GIBRALTAR Law and Practice Contributed by: Emma Lejeune, Stuart Dalmedo, Nicholas Isola, James Castle and Louise Anne Turnock, ISOLAS LLP
9. Looking Forward 9.1 Upcoming Legal Reforms
• issue enforcement notices, including warn - ings and reprimands, which may impose temporary or definitive bans on processing, or order a controller/processor to take corrective action; and/or • issue monetary penalty notices. Article 57 of the Gibraltar GDPR also prescribes the tasks and functions of the Information Com - missioner. These include, but are not limited to: promoting awareness of rights and obligations; handling complaints; conducting investigations and taking enforcement action against those controllers or processors failing to comply; and certifying and approving certain mechanisms and schemes such as contractual clauses or binding corporate rules.
After some years in the making, the new Gam - bling Bill proposes an Act (the “New Act”) to pro - vide a modernised framework for the licensing and regulation of the Gibraltar gambling indus - try. There are a series of key changes proposed, including: • under the New Act, “regulated activities” are prescribed by Sections 17–19; • the New Act will introduce regulations to underpin new fees for all licence types and verticals prescribed; • there are currently no plans to change gam - bling duty rates for B2Cs, nor to impose gam - bling duty on B2B operators who will remain exempt to duty under the New Act; • the supply of betting data on its own will not be licensable under the New Act; and • marketing will become a licensable activity (subject to narrow exceptions) and is widely defined under the New Act.
314 CHAMBERS.COM
Powered by FlippingBook