29
August
2019

Quantitative survey on soldiers and level of participation in gambling

The National Betting Authority (hereinafter referred to as “the Authority”) is announcing a quantitative survey on participation in gambling activities of soldiers and recruits (2019 2nd ESSO) in Cyprus army camps.
The purpose of the survey is to record the degree of participation of soldiers in gambling, to determine the rate of problem gambling among this target group, the frequency of gambling, their budget and actual cost of participation, as well as their views and their perceptions on gambling.
This survey will be carried out in the framework of the Memorandum of Understanding between the National Betting Authority and the Ministry of Defence, with the aim of establishing a framework for preventing and addressing any negative consequences of gambling participation between national guards.
In addition, this survey falls within the Authority’s strategic objectives of collecting data and understanding all aspects of society’s participation in gambling. The strategic cooperation between the Authority and the Ministry of Defence is expected to be strengthened by further actions and the development of mechanisms to prevent and protect soldiers from problem gambling.
The survey will be carried out by the Ministry of Defence on a sample of 1000 national guards for the next time frame, by IMR / University of Nicosia. The integrated digital application of YPAM Cyprus operates, simply and easily, through any “smartphone” and enables users to:

  • Find all the information on army recruiting
  • Learn all they need for the Military reserve forces
  • Be informed about the military contractors
  • Easily and quickly find information useful to military staff
  • Find GPS map directions for all recruiting offices
  • Have immediate and valid information

Nicosia, August 29, 2019

 

23
August
2019

JOINT ANNOUNCEMENT Signing of a Memorandum of Understanding between the Cyprus Securities and Exchange Commission and the National Betting Authority

The Cyprus Securities and Exchange Commission (“CySEC”) and the National Betting Authority (“NBA”) have signed today 23 August 2019, a Memorandum of Understanding (“MoU”). The MoU has been signed by Mrs. Demetra Kalogerou, Chairwoman of CySEC and Mrs. Ioanna Fiakkou, Chairwoman of NBA.

With this MoU, a framework and procedures for cooperation have been established, in order to facilitate the exchange of information and more generally, the provision of mutual assistance, for the more effective exercise of the responsibilities and the achievement of the objectives of the two Authorities.

On the basis of this MoU, the two Authorities cooperate with each other to enhance the effectiveness of supervision and to address issues and violations of existing legislation where there is a common objective, thereby ensuring compliance with the relevant legislation.

CySEC and the NBA participate in the Advisory Authority pursuant to the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007 to 2019 (Law 188 (I) / 2007) and cooperate on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing.

Nicosia, 23 August 2019