Spanish regulators approve eCOGRA as testing agency31 October 2011
LONDON, England -- (PRESS RELEASE) -- Following its recent accreditation as a full testing agency by the Italian regulator AAMS, the independent player protection and standards body eCOGRA has achieved similar status with the new Spanish gambling regulator, and is now approved to test and certify both i-gaming software and information systems security for the Spanish market.
eCOGRA chief executive officer, Andrew Beveridge, applauded the licensing opportunities adopted by the Spanish regulator in the newly liberalised online gambling market in Spain, commenting:
"It appears that a harmonised EU regulatory environment is unlikely to be achieved in the near future, and operators, software suppliers and testing agencies are currently faced with a formidable challenge in meeting the different jurisdictions’ compliance requirements.
In this environment eCOGRA is very conscious of the need to fulfil our clients’ expectations and the associated audit risks, and we are continually developing our auditing approach to ensure that operator and software supplier clients realise benefits that include:
•A streamlined and efficient audit process ensuring reduced delays in licensing in new jurisdictions and minimal disruptions to the rollout of new products and system changes;
•Reduced testing through a single audit of common regulations across multiple jurisdictions, with possible and consequential annual cost benefits;
•Compliance work performed by professional and industry experienced auditors with a thorough understanding of the operational and regulatory environments;
•Comfort that a familiar testing agency with a proven reputation for integrity and competence is performing the testing work; and
•Competitive testing agency fees."
Founded in 2003, eCOGRA tests, reviews and monitors the operational activities......................
Read Entire Article HERE
LONDON, England -- (PRESS RELEASE) -- Following its recent accreditation as a full testing agency by the Italian regulator AAMS, the independent player protection and standards body eCOGRA has achieved similar status with the new Spanish gambling regulator, and is now approved to test and certify both i-gaming software and information systems security for the Spanish market.
eCOGRA chief executive officer, Andrew Beveridge, applauded the licensing opportunities adopted by the Spanish regulator in the newly liberalised online gambling market in Spain, commenting:
"It appears that a harmonised EU regulatory environment is unlikely to be achieved in the near future, and operators, software suppliers and testing agencies are currently faced with a formidable challenge in meeting the different jurisdictions’ compliance requirements.
In this environment eCOGRA is very conscious of the need to fulfil our clients’ expectations and the associated audit risks, and we are continually developing our auditing approach to ensure that operator and software supplier clients realise benefits that include:
•A streamlined and efficient audit process ensuring reduced delays in licensing in new jurisdictions and minimal disruptions to the rollout of new products and system changes;
•Reduced testing through a single audit of common regulations across multiple jurisdictions, with possible and consequential annual cost benefits;
•Compliance work performed by professional and industry experienced auditors with a thorough understanding of the operational and regulatory environments;
•Comfort that a familiar testing agency with a proven reputation for integrity and competence is performing the testing work; and
•Competitive testing agency fees."
Founded in 2003, eCOGRA tests, reviews and monitors the operational activities......................
Read Entire Article HERE