obligations
Further, the Key Official together with the Management of
the Company needs to ensure that the Company is operating in line with the
following Malta regulations:
Companies Act, 1995
Data Protection Act, 2001
Electronic Commerce Act, 2001
Electronic Communications (Regulation) Act, 1997
Income Tax Act, 1948
Income Tax Management Act, 1994
Lotteries and other games Act, 2001 as amended (Remote
Prevention of Money Laundering Act, 1994
Chetcuti Cauchi exhibits at ICE Totally
Gaming Expo, London 2012 | 21/11/2011
The Malta issues new Gaming Devices Regulations, 2011 [15/04/2011]
Chetcuti Cauchi at ICE Totally Gaming, Earls Court, London 2011
Silvana Zammit interviewed by James Swift
of "The Lawyer" on recent ECJ rulings and Malta's positioning as
leader in the regulated gaming internet gambling industry