Key Official Services

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Chetcuti Cauchi is able to provide key official services to gaming operations set up under the firm's guidance. A Key Official would need to be appointed within 21 days from issue of the Letter of Intent.

Following find a list of responsibilities that need to be adhered to by the Companies' Key Official (KO):

  • System review / Certification of compliance.
  • Sealing of Servers and also responsible to make sure seals are not broken, and if so must be reported to the LGA and re-sealed.
  • Incident reports - the LGA is to be advised in respect of any changes made to either the hardware or software of the company, by signing and submitting the Incident reports.
  • Keeping the LGA updated in respect of any changes to be made, to the set-up approved by LGA.
  • Submission of monthly gaming tax and annual gaming license fee.
  • Submission of the Company's Accounts / Audit.
  • Ensuring players' funds are adequately held by the Company at all times.
  • Data Protection.
  • NSO - National Statistics.
  • KO is to have access to the back-end system.

Further, the Key Official together with the Management of the Company needs to ensure that the Company is operating in line with the following Cyprus regulations:

  • Companies Act, 1995
  • Data Protection Act, 2001
  • Electronic Commerce Act, 2001
  • Electronic Communications (Regulation) Act, 1997
  • Income Tax Act, 1948
  • Income Tax Management Act, 1994
  • Lotteries and other games Act, 2001 as amended (Remote Gaming Regulations)
  • Prevention of Money Laundering Act, 1994


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