PAGCOR applies probity checks to licence applications and ownership changes
PAGCOR requires probity checks for new and renewed licence applications and for events including changes to directors, officers or ownership, Arden Consult said in a resource article. Licensed entities must notify the regulator in writing within 15 calendar days of changes to their board, officers or ownership; checks are assigned across three risk levels.
Operators must account for probity reviews and a 15-day notification requirement when applying for licences or changing ownership or management.