Curaçao, Februari 15, 2019,
On February 15, 2019, the National Decree Supervisor Unusual Transactions Gaming Sector and the National Decree Supervisor Identification When Rendering Services were published.
The GCB was organized as a result of the second Mutual Evaluation by the Financial Action Task Force (FATF) that was critical of the lack of AML/CFT oversight of the gaming sector. The GCB’s AML/CFT responsibilities were initially limited to the landbased casino sector.
The two national decrees appoint the Curaçao Gaming Control Board (GCB) as the supervisor for compliance with anti-money laundering and countering financing of terrorism (AML/CFT) for all gaming sectors operating in and from Curaçao, thus expanding the AML/CFT responsibilities of the GCB to all gaming sectors.
Curaçao, January 18, 2019
The realization of the Latin American and Caribbean Regulators of Gaming Association (LACARGA), a non-political association of professional gaming regulators, is one step closer. All comments of the Founding Members on the draft Articles of Organization have been received and processed. This was the last hurdle to take before the organization of LACARGA, which will take place very soon. The brand identity is drafted, the domain (lacarga.org) is secured and a draft website is already set up. We’re almost ready to realize the platform that will assist the Latin American and Caribbean gaming regulators to the next level in the disbursement of their regulatory responsibilities.
The current Founding Members of LACARGA are Mrs. Vivien Villagran Acuña of the Superintendencia de Casinos de Juego of Chile, Mr. Vitus Evans of the Betting, Gaming & Lotteries Commission (BGLC)of Jamaica, and Mr. Gino Campbell of the Curaçao Gaming Control Board.
Curaçao, December 18, 2018
On December 18, 2018, the Minister of Finance, the Honorable Mr. Kenneth Gijsbertha, officially notified the general public of the government’s intention to appoint the Stichting Gaming Control Board as the unified regulator as well as the AML/CFT-supervisor for all of gaming in and from Curaçao.
The decision for this appointment was already made by the Curaçao government in December 2013. The required legislative process to follow through on this decision is underway and is expected to be finalized in the coming months.
The Minister of Finance expects that the appointment of the GCB will also be helpful in combating illegality in our gaming sector.
For the Dutch, Papiamentu and English versions of the Minister of Finance’s publication, please click here.
Curaçao, December 1, 2018
Curaçao’s National Risk Assessment (NRA) was officially launched in March 2018 with a three day workshop by the Worldbank. Curaçao has elected to make use of the Worldbank methodology, tools and guidance to get this immense task done as efficiently and effectively as possible.
With the NRA Curaçao is compliant with Recommendation 1 of the 40 Recommendations of the Financial Action Task Force (FATF). The NRA’s goal is to gain insight in Curaçao’s risk profile where it concerns money laundering and the financing of terrorism and to identify the actions needed to mitigate those risks. This follow up is extremely important in light of the Mutual Evaluation (MEval) by the Caribbean Financial Action Task Force (CFATF) in the year 2022. The focus of this 4th MEval will be on the effectiveness, the immediate outcomes of Curaçao’s infrastructure to combat money laundering and the financing of terrorism (AML/CFT).
The active participation of all relevant parties in government as well as that part of the private sector that falls within the scope of the AML/CFT legislation, is essential to paint a true and realistic picture of Curaçao’s AML/CFT risk profile. It is more probable than not that failing the 4th MEval may be extremely damaging to a country’s international reputation and its ability to do business.
Curaçao, November 30, 2018
On November 30, 2018, the Gaming Control Board (GCB) organized the first ever Responsible Gaming conference on Curaçao. The title of this event, Responsible Gaming: A Team Effort!, is a reflection of the reality that successful countering of gambling addiction and promotion of responsible gaming is the task of multiple stakeholders.
Apart from the fantastic preparatory work by GCB’s Mrs. Ayeska Coster, the success of this event can also be attributed to the enthusiastic participation of the local gaming industry, members of Parliament, government representatives and the terrific presentations by Fundashon pa Maneho di Adikshon (FMA) and Mr. Keith Whyte, Executive Director of the National Council of Problem Gambling (NCPG).
At the end of the day, there was consensus that the gambling addiction reports for Curaçao are in desperate need of updating. Furthermore, the gambling addiction problem in Curaçao is not to be underestimated and needs to be on the radar of lawmakers as well as the executive branch of government. Funds need to be made available to finance professional avenues of treatment and guidance.
For more details on the Responsible Gaming Conference, please click here.
November 20, 2018
The popular Curaçao playwrite, actor and director, Percy “Boskwiri” Benita and the Curaçao Gaming Control Board (GCB) closed ranks to create awareness for the gambling addiction challenges that Curaçao faces. The GCB sponsored 3 showings for middle and high school students of Boskwiri’s play B’a Hink’é, Sak’é Awó, a tragic comedy that depicts the ripple effect of the harm gambling addiction causes to a family and a community. All the showings ended in a short info session by the GCB and the Fundashon pa Maneho di Adikshon (FMA) on the available avenues for assistance when confronted with gambling addiction.
For more details on B’a Hink’é, Sak’é Awó, please click here.