At KPMG, we understand the importance of navigating complex regulatory environments. Our tailored compliance process is designed to meet the diverse needs of our clients, offering a streamlined approach to gaming regulatory compliance across multiple jurisdictions.
Our methodology is backed by extensive expertise in the gaming sector and years of practical application. We ensure a thorough analysis of regulatory requirements, delivering actionable insights and recommendations.
From detailed document reviews to engaging with key stakeholders, our approach is defined by thoroughness and precision. We map client controls to specific gaming regulatory requirements across different jurisdictions, using a robust rating system to assess coverage and identify gaps. Through prioritised operational testing, we address areas of heightened concern, employing a risk-based approach to strengthen clients' compliance position in their selected markets.
Transparency is at the core of our process. Through workshop discussions and meticulous reviews, we ensure alignment on identified issues and create a clear path forward for remediation. Our reports are not just summaries; they are actionable roadmaps detailing progress and offering practical recommendations for further enhancement.
At KPMG, we empower our clients with a clear understanding of their compliance landscape, enabling effective risk management and unwavering regulatory adherence. Our adaptable methodology is tailored to suit each client's unique needs and priorities.
Client’s Needs and Expectations
The Client holds gaming licenses in multiple jurisdictions, each having unique regulatory compliance requirements. The aim is to establish a baseline to understand these requirements and ensure they are appropriately addressed within their policies, procedures, and controls. Additionally, the Client seeks to conduct effectiveness testing of the existing controls.
How KPMG will meet the Client’s Requirements
KPMG can evaluate the regulatory requirements in each jurisdiction, map them to the Client's existing controls, assess their compliance against the jurisdictional requirements and industry best practices, and support implementation to address any identified gaps. We will leverage our Betting and Gaming practice, which has extensive experience with evaluating gaming-specific regulatory requirements across multiple jurisdictions for licencees.
Our Proposed Approach*
Identification of gaming-specific regulatory requirements in place across the in-scope jurisdictions.
Mapping of requirements to controls in place, with deficiencies in coverage of controls highlighted and linked to actionable recommendations.
Prioritised operational effectiveness testing, based on key areas of concern / higher risks.
Fully independent assessment of Client’s remediation activities.
*Can be tailored according to our clients' needs
