Compliance Updates
MGA Extends Sign-Up Period for ESG Code Following Successful MGA Meets Session
The Malta Gaming Authority (MGA) recently conducted another successful MGA Meets session, inviting licensees for an informative session focusing on the voluntary ESG Code of Good Practice. These sessions are intended to foster mutual understanding and support and reinforce the MGA’s commitment to open and collaborative dialogue within the gaming sector.
The session, led by Kinga Warda, MGA’s Chief Officer – Policy & International Affairs, and Anna Grech, Manager – International Affairs & Policy Outreach, aimed to shed light on the ESG Code’s overview, benefits for participation, key elements and a walkthrough of optional and core disclosures.
Tailored for companies seeking a deeper understanding of the Code, the event attracted a diverse group, generating positive feedback and showcasing the industry’s commitment to responsible and sustainable business practices.
Participants engaged in an interactive Q&A session with a constructive discussion regarding the Code’s disclosures, the MGA ESG Code Approval Seal and the reporting tiers, among others.
Following the successful MGA Meets session, the MGA announced an extension of the sign-up period for the ESG Code in the remote gaming sector.
Interested parties now have until Monday, 18 March 2024 to confirm their participation in this initiative aimed at promoting ethical, social and governance standards within the remote gaming sector.
The ESG Code of Good Practice for the remote gaming sector serves as an industry-specific reporting framework aimed at enhancing transparency and encouraging ESG reporting. Covering 19 ESG topics organised into Environmental, Social and Governance categories, the Code provides a strategic roadmap for remote gaming companies to streamline their reporting efforts.