growing regulatory demands see fsb call for an smp compliance academyby Joker 06.11.2018 0 comments
Seeking to strengthen its compliance operating frameworks and procedures, sports betting platform provider FSB Tech has recruited SMP eGaming to develop its specific ‘Compliance Academy’ training program.
Specialists in multi-jurisdictional licensing, regulatory auditing and AML frameworks, SMP will develop a Compliance Academy program for FSB fulfilling the demands, provisions and requisites of operating an effective and compliant online betting platform.
Updating stakeholders, Richard Thorp, Business Development Director at FSB, backed the initiative, detailing that it would strengthen FSB industry position as the firm expands its global footprint on four continents:
“The SMP Compliance Academy is an essential tool for professionals throughout the gaming industry and reflects an acute awareness of the growing need to stay fully informed of regulatory and compliance requirements.
“The platform allows us to apply a risk-based approach to our training via its powerful analytical tools. The team at SMP eGaming clearly has a depth of industry knowledge and this alliance will be of great benefit to all.”
FSB becomes the latest industry incumbent, to develop a compliance training program with Isle of man based SMP eGaming.
Facing a tougher UK regulatory environment, this October UK legacy bookmaker Betfred confirmed that it had recruited SMP eGaming to develop its unique ‘compliance academy’ focused on delivering staff training across all levels of management.
Backing FSB as a new partner, Ted Pepper, Director of SMP eGaming, said: “FSB is an ideal partner for us and has a superb reputation in the industry, we look forward to working with FSB to deliver best-in-class compliance training for their staff, via our bespoke Learning Management Software.
“Our Compliance Academy provides a comprehensive compliance and regulatory training platform which meets the requirements of regulators and satisfies organisations’ wider compliance training needs for those operating within the licensed gaming sector.
“We are delighted to team up with a respected name in the gaming industry and it’s a further strong endorsement of the work being undertaken by the Academy and the services we provide.”