UKGC announces new customer funds rating system

Operators have eight weeks to apply new ratings to customer funds

The Gambling Commission (UKGC) has confirmed its latest set of amendments to the Licensing Codes of Practice (LCCP) relating to the holding of customer funds by operators. Under the new rules, which apply retrospectively as of 29 April, a customer funds insolvency system is introduced, replacing the current rating system with new ratings standards. Operators…

Customer Fund Protection | Regulation | UK | UK Gambling Commission | Uk Regulation