Regulation 11
New Part IIIA
In the principal Regulations, after Part III, insert —“PART IIIADisclosure of Risk InformationPrescribed persons to whom risk information may be disclosed
15. The prescribed persons to whom risk information may be disclosed by a casino operator under section 139A(7) of the Act are the following:
an auditor;
a lawyer;
a consultant,appointed or engaged by the casino operator under a contract for service.Requirements and measures in relation to risk information
16. Without affecting section 139A of the Act, a casino operator must, upon receiving or accessing any risk information about a person pursuant to a written notice under that section, do the following:
determine whether the person to whom the risk information relates is a relevant party in relation to the casino operator;
where the person is a relevant party in relation to the casino operator —
assess the risks of money laundering, terrorism financing and proliferation financing that the person presents having regard to the risk information and information in the casino operator’s possession about the person; and
keep a record in writing of the risk assessment and all decisions in relation to the risk assessment, including whether the person is to be considered a higher‑risk patron;
where the person is not a relevant party in relation to the casino operator at that time, retain the risk information for the purpose of assessing the risks of money laundering, terrorism financing and proliferation financing that the person presents if the person subsequently becomes a relevant party in relation to the casino operator.”.