FIBA on BETTING AND CORRUPTION : Regulations and Sanctions

FIBA is recognised as the sole competent authority in basketball by the International Olympic Committee (IOC).FIBA establishes the Official Basketball Rules, the specifications for equipment and facilities, and all internal executive regulations that must be applied to all international and Olympic competitions, for which FIBA also establishes the system of competition. It is the world governing body for basketball, is an independent association formed by 215 National Federations of basketball throughout the world.

  • What is benefit?

“Benefit” means the direct or indirect receipt or provision (as relevant) of money or money’s worth (other than prize money and/or contractual payments to be made under endorsement, sponsorship or other contracts);

  • What is betting?

“Betting” shall mean making, accepting, or laying a wager of money or any other form of financial speculation and shall include, without limitation, activities commonly referred to as sports betting such as fixed and running odds, totalisator/toto games, live betting, betting exchange, spread betting and other games offered by sports betting operators.  “Bet” means a wager of money or any other form of financial speculation;

  • What is Manipulation of Results ?

(a) Fixing or contriving in any way or otherwise improperly influencing, or being a party to fix or contrive in any way or otherwise improperly influence, the result, progress, outcome, conduct or any other aspect of a Competition of FIBA.

(b) Ensuring or seeking to ensure the occurrence of a particular incident in a Competition of FIBA which occurrence is to the Participant’s knowledge the subject of a Bet and for which he or another Person expects to receive or has received a Benefit.

(c) Failing in return for a Benefit (or the legitimate expectation of a Benefit, irrespective of whether such Benefit is in fact given or received) to perform to the best of one’s abilities in a Competition of FIBA.

  • What is Corrupt Conduct ?

(a) Accepting, offering, agreeing to accept or offer, a bribe or other Benefit (or the legitimate expectation of a Benefit, irrespective of whether such Benefit is in fact given or received) to fix or contrive in any way or otherwise to influence improperly the result, progress, outcome, conduct or any other aspect of an Event or Competition.

(b) Providing, offering, giving, requesting or receiving any gift or Benefit (or the legitimate expectation of a Benefit, irrespective of whether such Benefit is in fact given or received) in circumstances that the Participant might reasonably have expected could bring him or the sport into disrepute.

  • What is Misuse of Inside Information?

(a) Using Inside Information for Betting purposes or otherwise in relation to Betting.

(b) Disclosing Inside Information to any Person with or without Benefit where the Participant might reasonably be expected to know that its disclosure in such circumstances could be used in relation to Betting.

“Inside Information” means any information relating to any Competition of FIBA that a Participant possesses by virtue of his position within the sport. Such information includes, but is not limited to, factual information regarding the competitors, the conditions, tactical considerations or any other aspect of the Competition of FIBA, but does not include such information that is already published or a matter of public record, readily acquired by an interested member of the public or disclosed according to the rules and regulations governing the relevant Competition of FIBA.

FULL TEXT : FIBAInternalRegulationsonBettingandCorruption

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