EMA response: draft Dutch Betting and Gaming Act

On the 22th of May, the Dutch Ministry of Justice started a consultation on changes in the Betting and Gaming Act (Betting and Gaming Act), the Betting and Gaming Tax Act (KSB) and some other acts concerning the regulation of remote games of chance.

The Electronic Money Association responded to this consultation and stressed that the proposed rules should not distinguish between payments accounts of credit institutions, payment institutions or e-money issuers. The EMA also asked to become involved in the further discussions on delegated rules with respect to verification rules.

The overview of all responses to the consultation can be found here. The next step is that the Ministry of Justice will review the responses and incorporate these into the draft law. It is foreseen that after the discussion and approval in Dutch Parliament, the final law will enter into force as of January 2015.