ACM and KSA Upgrade Their Cooperation Protocol

The Netherlands Authority for Consumers and Markets (ACM) and the Dutch Gaming Authority (KSA) continues their successful collaboration. They have just confirmed upgrade of their collaboration protocol, looking to continue successful alliance.

The recent news by two organization is an important step in keeping the rights and protection of customers on the highest level. They will be looking to create common principles serving as a guidance to their upcoming collaboration.

The new agreement between two companies has the purpose of optimizing and unforming of the shared tasks, boosting efficiency and drive in their efforts. The revamped protocol is also a base for building a supportive atmosphere where two regulators can back each other in their shared mission.

Reasons for Collaboration

As the regulation constantly changes, so are the reasons for upgrade of this collaboration Both KSA and ACM will set their guidelines in line with the new legislation looking to take care of potential challenges in the industry and solving ongoing requests.

The last agreement between two organizations was signed back in 2015, so the new deal will lead both bodies towards achieving new milestones in the iGaming sector.

More Info on the ACM

The Netherlands Authority for Consumers and Markets (ACM) has several responsibilities:

• To oversee competition
• Taking care of sector-specific regulation
• Commitment to keeping consumer protection on the highest level

The goal of the company is to make sure that markets work effectively for both individuals and business stakeholders. The organization is in charge of enforcing legal rules by suppressing unfair activity, and by sticking to compliance duties. ACM also delivers information and guidance, ensuring that everyone knows the protocols and exercise them in the real situations.

What About the Kansspelautoriteit

The Kansspelautoriteit was founded on 1 April 2012. This is an independent organization and regulator of gambling in Netherlands. They strive to nurture the environment where all gambling services are fair, brands are fully transparent and customers are protected. This means the world with straightforward gaming rules, same chances for success, and without gambling addiction.

Players are the center of the focus, as they should stay safe during the playing experience. KSA is committed to the following mission: to protect consumers, hinder gambling addiction, and to fight against illegal and criminal practices. As for the main values of the regulator, the list includes transparency, professionalism, consistence, and proactiveness. The Board of Directors at KSA is the body that has a full responsibility for all decisions.

Source:

“ACM and KSA renew cooperation protocol”, gamblinginsider.com, January 24, 2024.