The Curaçao Gaming Management Board, the licensing authority for the web and land-based playing trade in Curaçao, unveiled a significant addition to its staff of execs. Hilary Stewart-Jones, an eminent advisor in playing legislation, was appointed as an advisor to the regulatory authority. She would play an instrumental function in serving to the board steer the forthcoming modifications within the Curaçao playing panorama.
Holding a grasp of legislation diploma from the Queen Mary College of London, she has greater than 30 years {of professional} expertise within the authorized sphere. Stewart-Jones’s experience could be an asset of inestimable worth to the Curaçao Gaming Management Board.
Amongst her profession milestones are being Chairman and CEO of Skywind Group, an unbiased advisor at playing legislation firm Harris and Hogan, and a non-executive director of Paysafe Group. Her space of experience is kind of intensive, together with Danger and Compliance Overview, Creating Insurance policies and Procedures, Licensing and Probity Approvals, Playing Rules, Monetary Rules, Contracts, and Phrases and Circumstances, amongst many others.
Stewart-Jones’ outstanding achievements inside the sphere of playing legislation align completely together with her function as an advisor to the Curaçao Gaming Management Board. In an announcement on her current becoming a member of of the staff, Stewart-Jones mentioned she was honored to play a task within the essential modifications that have been about to reshape the playing legislation within the island nation. She additional added that the upcoming regulatory modifications would result in Curaçao’s transformation into “a world-class participant within the world playing area.”
New Playing Rules to be Applied in Curaçao
An exhaustive reorganization of the playing regulation in Curaçao is at the moment underway because of the dangers related to the insufficiently sturdy verification processes and customarily liberal necessities.
The reform commenced on September 1, 2023, and encompasses a transitory section that can permit operators to adjust to the brand new playing necessities. The forthcoming modifications are supposed to overhaul the at the moment accepted regulatory framework for playing and finally create a safer and extra clear setting.
A number of vital regulatory modifications will reshape the present playing panorama. As of September 1, 2023, license holders are now not allowed to share or lease their licenses. Moreover, the only unbiased working authority that can have the ability to grant B2C and B2B certificates would be the Curaçao Gaming Authority.
License holders can be required to adjust to strict pointers regarding their monetary safety and integrity. Their operations can be subjected to compliance checks and audits regularly. Making certain participant safety and accountable playing sources will even be among the many reform’s priorities.
All in all, the appointment of Stewart-Jones is seen as a well timed and well-considered transfer from the Curaçao Gaming Management Board, additional solidifying its dedication to make sure a clean transition to the brand new playing rules.
