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Orange Digital Seal

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Transition Period

  • All NOOGH-licenses already in place as of December 24, 2024 →
    Provisional LOK-licenses for 6 months (until June 24, 2025)
  • Possible to extend with 6 months BUT subject to compliance with
    special conditions (checklist on portal) and additional requirements
    LOK
  • Applications in progress – no change required.
  • New applications will follow LOK application process
    (when portal re-opens in upcoming weeks)

Fees – Application

B2C and B2B License Application: EUR 4,592
plus

  • EUR 150 per UBO (2nd and above)
  • EUR 128 per holder of a qualifying position
  • EUR 2,551 per exchange listed UBO

Add/Change UBO or holder of qualifying interest

  • EUR 128
    Domains (B2C only)
  • EUR 250 per

Fees – B2C

  • Annual License Fee: EUR 24,490
    Plus
  • Annual Supervisory Fee: EUR 22,960
  • Annual Total – EUR 47,450

Payable pro-rata on issuance and <19th Jan annually

Fees – B2C 2025

End January/ beginning February:

  • Invoiced:
  • Lok provisional licensees already in place as of Dec 24, 2024: half of
    license fee and half of supervisory fee

At approval of NOOGH-applications in progress:

  • First invoice received of half of license fee and half of supervisory fee
  • After payment is received, provisional LOK license will be granted

Fees – B2B
• Annual Supervisory Fee: EUR 24,490

Fees B2B 2025:
Lok provisional licensees already in place as of Dec 24, 2024: half of supervisory fee invoiced as of end of January/ beginning February

At approval of NOOGH-applications in progress:
First invoice received of half of license fee and half of supervisory fee
After payment is received, provisional LOK license will be granted

The post Orange Digital Seal appeared first on European Gaming Industry News.

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