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ARTICLE · 03 JANUARY 2023

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Updated System Audit Checklist And Introduction Of The System Review From The Malta Gaming Authority

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The System Review is a comprehensive audit, intended to combine the most pertinent aspects of the System Audit and Compliance Audit into an overarching appraisal of the Licensee, scheduled one year after issuance of the licence.

MaltaAccounting and Audit
Robert Zammit
Robert Zammit
Laurence Alexander
Laurence Alexander
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The System Review is a comprehensive audit, intended to combine the most pertinent aspects of the System Audit and Compliance Audit into an overarching appraisal of the Licensee, scheduled one year after issuance of the licence.

On 16th November 2022, the new checklists were published with the various requirements split according to licence category as opposed to the previous all-encompassing list.

Operators with System Audits scheduled to take place after 1st January 2023 will need to comply with additional requirements which focus on the back-end system having technical capabilities to comply with the detailed and segregated monthly reporting requirements. Focus is also applied to existing Anti-Money Laundering requirements with functionality to display risk scores, risk assessments and irregular activity flags directly on the back-end system.

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