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KRA agrees information-sharing deal with Busan police on illegal betting

Business

South Korea’s Korea Racing Authority (KRA) signed an agreement with the Busan Metropolitan Police Agency to coordinate action against illegal online horse-race betting. The parties plan to share information, support police investigations and hold awareness events, the KRA said; a police spokesperson said the arrangement would help enforcement.

The agreement sets out information-sharing and investigative cooperation against illegal online horse-race betting.

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Regulation

Brazil Central Bank amends information-sharing rules on illegal betting

Brazil’s Central Bank issued Resolution BCB No. 569/2026, amending rules for financial institutions to share information about fraud involving unauthorised betting operators. The regulation sets 30 October 2026 as the deadline for measures concerning illegal virtual-asset services and 1 December 2026 for measures concerning illegal financial and payment services to betting operators.

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