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The Cyprus' Quality Promotion Agency (Ministry of Energy, Trade, Industry and Tourism) In the order of the TRIS, the European Commission has only communicated a new competition design that changes the current 2012.
The invoice includes / contains the following:
a) the existing provisions in WetTrecht 2012 with certain amendments to the legislative form;
b) The amendment of two modifying legislative texts provided, taking into account the detailed opinions of the European Commission submitted within the scope of notification of these invoices, which were communicated as "technical standards" in accordance with the aforementioned Directive.
d) new provisions recommended by the police to eliminate illegal gambling effectively.
Generally, the invoice is looking for:
a) Modernizing the legislative framework that regulates betting and regulates the way the bets are carried out either in the betting corridors or online.
b) Allow the national competence to work as an independent supervisory authority, which, among other things, the license and care of bets in connection with the aim of the republic of the republic of the elimination of illegality and elimination of crimes in the betting sector of betting wider bets affects..
c) establish strict license methods and inspect betting runners and strict fines.
d) Bottom slot machines and various casino games that are played online, as well as cross-betting and remote bets to effectively protect citizens from crime and ensure the safety of transactions.
e) set the fees for issuing a license from a betting agent or an authorized class A agent and a betting tax.
f) Replace the requirement that applicants who are legal entities must have a branch in the Republic to obtain a class B subject license, with less limiting requirement that the relevant application is only limited by a limited company For actions presented in the Republic is formed or formed outside the Republic, however, is in accordance with Part VIII of the Law of Amber Societies;
g) a general approval to national competence to impose administrative beds.
h) Enter national competence and / or the police to get a judicial order to ban bets or to make betting services or suspend the operations of the premises under certain conditions and imposed non-compliance with the order of the order.
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