To help license holders in the Netherlands satisfy ever-tougher criteria, BetComply, a top technical and regulatory compliance company in the iGaming sector, has developed a state-of-the-art solution. ComplyCheck, the newest product from BetComply, is designed to make compliance easier for operators in light of the increased scrutiny that the regulatory environment is expected to receive this year.
Self-assessment and expert review are combined in ComplyCheck, powered by SG Certified, to provide a hybrid approach to compliance. Operators can provide evidence at their own pace by answering a series of simple questions at the beginning of the tool. After finishing, BetComply’s regulatory specialists thoroughly examine the submission and provide a detailed report outlining any non-compliance and offering insights into future regulatory advice adherence.
Streamlining Compliance Efforts
Chief Compliance Officer of BetComply Mike de Graaff emphasizes the value of proactive compliance measures in light of increased regulatory scrutiny. He underlines how ComplyCheck streamlines the compliance process by providing a productive and affordable solution that is in line with operators’ regular business activities. BetComply wants to give operators more authority to meet their duty of care responsibilities to clients as the Dutch regulator steps up oversight.
The Dutch regulator, Kansspelautoriteit (KSA), has emphasized the need for licensed online casino operators to prioritize customer protection, particularly in combating gambling addiction and excessive participation. With increased supervision slated for 2024, adherence to regulatory guidance is paramount. BetComply’s ComplyCheck positions operators to navigate these imperatives effectively, ensuring compliance with evolving regulations and safeguarding customer well-being.
BetComply’s performance history in the Netherlands is a testament to its knowledge and dedication to high standards of compliance. A major percentage of the nation’s issued licenses have been secured thanks in large part to the efforts of co-founder and chief compliance officer Mike de Graaf, who is well-known for his expertise in supporting license applications and optimizing regulatory frameworks. Since its debut, BetComply has played a crucial role in assisting operators in navigating the ever-changing Dutch gaming market.
With increased regulatory oversight in the Netherlands, ComplyCheck from BetComply stands out as a compliance tool that gives operators a competitive edge in adhering to changing regulations and guaranteeing ethical gaming activities.
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