MGA announces revised Monthly B2B Compliance Report format

The Malta Gaming Authority informed B2B license holders on Monday that the current Monthly B2B Compliance Report has been revised. As a result, the old B2B format is no longer accessible and any new submissions shall be made within the September 2023 report, which is due October 20, 2023.

"The revised B2B Report shall, amongst other things, require the B2B reporting entity to enter the names of its B2B/B2C client companies it provides its licensable services to, and specify the relationship type/s from a provided list, allowing for multiple relationship types to be selected," noted the MGA. "In this regard, the licensable services the B2B reporting entity receives are not reportable within the B2B Report."

As opposed to the current report, the revised version introduces an improved functionality that permits licensees to deactivate specific records when, for example, a previous relationship has been terminated.

Moreover, the new version also contains an ‘Instructions’ tab describing in detail the relationship types that need to be reported. The tab also includes some practical examples, explained the Maltese regulator.