British Gambling Commission sets out improved regulatory approach
The Commission’s CEO Jenny Williams said: “These documents set out our risk based approach to regulating the gambling industry. With the benefit of two years’ experience we are restating the principles that underpin this approach.“Our intention is to clarify, and where possible simplify, the documentation - but the principles already established remain largely the same.”
A full public consultation took place over the summer. Amongst other things the documents emphasise the Commission’s pursuit of the Hampton and Macrory principles in promotion of the licensing objectives. For example, our approach has regard to the impact of regulation on different types and sizes of licence holder and our compliance work focuses on preventative activity rather than regulatory action by communicating with licence holders and keeping them informed of our requirements.
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