Key Official

A licensee shall appoint at least one Key Official. Such appointment must be approved by the Lotteries and Gaming Authority (LGA) and is a condition of the license. A Key official must satisfy the following criteria:

• He must be a resident in Malta;
• The Key Official must be appointed as a director of the Company holding the license;
• He must be a physical person not a legal entity;
• and he must be approved by the LGA as a fit and proper person

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 Malta 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