Dublin-June 25th. As part of the process to put in place information sharing agreements with other regulatory bodies, CEO of the Gambling Regulatory Authority of Ireland, Anne Marie Caulfield signed a Memorandum of Understanding with Commissioner Andrew Lynam representing the Gibraltarian Gambling Regulator.
This agreement establishes a framework for cooperation and sets out the broad principles of collaboration between the Gambling Regulator and the Gibraltarian authorities. The shared aims of both regulators are to enable closer working relationships which will enhance each organisation's ability to discharge their respective duties and functions.
The Gibraltarians have given their time generously in the set up phase of the GRAI and their support and advice has been greatly received.
This is the third of a series of MOUs which the GRAI intends to put in place with other Gambling Regulators in other jurisdictions over the coming months as we move towards opening for our first phase of licensing
On welcoming the agreement, CEO of the Gambling Regulatory Authority of Ireland, Anne Marie Caulfield said:
'This Memorandum of Understanding signed with the Gibraltarian Gambling Commissioner Andrew Lynam, representing the Gibraltar Regulatory Authority is a significant step in formalising the working relationship between regulators in Ireland and Gibraltar. Given how many Gambling Operators are active in both jurisdictions this Memorandum of Understanding will be the first step in cementing what will be a positive and mutually beneficial working relationship between both organisations. This is another important step in the Gambling Regulatory Authority of Ireland series of MOUs with fellow regulators.
We would also like to take the opportunity to welcome Andrew Lynam, CEO of the Gibraltar Regulatory Authority to Dublin and to thank him, and his team, for their ongoing support and assistance to GRAI. '