Mazars publishes gaming Key Official guide

Mazars Malta, a member firm of international audit and advisory group Mazars, recently launched a guide to the duties and responsibilities of the Key Official, in the context of companies which apply for a remote gaming license from the Malta Gaming Authority.

The Key Official plays a key role in the relationship between the Authority and the licensee, acting as primary point of contact and liaison between the two. Local legislation establishes the main function of the Key Official as one focused on personally supervising the operations of a licensee, ensuring that the licensee complies with all applicable laws and regulations, the conditions of the license and any directives issued by the MGA to the licensee.

Mazars Malta partner Alan Craig explained that “the pivotal role of a Key Official within the local remote gaming sector – primarily as guardian of the license obtained from the Authority – prompted us to prepare and publish a practical guide to the myriad duties and responsibilities of the Key Official. The MGA puts great emphasis on the fitness and propriety of a person to fulfil the role of Key Official, including the applicant’s full understanding of the Key Official’s function and sound knowledge of the their obligations at law and in practice. This guide will help prospective applicants and licensees to understand better the MGA’s requirements and expectations in this regard.”

Craig went on to add that this initiative is in line with “Mazars Malta’s business advisory mission and specifically its reputation as a specialist in the Gaming sector”. To view Mazars Malta’s ‘The Key Official Guide’ visit www.mazars.com.mt