swedish-gaming-inspectorate-imposes-sek31.5m-fine-on-mr-green-ltd

Swedish Gaming Inspectorate Imposes SEK31.5M Fine on Mr Green Ltd

Compliance Updates

Published

1 day ago

on

August 25, 2021

Reading Time: < 1 minute

The Esports Integrity Council (ESIC) has announced that its investigations will be supported by the roll-out of a new “transparency initiative” informing stakeholders and the public of its regulatory proceedings and outcomes.

The initiative has been launched to aid the ESIC organisation, whose integrity unit concurrently examines 15-30 investigations at any one time.

A new framework has been required to help ESIC provide updates to the public on ongoing integrity matters which have been previously limited due to lack of constrained (but resolving) resources.

“ESIC is aware that the growing public interest in its activities and demand for information to be made available is something that it needs to resolve,” the statement read.

“It is important that ESIC provide a reliable and proportionate level of insight into the activities it undertakes to bolster public confidence in the integrity of esports and of ESIC as its guardian.”

Moving forward, ESIC has formulated a new transparency framework catering for all investigative queries, which will be supported by ESIC maintaining four registries providing disclosed information to the public.

The four registries will provide specific information related to public matters, sanctions issued by ESIC, investigative appeals and formal conclusions made by ESIC.

The registries form part of an 18-month project by ESIC, which aims to be completed and made available by November 2021.

The organisation concluded: “ESIC is presently in the process of expanding its resourcing capabilities in order to allow it to scale beyond the limitations previously, and currently, inhibiting full scalability.”

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