#CasinoSecrets

Investigating the Offshore Online Gambling Industry

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Borse Platform B.V.

Gaming OperatorRegistered March 14, 2024
1
Applications
0
Domains
7
Related Entities
0
Locations

OGL/2024/931/0608

Rejected
Submitted: April 30, 2024End Date: December 17, 2025

Customer

Contact
Frank Lammers
Email
153924bpbv@gmail.com
Company
Borse Platform B.V.

Review Timeline

Verification
JPJemy-Ree Pilgrim (GCB User 3)
Due Diligence
AAAnton Axiaq (AAX)
Background Check
AAAnton Axiaq (AAX)
Background Check
PWPhilippe Warzee (PW)
Background Check
AAAnton Axiaq (AAX)
Due Diligence
STSarah Tua (ST)
Due Diligence
LCLuca Camilleri (LC)
Suitability
HSHilary Stewart Jones (HSJ)
Suitability
CHCeline Houareau (CLHR)
Approval
CPCedric Pietersz (Managing Director GCB)

Compliance Checklists

Application Verification ReviewCritical3 items
ANDZELIKA RAISKAJAQuestionMinorDue Aug 29, 2024

PAGE 1: QUESTION 11: The response to Question 11 is missing.

Kindly complete Question 11 and resubmit the form.

ANDZELIKA RAISKAJAQuestionMinorDue Aug 29, 2024

PAGE 2: QUESTIONS 19: The information provided must be the same as in the passport enclosure document.

Kindly submit with matching passport information.

ANDZELIKA RAISKAJA - Proof of addressProof of AddressCriticalDue Dec 11, 2024

The enclosed proof of address is not in english. Kindly resubmit a proof of address or bank statement in english or an english translation not older than 6 months.

The enclosed proof of address is not in english. Kindly resubmit a proof of address or bank statement in english or an english translation not older than 6 months.

Application Due Diligence ReviewCritical19 items
QPA/2024/00587 - Frank Lammers - PHDFMiscellaneousCriticalDue Mar 10, 2025

The PHDF must be signed and verified digitally. Please resubmit.

The PHDF must be signed and verified digitally. Please resubmit.

QPA/2024/00585 - Andzelika Raiskaja - PHDFMiscellaneousCriticalDue Mar 10, 2025

The PHDF must be signed and verified digitally. Please resubmit.

The PHDF must be signed and verified digitally. Please resubmit.

QPA/2024/00585 - Andzelika Raiskaja - PHDFMiscellaneousCriticalDue Mar 10, 2025

The PHDF must be signed and verified digitally. Please resubmit.

The PHDF must be signed and verified digitally. Please resubmit.

QPA/2024/01954 - Volodymyr Bakotskyi - PHDFMiscellaneousCriticalDue Mar 10, 2025

The PHDF must be signed and verified digitally. Please resubmit.

The PHDF must be signed and verified digitally. Please resubmit.

QPA/2024/01954 - Volodymyr Bakotskyi - Birth CertificateBirth CertificateCriticalDue Mar 10, 2025

Please upload the Birth Certificate

Please upload the Birth Certificate

QPA/2024/01954 - Volodymyr Bakotskyi - Letter Of Engagement and CVCuriculum VitaeCriticalDue Mar 10, 2025

Kindly submit a curriculum vitae and an engagement letter for the position of compliance officer.

Kindly submit a curriculum vitae and an engagement letter for the position of compliance officer.

Compliance OfficerMiscellaneousCriticalDue Mar 12, 2025

Curacao regulations authorise a CO to hold not more than 10 CO roles. CO surpasses limit. Appoint an alternate CO, fluent in AML and submit their PHDF and required documents

CO surpasses legal limit of office tenure. Appoint an alternate CO, fluent in AML and submit their PHDF and required documents

Local DirectorDirector's ListCriticalDue Mar 12, 2025

Frank H.C Lammers indicated role as corporate trustee. Clarify this role/in which entity the role is held. Update/remove if necessary He also indicates role as Non-executive director - At least one local executive director is required. Update role to executive

Frank H.C Lammers indicated role as corporate trustee. Clarify this role/in which entity the role is held. Update/remove if necessary He also indicates role as Non-executive director - At least one local executive director is required. Update role to executive

Financial StatementsFinancial AuditCriticalDue Mar 12, 2025

FS 2022 submitted are unsigned. Resubmit signed by director. Submit FS 2023 and financials in whatever form, yet signed by director, which must not be older than 6 months

FS 2022 submitted are unsigned. Resubmit signed by director. Submit FS 2023 and financials in whatever form, yet signed by director, which must not be older than 6 months

Corporate StructureMiscellaneousCriticalDue Mar 12, 2025

Corporate structure is unsigned. The financials also make reference to 'group' company/subsidiary 'Borse Platform Ltd'. If still applicable, include entire group in corporate structure and resubmit signed by director

Corporate structure is unsigned. The financials also make reference to 'group' company/subsidiary 'Borse Platform Ltd'. If still applicable, include entire group in corporate structure and resubmit signed by director

Share Ledger CertificationShare LedgerHighDue Mar 12, 2025

Share ledger is uncertified. Resubmit certified (View PHDF for certification guidance if needed)

Share ledger is uncertified. Resubmit certified (View PHDF for certification guidance)

Source of Funds of BusinessSource of FundsCriticalDue Mar 12, 2025

Submit enhanced documentation as to how the operations of the applicant company are funded and by whom, including certified documentation which shows funds owned by the company through cash flow or other means.

Submit enhanced documentation as to how the operations of the applicant company are funded and by whom, including certified documentation which shows funds owned by the company through cash flow or other means.

Business PlanBusiness PlanCriticalDue Mar 12, 2025

The Business Plan lacks information and criteria listed in the guidelines on the application portal. It does not include a management structure, allocated responsibilities, controls, provision of information about payment gateways, contractual and financial model with key suppliers. It also does not provide a detailed 3 year broken down financial forecast. Kindly review the guidelines on the portal, revise the business plan and resubmit.

The Business Plan lacks information and criteria listed in the guidelines on the application portal. It does not include a management structure, allocated responsibilities, controls, provision of information about payment gateways, contractual and financial model with key suppliers. It also does not provide a detailed 3 year broken down financial forecast. Kindly review the guidelines on the portal, revise the business plan and resubmit.

Business and Corporate Information FormMiscellaneousCriticalDue Mar 12, 2025

The company does not appear to be a start up and appears to have existed under a Master License. Clarify response to question 7. Update answer accordingly and resubmit form .

The company does not appear to be a start up and appears to have existed under a Master License. Clarify response to question 7. Update answer accordingly and resubmit form .

AML PolicyMiscellaneousCriticalDue Mar 12, 2025

The AML policy must adhere to Curacao AML laws. Kindly amend.

The AML policy must adhere to Curacao AML laws. Kindly amend.

Prohibited JurisdictionsProhibiited CountriesCriticalDue Mar 12, 2025

Although the site blocks access from the Netherlands and the T&Cs contain an adequate prohibited jurisdictions list, players are still allowed to choose the Netherlands as their country of residence at registration stage. Players residing in Curacao, the Netherlands, USA, UN sanctioned countries and FATF blacklisted countries must not be allowed to register an account. Kindly amend.

Although the site blocks access from the Netherlands and the T&Cs contain an adequate prohibited jurisdictions list, players are still allowed to choose the Netherlands as their country of residence at registration stage. Players residing in Curacao, the Netherlands, USA, UN sanctioned countries and FATF blacklisted countries must not be allowed to register an account. Kindly amend.

Player RegistrationPlayer RegistrationCriticalDue Mar 12, 2025

The registration form does not require the player's name, address or DOB. This information must be collected at the latest prior to the first deposit. Kindly amend.

The registration form does not require the player's name, address or DOB. This information must be collected at the latest prior to the first deposit. Kindly amend.

Company DetailsOperationsCriticalDue Mar 12, 2025

The footer refers to a Seychelles registered company holding an Anjouan license rather than the applicant company Borse Platform B.V. The registered domain/s must display the applicant company's details in the footer. Kindly amend.

The footer refers to a Seychelles registered company holding an Anjouan license rather than the applicant company Borse Platform B.V. The registered domain/s must display the applicant company's details in the footer. Kindly amend.

CGA/GCB Dynamic SealOperationsCriticalDue Mar 12, 2025

The registered domain/s must display the CGA/GCB dynamic seal in the footer. Please follow the instructions available on the following page for the proper display of the dynamic seal: https://portal.gamingcontrolcuracao.org/

The registered domain/s must display the CGA/GCB dynamic seal in the footer. Please follow the instructions available on the following page for the proper display of the dynamic seal: https://portal.gamingcontrolcuracao.org/