Singapore legislation
Regulation 11
Regulation 11
Identification and verification of identity for cash transaction of $4,000 or more
Amended byS 861/2024 wef 14/11/2024
A casino operator shall, before carrying out any cash transaction involving $4,000 or more in a single transaction with a patron ––
(a)
establish the identity of the patron and record the patron’s identifying information; and
(b)
verify the patron’s identity using reliable and independent sources.