This Monday, December 30, by the presidency of the Colombian Republic, it was published the addition of article 2.7.5.10 'Graduality of Reliability' for the gambling sector, emphasizing in localized for the purposes of applying the rate provided in article 59 of Law 1955 was decreed of 2019 and article 56 of Decree Law 2106 of 2019.
Which stipulates 3 important elements in measure of time for the great change ahead for the industry that is the approval:
The first is that from January 1, 2020 Coljuegos has 6 months to structure the reliability requirements, which the slot machines must accomplish in order to enjoy the benefit of 12%. It is valid to highlight that for this process the regulatory entity will make citations to interested actors to attend to the socializations and technical tables where the points that, in principle, Coljuegos itself establishes will be discussed. Well, it has been at least the natural process in these changes until now.
As a second important point, the reliability graduality document establishes that once the first step mentioned above is completed, a period of two years will be given to revisit the operation of the stipulated requirements and reconnect the guidelines of these, if necessary.
Finally, the government also establishes that, to reach a reliability with international standards or homologation, which is really the center of this process, there will be a minimum of 10 years. In addition, for the first time the government has accompanied the process directly with guidelines in viable times, and the state's participation is expected to continue being active in this process, as it is a strong change for the industry.
As for the chronology of this, which has been a fairly continuous process, because it comes at a time where the legal charge of the 12% imposed on the PND by President Iván Duque was mainly pressed, as it was the respite that the operators were looking for in order to later be able to comply with the requirements that came from the regulatory entity and the government.
It is important to recall that ICONTEC will also be part of this, because a timid communiqué was published weeks ago giving a part for the recess that will take the Homologation process, and then another for the entry to the scene of ICONTEC, which will now bear the responsibility to get the project forward
However, it is of vital importance that ICONTEC will not be the Homologue because it does not have the expertise or the models and processes for this purpose; only an accompaniment with more authority in the creation of the standards will play.
Here it is the full document in Spanish