Cyprus Gaming Regulator Meets AMLA President on New EU AML Framework

The Cyprus Gaming and Casino Oversight Authority (CGCOA) met with the President of the European Anti-Money Laundering Authority (AMLA), Bruna Szego, in Cyprus on October 30, 2025, to discuss the implementation of the new EU AML framework and strengthen supervisory cooperation.

Key Discussion PointsCGCOA Executive Director Charis Tsangaridis and AML Division Head Angelika Theofanous represented the Cypriot regulator at the meeting. The discussions focused on:

Enhancing supervisory oversight mechanismsRisk identification methodologiesImproving compliance with the AML frameworkSector Challenges AddressedThe CGCOA presented the specific challenges and risks facing Cyprus's gambling sector, covering both land-based casinos and online betting service providers. The authority outlined its ongoing initiatives to strengthen supervision and ensure responsible, transparent sector operations.

Commitment to EU ComplianceThe meeting forms part of AMLA's broader engagement with competent authorities and private sector representatives across EU member states. The CGCOA reaffirmed its commitment to close cooperation with European and local bodies, actively contributing to Cyprus's full compliance with the new European AML framework.

This regulatory engagement signals increased AML scrutiny for operators licensed in Cyprus, with the new EU framework expected to bring harmonized compliance requirements across the bloc.