Curaçao license

This largely involved a shake-up of the Curaçao gambling licence, which in recent years gained a reputation as one of the more permissive licensing jurisdictions in the world. Curaçao has gained a reputation has one of the more permissive licensing hubs. Under current law, operators must apply for a sub-licence from one of the four current master licence holders in order to gain approval. Jansen said it is the government’s intention to see this system phased out. While the legislation has not yet been submitted to parliament, the regulators will be issuing new licences with enhanced obligations from 1 September. Importance of continuity. To ensure continuity, Jansen said the regulator will be extending all master licences for an additional year. There curaçao license were only 4 such companies on the market. “No operator is going to have to pause or stop any business as a result of anything done by the ministry,” she said. “One of the primary elements of the transitions into the new regime is to facilitate uninterrupted continuity of all operations of sub-licence holders.” However, when the LOK does eventually enter into force, all sub-licensees will have a 90-day deadline to make an application for a new licence, regardless of the remaining term of the master licence. During the subsequent application process, the old regulations will apply for up to nine months after the implementation of the LOK. “For those operators who do not wish to move to the new licensing regime, they can continue to conduct business up until the date the relevant master licence expires,” said Jansen. Görseldeki curaçao varlıkları sayalım.