UKGC Updates Key Event Reporting Thresholds
The UK Gambling Commission has confirmed amendments to its Licence Conditions and Codes of Practice (LCCP) Condition 15.2.1 on reporting key events, set to take effect on 19 March 2026. The update raises the threshold for reporting changes in operator status and relevant persons or positions from 3% to 5%, while extending the definition of 'relevant persons' to include entities without share capital.