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Key briefings: Changes regarding the guarantee to cover the risk of non-payment imposed on B2B testing laboratories

March 2024

The legal framework applicable to the gambling industry in Romania has recently suffered numerous changes. Among these amendments is the elimination of the legal requirement to provide a guarantee to cover the risk of non-payment imposed on B2B testing laboratories providing certification or auditing services for online gambling.

Before the changes to the legislation, in practice, any testing laboratory which intended to obtain a Class 2 license as auditor/certifier was required to set-up a guarantee in the amount of EUR 250,000.

The immediate consequence of the elimination of this requirement is the possibility for operators offering such services to obtain a licence from the Romanian relevant authority (ONJN) without the need to constitute such a guarantee and to submit the corresponding proof during the licensing process. Separately, operators who are already licensed by the authority may continue to provide the services for which they are authorised without having to maintain such a guarantee for the duration of the applicable licence.

For more details, please get in touch with us.

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