Compliance Updates
The Isle of Man Treasury Appoints Gregory Petts as Chairman of the Isle of Man Gambling Supervision Commission
The Isle of Man Treasury has appointed Gregory Petts as Chairman of the Isle of Man Gambling Supervision Commission.
As Commission Chairman, Mr Petts’ role is to ensure that the GSC upholds the highest standards of regulation within the gambling sector, ensuring accountability and oversight to ensure that the GSC balances the needs of the sector with the safety of the jurisdiction.
Mr Petts is a Chartered Accountant and auditor with experience in the Gambling, Finance and Life Assurance sectors and has been part of the Commission for five years.
His invaluable experience in internal audit, governance, risk and compliance will support the GSC in its regulatory duties.
“It is essential to strike a balance, maintaining responsible growth of the sector and continuing to uphold a strong regulatory framework. Maintaining the Isle of Man’s international reputation as a trusted and respected jurisdiction is of the utmost importance,” Mr Petts said.
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