Consultation response
Financial key event reporting: Reporting changes in ownership and interests: Consultation response
The consultation response on reporting changes in ownership and interests as a key event.
Contents
- Executive summary
- Introduction
- Summary of responses
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- Proposal 1: Raising the reporting threshold for ‘operator status’ and ‘relevant persons and positions’ from 3 percent to 5 percent
- Proposal 2: Amendment to paragraph 2 of Licence Condition 15.2.1 to expand the application of ‘relevant persons’ to include shareholders, but also other entities with both direct and indirect interests in the licensee of 5 percent or more
- Proposal 3: Amendment to paragraph 3 of Licence Condition 15.2.1 to include the reporting of entering into financial agreements or arrangements with third parties and/or the receipt of financial assistance from a group company
- Proposal 4: Introduction of a new requirement for licensees to report to the Commission the details of individuals who acquire the equivalent of £50,000 or more worth of new shares in a rolling 12-month period
- Proposal 5: Amendment to the Licensing, Compliance and Enforcement Policy Statement under the Gambling Act 2005 to raise the threshold of shareholders to be listed from 3 percent to 5 percent
- Equalities considerations
- Business impacts and implementation
- Annexes
Introduction
On 15 December 2023 we issued our consultation on Financial Key Event Reporting: Reporting changes in ownership and interests (opens in new tab).
The consultation ran for 13 weeks until 15 March 2024.
We received 29 written responses to the consultation from the following categories of respondents:
- 22 from gambling businesses
- 5 from trade associations
- 1 from charities and/or non-profit organisations
- 1 from professional bodies.
Annex 1 lists organisations that consented to the publication of their name when responding to the consultation.
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Summary of responses - Financial Key Event Reporting: Reporting changes in ownership and interests
Last updated: 18 December 2025
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