MGA holds collaborative workshops with educational institutions, local supervisory authorities

The Malta Gaming Authority has held two collaborative events with educational institutions. At the meetings, 15 MGA employees were given the opportunity to impart their knowledge of the gaming sector and share their experiences working at the Authority.

"A very busy and fruitful day today, where teaching and outreach were at the top of our to-do list!" said the regulator on Friday. "At our offices in SmartCity we welcomed 50 MCAST students currently reading for a Diploma in iGaming, while at the University of Malta, we were invited to the Annual ICT Industry Sessions, organized by the Faculty of IT."

"Events such as these are mutually beneficial for both students and the Authority – we truly enjoy meeting the future of our industry, and we look forward to more collaborations with educational institutions," the MGA further stated.

MGA employees were given the opportunity to impart their knowledge of the gaming sector and share their experience working at the Authority to students from University of Malta's ICT Faculty and MCAST pic.twitter.com/WlaviBpWFs

— MaltaGamingAuthority (@MaltaGamingAuth) May 5, 2023

The events follow a series of workshops the Authority has held with the aim of strengthening cross-regulator collaboration. Last week, the MGA’s anti-money laundering unit teamed up with the Financial Intelligence Analysis Unit’s (FIAU) supervision unit for a joint workshop to prepare for and consolidate a number of examinations that were carried out during the first quarter of 2023. 

“Ongoing collaboration between the FIAU and MGA is crucial in effectively monitoring whether gaming operators have a sound AML/CFT compliance framework. Well-trained employees who understand each other’s work and processes is another key to being effective in AML/CFT supervision,” said Claudia Callus, FIAU Head of Supervision.

The MGA and the FIAU have collaborated on a series of workshops aimed at enhancing compliance examinations by sharing insights and best practices. Read more: https://t.co/jxzhhZfmeC pic.twitter.com/mKaSmYS88m

— MaltaGamingAuthority (@MaltaGamingAuth) May 4, 2023

“To ensure this, the FIAU and the MGA organize a number of workshops which take on varying forms – including those that take place before and after joint supervisory engagements – to ensure that they are conducted in the most effective and efficient manner,” added Antonio Abdilla Zerafa, MGA’s Head of Financial Crime Compliance.

Both authorities, together with the Malta Financial Services Authority (MFSA), also participated in a full-day training session on supervisory techniques and processes for staff engaged in carrying out compliance examinations. The aim was to share insights and best practices between the authorities.