Principles of regulation
Principles of regulation
The regulatory work of the HGC is based on fundamental principles that ensure that its regulatory interventions are effective, evidence-based and oriented towards the protection of the public interest. These principles, which were introduced by decision 8/6/25.05.2012 of the HGC, constitute the core of its regulatory philosophy and guide the development, implementation and evaluation of the regulatory framework.
Principle of proportionality
The HGC intervenes only when necessary and takes measures that are appropriate, necessary and proportionate to the intended purpose, achieving effective risk management without imposing unjustified burdens on the supervised entities.
Principle of accountability
The HGC makes documented and justified decisions, operating responsibly and ensuring the possibility of public scrutiny of its work.
Principle of consistency
The HGC develops a coherent and stable regulatory framework, imposing the rules with objectivity, impartiality and equal treatment.
Principle of transparency
The HGC formulates clear, understandable and accessible rules, promoting open communication and trust between the State, the supervised entities and the citizens.
Principle of adherence to the regulatory purpose
The HGC plans its interventions with a view to effectively addressing market problems, while seeking to minimize any undesirable effects of regulatory measures.
Principle of social responsibility and empathy
The HGC carries out its regulatory work with awareness of the social impacts of the gambling market, promoting responsible gambling, protecting gamblers and vulnerable social groups and maintaining a continuous and meaningful dialogue with society.