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MGA Wages War on Match Fixing in Cricket by Teaming up with ICC
By Jeff Osienya Apr 20, 2020 IndustryThe MGA clamps on match fixing in cricked by coming up with a data sharing agreement with the ICC. The watchdog also signed an MoU with the FIAU to escalate their AML fight.The MGA (Malta Gaming Authority) and the ICC (International Cricket Council) have signed a data-sharing agreement to tighten the noose on match fixing.
The ICC is a universal cricket watchdog and the body is composed of more than 100 regulators governing nations and regions from across the globe. Part of this council’s duty involves oversight of the sport on an administrative capacity, preparation and scheduling of global cricket tournaments, supervising playing regulations and enforcing strict measures against match fixing and other forms of corruption through the Integrity Unity.
With the signing of this new agreement, the sharing of data between the two bodies will facilitate fairness and combat any potential channels for corrupting the highly competitive game. Antonio Zerafa, MGA’s the Sports and Integrity Manager indicated that the data sharing agreement will foster the detection, prevention and investigation of any suspected manipulation of sports competition.
The moves that the Malta Gaming Authority has been making of late have inspired a lot of confidence with their approach of maintaining the trust and integrity of sports. The regulator has been unwavering in the fight to ensure that sports remain a sacred avenue of fair competition all across the board.
MGA Continues to Fight the Good Fight
Las week, the regulator also signed an MoU (Memorandum of Understanding) with the country’s FIAU (Financial Intelligence Analysis Unit) to streamline the sharing of information. The MoU was signed to put a sharper focus on CFT (Combating the Financing of Terrorism) and AML (Anti-Money Laundering) in line with the provisions of Cap. 373 of the Laws of Malta; the Prevention of Money Laundering Act.
The main objective of Malta’s FIAU is to be at the center of collection, organizing, processing, scrutiny and circulating the information related to money laundering and other criminal activities under the same scope.
Through the provisions of the Memorandum of Understanding, the MGA and FIAU will work hand in hand on initiatives such as the sensitization and training of personnel and institutions accredited by the MGA. Moreover, the MoU also outlines provisions for evaluating the competency of AML and CFT of the employees who hold top positions in the licensed establishments especially individuals appointed as MLROs (Money Laundering Reporting Officer).
This MOU was signed by FIAU’s Chairperson, Jesmond Gatt and MGA’s CEO, Heathcliff Farrugia. In view of the new developments, Heathcliff voiced his excitement on signing such a vital MoU indicating of how the regulator’s relationship with the FIAU has grown stronger especially after EU’s 4th AML Directive was introduced.
FIAU’s Director, Kenneth Farrugia also released a statement for the state’s financial intelligence unit agreeing that the MoU will foster their relationship and improve their efforts in fighting against money laundering and financing of terrorist activities.
It’s a laudable commitment by MGA to secure the local sports and gaming industry. Gambling regulators from other parts of the globe such as the UK Gambling Commission have also been as steadfast in safeguarding their industries through a series of sweeping announcements in the past weeks.
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